Archive for January 11th, 2008
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Buy Stocks - Trade Options
I am a long term investor. When I buy a stock it is because it is on sale and represents a great value. Which, by the way, is the same approach I take to real estate investing.
But, even though I am a buy and hold stock investor, I am an options trader.
Well, sort of. Let [...]
Financial Mergers are Starting
Bank of America is in talks to take over Countrywide in an all stock transaction. The announcement could come as early as today.
This will be interesting to watch because although Bank of America infused over $2 Billion dollars into Countrywide in the summer of 2007 in the form of loans, they are not Countrywide’s primary [...]
Consumer Confidence Declines - Again
I like the RBC Cash Index because it seems to be constructed in a way to provide the least biased read on consumer sentiment of any index I know about. Notice I did not say it was unbiased, but the survey is taken in such a way as to minimize bias.
The index was started in [...]
