Bank of America Continues to Stand Strong [View article]
I hope you're right about BAC. Although I've research Bank of America extensively also, the thing that worries me is the hidden toxicity of Merrill. ML has and will continue to be a tough company to swallow for B of A.
A Viewer's Guide to Bank Nationalization [View article]
You're right there is no panacea, this is a pretty sticky situation. All I can say is nationalization better not include government control of operations. That would ensure long-term failure. We really can't let these mega-banks fall; they are counterparties and custodians for way to many people and businesses.
Take a look at Japan's Nikkei index since 1989. They still have not come close to recovering those highs. We need to do everything we can to avoid this scenario!
It's interesting what's happening to the dollar though; check out what mywealth.com's Sean Hyman predicts for the US dollar in 2009 at www.investorpitstop.co...
15 Companies That Might Not Survive 2009 [View article]
Sirius-XM merger was the biggest waste of time, effort, and money. You can't stick two fledgling companies together and expect them to perform well. Unless a buyer comes in Sirius XM might be in huge trouble.
Some of the smartest, most successful investors have already started to buy up water springs and other water assets.
We cannot let water go to exchanges, it is too vital a commodity. You can't let something (which has no subsitute) that we need to live lend itself to speculators. It could be catastrophic.
Stick with other opportunities like the funds unless you have the capital to buy a spring or two.
The Detour Around Banking Disaster: How We Lost the Roadmap [View article]
I agree with the others; please email this article to your Congressmen. Yes, you can email some of them now.
If we take away the toxic assets from the banks, what would we have to fear anymore. Maybe slow growth in the economy for a little while, but we are letting these assets rot inside the banks and it is tearing at our country.
I'd much rather be able to have a job than get $800 bucks in the mail one time this year. A stimulus will do absolutely nothing for us.
You would think with the billions that Steve Schwarzman is sitting on, he wouldn't be skimping out on a few subscriptions costs.
On one hand though, he tends to be a very honest and law-abiding man. He holds his firm to the highest standards of integrity, and I'm sure that it was either a mistake or misunderstanding.
I think we are ready for a short-term trend upwards based on optimism. However, remember that bear market rallies are just that. They tend to turn around sharply and head back down.
We will be in a trading range until something very significant occurs.
If you think Mutual Funds are a good choice right now, I have reviewed the 7 Best Mutual Funds to Buy in 2009 on my site. Check it out if you like.
I just use technical analysis to finish the picture. I believe it's hard to be on one side and ignore the other. Both technical and fundamental analysis paint the whole picture.
The market right now is almost completely technical. People are in a state of panic, and traders are ruling the floor.
Geithner paid his back-taxes and stated that his tax issues were unintentional. The only problem is that his position heads up the IRS. Maybe our tax code is too damn complicated, you think?
Do you think this problem should keep him from getting the position?
An economic bottom may be different than a stock market bottom because the stock market prices in and discounts the future. Our Dow 7400 number could be the low for this recession. It could go lower, but remember the economy moves at a different pace than the financial market prices do.
More Thoughts on 'The End of the Financial World as We Know It' [View article]
Great article about the essay.
TO: Good News Economist- However, you can't be completely passive with your investing even if you take more of a passive strategy. You should still do your homework...
Whether it's finding the best financial advisor, finding the best stocks for a long-term horizon, or doing due diligence on an alternative investment fund, you need to be somewhat active in your investments. If you're not you could get scammed like Madoff investors did.
At my site, I am trying to educate investors about being the smartest they can about investing and finding golden opportunities in the market.
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Latest | Highest ratedWhat's Good for Citi - And What's Good for America [View article]
What's Good for America is investing in stocks that actually work. Check out the front page story of this site www.investorpitstop.co...
Bank of America Continues to Stand Strong [View article]
A Viewer's Guide to Bank Nationalization [View article]
Take a look at Japan's Nikkei index since 1989. They still have not come close to recovering those highs. We need to do everything we can to avoid this scenario!
It's interesting what's happening to the dollar though; check out what mywealth.com's Sean Hyman predicts for the US dollar in 2009 at www.investorpitstop.co...
15 Companies That Might Not Survive 2009 [View article]
Good article,
Smarter Investing-
www.InvestorPitStop.co...
Water: The New Oil [View article]
We cannot let water go to exchanges, it is too vital a commodity. You can't let something (which has no subsitute) that we need to live lend itself to speculators. It could be catastrophic.
Stick with other opportunities like the funds unless you have the capital to buy a spring or two.
The Detour Around Banking Disaster: How We Lost the Roadmap [View article]
If we take away the toxic assets from the banks, what would we have to fear anymore. Maybe slow growth in the economy for a little while, but we are letting these assets rot inside the banks and it is tearing at our country.
I'd much rather be able to have a job than get $800 bucks in the mail one time this year. A stimulus will do absolutely nothing for us.
FT.com vs. Blackstone [View article]
On one hand though, he tends to be a very honest and law-abiding man. He holds his firm to the highest standards of integrity, and I'm sure that it was either a mistake or misunderstanding.
FOMC Statement, Redacted Version [View article]
We will be in a trading range until something very significant occurs.
If you think Mutual Funds are a good choice right now, I have reviewed the 7 Best Mutual Funds to Buy in 2009 on my site. Check it out if you like.
*I like the recent optimism*
Evidence That Big Inflation Is Coming [View article]
If you have an opinion, tell me about it at www.InvestorPitStop.co...
The Heretics of Finance [View article]
The market right now is almost completely technical. People are in a state of panic, and traders are ruling the floor.
Top Stocks to Buy in 2009 [View article]
I wrote a post on my site called "This Stock Will Make Your Portfolio Healthy" and it's published on SeekingAlpha as "eHealth: Road to Recovery".
Geithner's Baptism of Fire [View article]
Do you think this problem should keep him from getting the position?
Where Are We on the Roadmap? [View article]
An economic bottom may be different than a stock market bottom because the stock market prices in and discounts the future. Our Dow 7400 number could be the low for this recession. It could go lower, but remember the economy moves at a different pace than the financial market prices do.
Marc Faber on the Economy, Gold, WWIII [View article]
More Thoughts on 'The End of the Financial World as We Know It' [View article]
TO: Good News Economist- However, you can't be completely passive with your investing even if you take more of a passive strategy. You should still do your homework...
Whether it's finding the best financial advisor, finding the best stocks for a long-term horizon, or doing due diligence on an alternative investment fund, you need to be somewhat active in your investments. If you're not you could get scammed like Madoff investors did.
At my site, I am trying to educate investors about being the smartest they can about investing and finding golden opportunities in the market.