Archive for the ‘Investing’ Category
Tuesday, March 11th, 2008
Tuesday saw the fourth largest single-day point gain in the Dow Jones Industrial Average -- 416.66 points, or 3.55%. Great news, right?When it's due to the Federal Reserve lending banks $200 billion (two followed by eleven zeroes) to restore some liquidity in the financial system, I just shake my ...
Posted in Banking, Investing | 8 Comments »
Friday, February 22nd, 2008
I'm coming to realize that it's probably better to keep my mouth shut about my investments. I've stopped talking so much about what I've invested in, except with a few like-minded friends and relatives (and my wife).Consider this example: Suppose I think that there's a big move coming up in, ...
Posted in Investing | 2 Comments »
Thursday, February 21st, 2008
Every area of specialization has its own vocabulary and its own subtleties in word choice. Here are seven pairs of money terms that seem interchangeable at first glance, but are actually slightly different:
APR vs. APY. These abbreviations are familiar ones from banks and credit card issuers. Annual ...
Posted in Banking, Investing, Making Money | 30 Comments »
Sunday, January 20th, 2008
(If I get one. The chickens aren't hatched yet.) That's what I did with the $300 check I received in 2001. It wasn't burning a hole in my pocket at the time.The $100 billion (give or take a few billion) injection of liquidity -- also known as a "stimulus package" ...
Posted in Investing, Making Money | 16 Comments »
