7 Apr, 2008
Unless you live in Texas, chances are you’ve never heard of Luby’s Inc (LUB). This company has 128 restaurants, most of them in Texas, but some in four nearby states. They provide customers with cafeteria-style dining that is very popular among many ages and ethnicities, not the least of which is the baby boomer generation. This generation is retiring en masse as we speak. They are only going to have more time on their hands and more cravings for yummy cafeteria food. Luby’s menu is comprised mostly of home-style food: Salisbury steak, chicken fried chicken, liver and onions… you get the picture. Read the rest of this entry »
6 Feb, 2008
There are a lot of pundits out there that offer investing tips for a fee. While some of these investing services may be well worth the money, others are scams are certainly close to a scam.
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19 Jan, 2008
The market just had its worst week in over 5 years. So far in 2008, the market is down about 10%, and January isn’t even over yet! This has truly been a brutal year in the market. Panic is in the air, and people are unloading their stocks due to fear that it will get any worse.
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8 Jan, 2008
A basic issue most beginning investors and traders don’t understand is how to deal with the bid/ask spread. Quite simply, the “bid” price is the amount someone is willing to pay for a stock. The “ask” is how much someone wants if they will sell the stock.
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