Not sure I would ever start doing this with my own money, but just came across a post at Lifehacker about kaChing, which lets you do the exact same trades as professional investors. Looks like it is an investment website that you can join, which used to just let you follow the trades of different [...]
The other day I alluded to the fact that while my individual stock-trading days are over, I still do own quite a lot of shares in companies that need to be kept somewhere. I mentioned this in that post because a reader emailed me the other day asking where my brokerage account was, because I [...]
Those of you who have read this site for a while have probably realized that I am mostly a “set it and forget it” type of investor. While I have a regular brokerage account at Scottrade (more about this in an upcoming post), I no longer buy individual stocks – I am an all-mutual [...]
My Two Dollars reader Bud sent in the following question to the M-Network’s new feature “Ask The M-Network“:
“I just turned 57 today. I retired from a company 2 years ago. I took a lump sum and gave it to Fidelity in a managed account. Needless to say I am down 30+%. My question is or [...]
Social lending is the process of enabling people to lend directly to and borrow directly from other people without using a bank. It really is a genius idea and one I wish I had thought of! Lending Club was one of the first to get in this game, and after a quick filing [...]
A recent article at Kiplinger.com laid out three simple steps to get started with investing, and I figured I would mention them here with my thoughts on each for anyone thinking of jumping into this strange market we have right now. Granted, it might not be the best time to begin investing, but at [...]
You know what always does well in down times? Vice. Since things are looking like they are only going to get worse for the foreseeable future, now might be the time to start buying stock in casinos, cigarette makers and distilleries, no?
When it comes to investing there is no proof that being a [...]
So if you have not noticed, the price of just about everything is going up…while our salaries are staying the same. Some say recession, some say depression, some say all is fine. But no matter what the reason, times are getting tougher. Hospital costs are up 8%, gasoline 33%, overall prices on everything [...]
Photo by thelastminute
When I graduated college in 1994, I did not know anything about investing. Nothing. I have written before about how I spent money like it was going out of style back in those days, and one of the things that I did with my money was chase stocks. Remember [...]
OK not closing exactly, but it sounded cool – several international markets have suspended trading due to dropping indexes:
India’s benchmark Sensex crashed by 11.53 per cent on Tuesday morning which resulted in the Indian stock market being closed for an hour, a news report said. The 30-share Sensex tumbled by 2,029 points to [...]
And how do you see it? Will you buy a lot and hold on? Will it be a fire sale? Or will you start drinking early?
From CNN:
Stocks fell sharply worldwide Monday following declines on Wall Street last week amid investor pessimism over the U.S. government’s stimulus plan to prevent a recession…ritain’s benchmark [...]
Photo by Mike Licht
I’m sure that if you do any kind of investing at all you have heard about target-date retirement funds, where the stock and bond allocation inside the fund changes as you near your retirement date. All you have to do is pick a year (for me, it is supposedly 2040) and the [...]
What is your opinion? Do you think people who invest in gold or silver and other precious metals are smarter than the rest of us who invest in pieces of paper, or are they “survivalists, conspiracy theorists and flakes” as the LA Times says? They even talked to the head of financial planning [...]
In the face of losing $38,000 in the stock market, a man in Hong Kong lept off a railroad bridge – and lived. Whether you believe that you should invest more, take some time out, buy gold, or whatever your belief is in this down market, trying to commit suicide because of lost money [...]
