The Real Story On Consumer Credit
Last week Bloomberg published a story with the headline “Consumer Credit in U.S. Increases by Most in 10 Years.”
But are banks really lending again? Not really.
Archive for: Personal Finance
5 Things Your Commencement Speaker Won’t Tell You
Inspired by Monday’s article in the Wall Street Journal entitled “10 Things Your Commencement Speaker Won’t Tell You” I have five tips of my own to add.
Is Your Broker a Psychopath?
Only 1% of the general population is psychopathic. That sounds low to me. Some 10% on Wall Street are psychopathic. I know that is ten times more than the general population but (in all seriousness) it still sounds incredibly low.
How to Use Fear and Greed in Investing
Figuring out when to sell a stock is never easy. Some investing experts tell you to keep your emotions out of it. But that could be disastrous.
One of the greatest investors of all time, Jesse Livermore, relied on his emotions to tell him when to get out of a trade. Jesse started trading when he was 14. And he was best known for shorting stocks and making close to $100 million during the 1929 Wall Street crash.
Now’s the Time to Take Risk Out of Your Portfolio
Maybe Iran won’t trigger World War 3. And there’s a chance that Greece won’t default. And, who knows, maybe this is the year that devastating floods won’t hit countries in Asia or the subcontinent. But the fact remains that we insure ourselves against “maybes” all the time…
The Five Books Every Investor Should Read
When I first began learning how to invest, finding information on the topic wasn’t easy. You don’t learn it in high school or most colleges, and if you work at a brokerage firm, you’ll only learn how to get someone’s money, not to invest.
Why Google Has No Respect For Your Privacy
Google is about to stick its big nose into my business and I don’t like it. Its new “privacy policy” (more like an anti-privacy policy!) takes effect on March 1st and allows Google, among other things, to probe the content of my email, according to IT professionals.
Are Share Prices Bottoming?
“I hate share buybacks. With a passion.” Andrew Lapthorne (global head of quantitative strategy at Societe Generale) “Having that equity base shrink and starting from a relatively pessimistic point usually sets up pretty well in the long term. It gives you some hope that valuations have perhaps bottomed.
