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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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 »
22 Jan, 2008
After checking the futures over the weekend, I knew the market was going to drop a lot at the open. Like most people, I was happily surprised that the Fed decided to cut interest rates by .75%, which likely averted a market catastrophe.
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