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 [...]
There is a lot I agree with in this article.
http://seekingalpha.com/article/59740-clinton-and-obama-hedge-fund-killers
For example:
I believe unless something happens either Clinton or Obama will be the next President.
I know they both use class and wealth envy to stir up the masses.
I know, in spite of the data showing otherwise, both of them push the myth of making the rich pay their fair share.
I know neither of them understand [...]
Bernanke Said Rates Will Go Down
So, why wasn’t Wall Street impressed?
In a speech today the Federal Reserve Chairman said they stand ready to continue to lower interest rates to prevent a recession. Should be really good news to stock market speculators, right?
Yet, they seemed unimpressed. The markets did not react the way the clueless pundits expected. Sure, we saw a [...]
Well, When All You Have is a Hammer…
you think every problem is a nail.
Yes, I know it is a cliche’ and used too much, but in this case it is so true.
Through the feedback page at the Field Guide, we received a comment from a nationally recognized guru. I am not going to disclose their name because I see no reason to [...]
Is This How the Liberals in This Country Want to Address the Healthcare Issue?
The London Telegraph reported Tuesday that the British government has a “plan to save billions of pounds from the NHS budget.” But it won’t come without enormous pain.
“Instead of going to a hospital or consulting a doctor, patients will be encouraged to carry out ’self-care’ as the Department of Health tries to meet Treasury targets [...]
Help Get The Word Out!
The first issue of the Tactics and Tools Newsletter for 2008 went out today. The next issue is due out tomorrow.
In these newsletters, starting tomorrow, we are going to offer segmented training that is available ONLY TO THE NEWSLETTER SUBSCRIBERS!
Even the Field Guide members will not have access to these free learning opportunities unless they [...]
The Freecreditreport.com Ads are Cute, but VERY Misleading
Especially the one with the guy singing about living in the basement of his new wife’s parents.
The ad says they couldn’t get a decent home in the suburbs because she had defaulted on some old credit cards and he didn’t know this before he married her.
It ends with him saying had they gone to freecreditreport.com [...]
Yeah, Okay, Fine, But Just Why Did It Go Out?
On Thursday afternoon my internet connection to the world went down. Okay, a big so what with that. People lose their internet connections for short periods all the time. But, mine is DSL and there was no dial-tone on the line either. What’s more there was no DC voltage on the line. Curious, but no [...]
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