There is still a lot of talk about ETF’s and they are not looking to die out anytime soon as more and more people want a piece of the action. Now index funds are dropping costs and finding the best tax advice for those who invest in their mutual fund. Read more…
It seems 2005 paid off for many hedge fund managers as they are now getting attention for their earnings. In order to be in the top 25 you had to at least make $130 million. Not only that but the top 25 averaged $363 million. Read more…
Towards the end this week many markets were moving up before the Memorial Day weekend. Today the Dow has been up over 60 and the NASDAQ jumped 12 points. Read more…
Enron’s former executives Ken Lay was found guilty on all counts and Jeffery Skilling was found guilty on 18 counts. Each of these guys may spend the rest of their lives in jail, but then again they may get a simple sentence. Read more…
After Enron, Tyco, and other companies we would have thought that these public companies would take a page from their book and get their accounting correct. Not the case for Fannie Mae (FNM) as they are now facing fines up to $400 million since they decided to cook the books for $11 billion. Read more…
The New York Stock Exchange is trying to get a piece of Euronext before the NASDAQ. Who will be the first trans-Atlantic stock exchange? Well Euronext might think about the $10.2 billion dollar offer from NYSE, but don’t be surprised to see NASDAQ to make other offers. Read more…
Mittal Steel is trying very hard to take over their rival Arcelor. It is said that Arcelor is worth $40 billion and it produces 10 percent of the worlds steel. Is Mittal Steel counting on the bullish steel prices to continue in the future. Read more…
Not long ago profits were up up and away and things were looking good, but with a snap of the fingers all that has changed as companies are reporting lower profits and the markets are running around as if they are trying to figure out what direction to go. Read more…
Exchange-traded fund (ETF) are funds traded as shares on stock exchanges. Many of us have heard of spiders, diamonds, and cubes, but we only know of the advertisements since many major magazines have full page ads for these things. Read more…
Gold has been a hot commodity for the past couple of months and like a gold rush people flocked to this precious metal in hopes of gaining a profit. Now they are grinding their teeth as gold has been taking a hit the past couple of days. Not so long ago gold was about 725 now it has fallen in the past couple of days to 686. People are moving in and out of markets trying to find the next big thing and from this things will take hits as gold has been doing. Read more…
Last week I was listing mutual funds that have been performing great and I understand that many readers may not have any idea on how to invest in a mutual fund. This post is going to give you the basics on investing in a mutual fund. Remember the biggest thing about a mutual fund is diversification. Read more…
Many of us went into the week thinking the Dow would hit records along with other records. Then the Federal Reserve raised interest rates to 5% and then leaving us with the impression that it may go up again the next meeting, so the Dow was riding on a thin string for this week. Read more…
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The Federal Reserve has raised interest rates a quarter of a point to 5%. The rates are at a five year high and they also speculated that it may raise again the next meeting. Read more…
Gold has hit 700 per ounce for the first time in 26 years. Many believe that it will continue going up as there is just to much current events that leave investors feeling uncertain about the future of their investments. Gold will hold more value then paper money in times like this. Read more…
Warren Buffett is a well know investor from the USA. This guy ranks number two just behind Bill Gates as the richest person in the world. It is estimated that Buffett’s worth is about $40 billion and he made much of his wealth from investments. Warren Buffett is a investing guru who has made his mark by buying things not really in the spot light until he buys. Read more…
The Dow has reached 6 year highs gaining 138 points to hit 11,577 and is less than a 150 points from hitting all time highs. The Dow was fueled by reports of job growth and in hopes of the Federal Reserve will stop jacking up the interest rates. I am sure these played into the big jump, but other factors like most the Asian markets were closed helped the increase. Read more…
As expected the oil price would fall a bit due to the people starting to wonder and the lawsuits brought against Bush. It will fall some then hit new highs from Iran’s propaganda that will put fear only in OPEC and the futures. Read more…
Time Warner has turned in profits up nearly 60 percent for a total of $1.46 billion. It is said the profits came from Time Warner’s book sale and the recent gain in TV. Investor were not happy that AOL continues to slug down the company. Read more…
Recently I have discovered a site that will allow investors to get into options and futures for as little as $100. Nadex has developed an interesting site that is basic investing 101 and lets you get in on the action for little money compared to the thousands of dollars needed to trade on the Chicago Board of Trade. Read more…
What is a IPO? A Initial public offering (IPO) is when a company goes public to raise funds by letting the public investors invest in their company. You are able to find these companies listed on the New York Stock Exchange, NASDAQ, and other public exchanges. Read more…
