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Supposedly the stock market has ended its worst quarter in more than 3 years. The Dow Jones lost 12.5%, Standard & Poor’s dropped more than 14%, the European blue-chip stock fell 17%, the Hong Kong market fell 21.5%, and Brazilian shares fell 16%. Even the price of gold, which was being pushed heavily this year [...]
I am not a stock broker or a financial analyst. I would never expect anyone to take that kind of financial advice from me. I have looked at the stock ticker in the newspaper and online, and I sometimes think I know what’s going on, but I would never tell anyone how they should invest [...]
I didn’t understand this concept of insider information as it applied to the stock market until Martha Stewart was indicted for it in 2003. It seemed like a ridiculous thing to indict her on for many reasons. One, the dollar amount was really small. Two, so someone gave her a bit of information ahead of [...]
Ten days ago I said that investing one’s money takes confidence. It seems I was more accurate on that point than ever, as August 2010 turns out to be the worst August since 2001, and that was days before what happened to the World Trade Center. The Dow dropped 4.3% in August, including dipping under [...]
I’m not the best investor in the world; we’ll get that out of the way now. And when you look at what’s been happening to the market lately, where the smallest bit of bad news seems to send the markets tumbling, it doesn’t give you the warm and fuzzy feeling of confidence. And yet, according [...]
We all knew it was coming, and today it finally came. The Dow Jones Industrials has been up and down, riding an interesting roller coaster over the past couple of weeks that saw it drop below 10,000 a couple of times, only to rally back above the mark by the close of the day. Last [...]
What a wild ride on Wall Street this past week. With worries about many countries in the European Union, the fall of the price of oil, and of course the massive oil spill that seems to be taking a life of its own, numbers were dropping for much of the week, even falling below that [...]