Market
Sharebuilder Brokerage - $50 Bonus and Two Free Trades
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 [...]
I’m a Prophet - Fed Slashes Rate to 1%
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 [...]
Fed Cuts Rate - Dollar Savings Direct Savings Rate Goes UP?
(Rates may be out-dated. Please see the Current APY Wiki for updates)
Can you believe it? This morning the Fed issued an emergency rate cut down to 1.5% (from 2%). While this is not unexpected - Wall Street has been crying and blubbering about a rate cut for a while now - the reaction of Dollar [...]
Dear Economy - I’m Helping!
Dear Economy,
I am sorry to hear that you have not been feeling well lately. However, I have some news that might cheer you up! Last night, my wife and I did something that we haven’t done in a long time. No, not that, you pervert. Ahem… we drove our car. Furthermore, we bought gas.
I [...]
Checking Your Long-Term Investments Every Day - A Horrifically-Bad Habit
A wise friend once told me when I first decided to buy mutual funds:
Just stick money in the fund(s) and FORGET ABOUT IT. Resist the urge to log in and check it every day. You’ll only give yourself ulcers!
I think it’s terrific… fantastic… nay, stupendous advice! There is just one problem:
I have not been following [...]
Helicopter BEN Strikes Again!
Once again, the Fed slashed interest rates - now down to 3%. Ouch.
This is BAD news for savers. Watch for interest rates to continue their plummet. I predict that ING will be one of the first to slash rates (as usual).
Where/When will it stop? Let’s take a look at past rates. Here is a link [...]
Poll: Is E-Trade Toast?
If only I traded individual stocks - yesterday I would have bought shares in E-Trade! Their stock sank about 60% upon worries that they might actually go bankrupt. E-Trade’s President also posted this message:
This is a challenging time for the financial services industry. Bad news in the credit, housing, and stock markets continues to dominate [...]
