My Blog, Your Money

Here’s a New York Times article by Warren Buffett where he explains why he is loading up on American stocks: Buy American.  I Am.  I admit this article is a bit old, but it is still very relevant as is much of the wisdom he espouses

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With a European rally and good news coming from the US Treasury, today was another interesting day on Wall Street with some terming it Manic Monday (not to be confused with the delightful Bangles ditty).  Indeed, a lot of records were set, but this time, they were the good kind.
After the worst week in […]

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Keeping up with the trend of the past month or so, it was another terrible week for the market (stock not grocery of course).
Here’s a few highlights or rather lowlights of this past week:
·        With a loss of 1,871 points (-18.13%), it was by far the worst week of the year for the Dow Jones […]

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What a week!  Here’s a recap:
Monday
-         In the early hours of the morning, highly regarded investment bank Lehman Brothers announced it would file for Chapter 11 Bankruptcy, by far the largest in history.
-         Merrill Lynch is bought by Bank of America for $50 billion creating an industry titan rivaling Citigroup.
-         The Dow Jones Industrial Index […]

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There’s not much time left, but TradeKing is offering a bonus to refer your friends in honor National Friendship Day, $50 for you and $50 for your friend.  The conditions are that your friend must deposit $1,000 and make one trade.  Sounds easy enough and $50 is pretty good considering the relatively low minimum.  I […]

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If you’re offered an Employee Stock Purchase Plan (ESPP) at work, I highly suggest you max out your contribution.  Why, you may ask?  Here’s my 3 reasons:
1. Guaranteed profit – If you sell your shares as soon as you can, the discount (usually 15%) is virtually locked in so it’s almost guaranteed profit.
2. Return > […]

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