Dirty Clothes are Big Business

Written by on May 16, 2007 in Absolute Must Reads, Investing with 0 Comments
Dirty Clothes are Big Business

Long regarded as the world’s growth engine the U.S. economy is currently experiencing a rough patch. This was highlighted by first quarter GDP of 1.3% down from an annualized rate of 2.5% in fourth quarter 2006.  Anticipating the slow down, Wall Street analysts lowered first quarter S&P 500 earnings from 8.7% in January to 3.3% [...]

Continue Reading

Good Gift for a Mom: Financial Literacy

Written by on May 13, 2007 in Women and Money with 0 Comments

I see articles like this all of the time and just chuckle.  It may sound good, but people most often do what feels right.  So, in this case your mother or wife gets the flowers and the financial literacy is postponed for a date to be determined. Source: The Buffalo News Flowers are nice and chocolates [...]

Continue Reading

Week in Review 5/11 – Mining Stocks Exploding

Written by on May 13, 2007 in Portfolio Update with 0 Comments
Week in Review 5/11 – Mining Stocks Exploding

On Wednesday, the market liked the Feds decision to hold interest rates at 5.25% and closed higher.  After thinking about it overnight, the market decided that it wasn’t pleased with the Fed’s statement.  Since the Fed didn’t provide any indications that it was closer to lowering rates – the market sold off on Thursday.  By Friday, all [...]

Continue Reading

Real Money Portfolio – Update 5/12

Written by on May 12, 2007 in Portfolio Update with 0 Comments
Real Money Portfolio – Update 5/12

This thread tracks real trades in one of my portfolios. Refer to backgrounder for more info. In last week’s update I said the following, I think this is the third time this year the portfolio has been fully allocated.  In the previous occasions, the week after moving to 100% were disasters.  Let’s hope this time is [...]

Continue Reading

Mining Merger Mania: Say It Three Times Fast

Written by on May 9, 2007 in Absolute Must Reads, Investing with 4 Comments
Mining Merger Mania: Say It Three Times Fast

I was shocked last week when I read a report from Merrill Lynch stating that BHP Billiton could possibly be a target of a private equity bid.  BHP Billiton is the largest mining company in the world.  I have always envisioned it as the acquirer not the acquiree.  However, with so much money at stake [...]

Continue Reading

Week in Review 5/4 – Focus Shifts to S&P 500

Written by on May 6, 2007 in Portfolio Update with 0 Comments
Week in Review 5/4 – Focus Shifts to S&P 500

DOW 13,000 is old news now – the bubbleheads have shifted their focus to the S&P 500.   I am always amazed at how much attention 30 stocks can garnish.  The S&P 500 is a much better representation of the stock market.  The new bogey is 1527.35 on the S&P 500 on a closing basis.  That [...]

Continue Reading

Real Money Portfolio – Update 5/5

Written by on May 5, 2007 in Portfolio Update with 0 Comments
Real Money Portfolio – Update 5/5

This thread tracks real trades in one of my portfolios. Refer to backgrounder for more info. The great thing about stocks that usual find their way into my portfolios – is that when the move they move.  Unfortunately it cuts both ways, but this time it’s in the direction we like.  For the week, the [...]

Continue Reading

The Dollar Cost Averaging Experiment Results thru April 30 – The DOW Shines?

Written by on May 5, 2007 in Portfolio Update with 0 Comments

Recall the objective of this experiment is to produce double digit returns by dollar cost averaging into either financial assets or hard assets based on where we are in the cycle.  I contend that we are in the hard asset phase.  Read “The No-Brainer Investment Strategy to Double Digit Returns” for more details. There is no [...]

Continue Reading

Top