A few months ago, I had a discussion with John Dvorak (TDI Podcast Episode #41) that focused on the pending economic stimulus plan and how I felt that it was not going to do much. I asserted that, one rudimentary principle in life is that consumers (that means us) will...
Last week saw a good deal of action in the markets. The bad news is that even as we were excited to enter the long weekend and the Hamptons are starting to see more life and less clothes (so I am told). The bad news is starting to sink-in and...
I am still the guest host for Money Girl and this episode teaches about preferred stocks.
Episode Text:
…Back in episode 26 of Money Girl there was a little shortcut discussed which is used in finance known as the “Rule of 72”. It states that dividing 72 into the interest rate you...
OK, I have a question… (seriously) The idea that home prices are now at “rock-bottom” prices has been floating around lately. How is the NAHB coming up with their conclusions? In particular, do they include the sales price of short-sales? How about foreclosures?
If so, then is the average price really...
It seems that the pot is finally starting to simmer and there is an awakening to the problem that seems so obvious. The WSJ did a good job at looking at both sides of the argument by seems to lean towards the reality of an economy that is standing up...
