By Andrew
In a recent post I reviewed a number of different online brokers while making a decision on which to open an account with. I came to the conclusion that I was going to open an account with Bank of America in order to keep all of my money in one central location and to take advantage of […]
Entries from December 2007
Upon Further Review: Online Brokers Part II
December 22nd, 2007 · No Comments
Tags: Personal Finance
Republican Candidate Ron Paul on Mad Money
December 16th, 2007 · No Comments
Here’s something worth a look at in light of Andrew’s recent post concering the Fed’s move to lower interest rates. Ron Paul and Jim Kramer discussing Paul’s views on monetary policy. Their major focus centers on the Fed’s potential responsibility for the market and housing bubbles in recent years and the lack of checks and […]
Tags: Market Commentary
Making Amateur Moves Like A Real Pro: A Top Five List
December 16th, 2007 · 2 Comments
By Justin
Here are some common amateur investing mistakes in the form of a top five list. Some of these I have first hand experience making, others are taken from educational sources. In reverse order so I can build up some drama for #1, they are:
#5 Lack of mentors / Co-pilots
Early on I went out and […]
Tags: Market Commentary
Federal Reserve Cuts Funds Rate by 1/4 Percentage Point
December 11th, 2007 · No Comments
By Andrew
The US Federal Reserve voted today to cut its funds rate by 1/4 percentage point to 4.25%. The cut, the third this year, disappointed Wall Street which sent the markets tumbling. The Dow fell nearly 300 points or 2.14% to 13,433, the NASDAQ fell 2.45% and the S&P 500 2.53%. The Fed also cut […]
Tags: Market Commentary
Choosing an Online Broker
December 9th, 2007 · 1 Comment
By Andrew
So as you may know I recently relocated from Canada to the US for a new job. In the process I was advised to liquidate my equity positions in my Canadian bank account for tax purposes (don’t want the Canadian tax man trying to get a piece of my US income). Now that I’m settled in the […]
Tags: Personal Finance
Jimmy V Week on ESPN - “Don’t give up, don’t ever give up”
December 3rd, 2007 · No Comments
By Andrew
This past week was the inaugural Jimmy V week on ESPN. For those who don’t know him Jimmy V is Jim Valvano. He played NCAA basketball at Rutgers University and went on to coach at Johns Hopkins, Bucknell, Iona, and N.C. State where he won the ACC Tournament and the NCAA National Championship in […]
Tags: General
Vendor Take-Back Mortgage on my Investment Property
December 1st, 2007 · 2 Comments
By Justin
I have recently put my rental property up for sale, which I have held for a few months now. In the process of potential buyers walking through and seeing the place, the feedback has varied wildy. I have heard “the place is in below average condition”, and then 2 weeks later heard it was […]
Tags: Real Estate