If you have been considering opening a Sharebuilder account, now looks like a pretty good time to do so. At present, you can earn a $50 account opening bonus by using the promotional code 50DOLLARS. Sharebuilder often runs offers like this, but the icing on the cake is that you can get 10 free trades [...]
Yesterday, my wife and I went to the movies. Sounds like a typical Saturday, right? Wrong. Whereas I’m a pretty big frequenter of venues such as art galleries, theatrical productions, concert music, and even independent movie theatres, I very rarely go to the mainstream cinema. VERY rarely. In fact, the last movie I watched in a [...]
I just ran across this fascinating video. Created by Jonathan Jarvis, the video breaks down the credit/mortgage crisis in under twelve minutes. Sure, there’s some simplification involved, but it all ultimately boils down to one disgusting word anyway – GREED.
Take a coffee break and watch this. It’s worth it.
The Crisis of Credit Visualized from Jonathan Jarvis [...]
A New Year is upon us. At the end of a year, I normally have feelings of pensiveness and of reflective nostalgia about the year past and the inexhaustible marching forward of time.
This time, not so much. Sure, I still have those nostalgic feelings on a personal level, but economically, I’m ready to kick 2008 to [...]
As expected, the Fed cut its key lending rate to almost 0% today. Apparently, it’s in a variable range between 0% and 0.25%. Wow.
I suppose the only good news here is that the Fed really has no more room to slash rates. All it can really do now is pump billions/trillions of dollars into the money [...]
A few days ago I received an offer in the mail from Sharebuilder. I was about to throw it away when I noticed:
GET STARTED WITH A $50 BONUS!
Oh, tell me more!
I’ve stayed away from purchasing any individual stocks or ETFs… until now. This Sharebuilder offer finally convinced me to dive in. The offer code is INVEST50, [...]
Back on 30 January 2008, I made a prediction. In response to the Fed cutting the rate down to 3%, I wrote:
Where will it stop? Allow me to make a (hopefully erroneous) prediction – interest rates will hit 1.0% by Summer 2009.
See for yourself.
Alas, I regret to say that my prediction has come true, albeit about [...]
Recent Comments