17 Jun, 2008
Over the past year, oil (the commodity) has rocketed upwards. In 2008 alone, USO (an ETF that track’s oil’s price) is up 44%. Over the past 52 weeks, this ETF is up around 12%. Oil’s price increase, and the associated increase gas costs, are all over the networks and on television. It seems you can’t watch a half hour news show without someone whining about the rising gas costs.
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25 Apr, 2008
I had a nice little run with Apple stock in the past couple of months (ticker symbol
AAPL). In the midst of a
Wall Street panic, I was able to pick up shares in the $130-$135 range.
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20 Apr, 2008
“A recession is possible!” Ben Benrnanke, Federal Reserve Chairman, said this in the first week of April 2008. Now, how does that affect the US Stock Market? The markets are definitely going to plunge southwards. Will this recession will be a shallow one? With the current issues, it looks like a deeper than usual fall in the near future. But, we don’t want to speculate how long the recession will last this time. We want to be on our toes to look for a rebound.
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14 Apr, 2008
* Don’t invest without a plan! First and foremost, every investor must have investment plan and goals set firmly.
* Don’t hold on to stocks that are making losses. People do this in the hope that there will be a turn around in the price and then they can exit at the buying price.
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