Do you read personal finance blogs? These are usually people who write, anonymously most of the time, about their finance goals and how they are earning, spending and saving their money. Some of these blogs can be quite entertaining as well as educational.
Here are a few that I read from time to time (in no […]

• 3 Comments

I wrote about watching these stocks previously and looks like they have made some gains since then. FCX is now into the low $90’s and MW closed at $26.22 on Friday (nice since I got in on MW at around $20). I think that MW has a solid management and will continue to do well. […]

• 0 Comments

The P/E for Freeport McMoran (NYSE:FCX) is now just 8.43 after today’s announcement of their 4th quarter results. The stock closed at $77.30 which is 5.2% down.
“Before the opening bell, the company posted profit of $1.05 per share on revenue of $4.18 billion, excluding one-time charges, compared to profit of $1.99 per share on revenue […]

• 0 Comments

Thanks for Mr. Bernanke and the Feds, the US stock markets survived just a minor drop today after slipping almost 5% at the open. At the close, the Dow only lost 1.06%, the NASDAQ lost 2.04% and the S&P 500 lost 1.11%.
Some may panic and start selling but this is a good time to shop […]

• 1 Comment

We shall have to keep a close eye on tomorrow’s stock market open. The reports are that stock markets around the world fell sharply today. The US market is off due to Martin Luther King Jr. day.
From Dow Jones:
“March contracts on the Dow Jones Industrial Average traded 353 points lower to 11,753.
The […]

• 0 Comments

It’s no secret that I’m a huge fan of Warren Buffett, so any of my picks would surely include some books about Buffett on investing.
I like to read and learn how to be a better investor and manage my money better. It’s also equally important to put what you learn into practice. All the reading […]

• 0 Comments

A penny stock is a low-priced, speculative security of a very small company which usually trades outside of the major exchanges like the NYSE, NASDAQ or AMEX in the US. The penny stocks are sometimes referred to as microcap due to the fact that their market capitalization is very small. The stock price is usually […]

• 0 Comments

That’s what the stock market appears to be doing lately - plunging. Taking a dive. Take a look at this chart comparing the Dow Jones index (blue line) with the NASDAQ (green line) and the S&P 500 (red line).

The indices are at levels where they were around March of 2007. While some investors may panic […]

• 0 Comments

Let’s take a look at the recent reported increase in Berkshire Hathaway’s position in Burlington Northern Santa Fe (NYSE:BNI). The Bershire stake in the company is now 17.6% after the acquisition of another 751,400 shares for a total of 61.6 million shares.
Here’s a chart of BNI starting from about 1980. As you can see, […]

• 0 Comments

I’ve been going to the library to borrow more books on Warren Buffett. Here are a few of the titles I’ve read so far. I recommend reading them in this order:
The Warren Buffett Way, Second Edition
This is a biographical look at Warren Buffett’s career and is also a very good book if you’re just starting […]

• 2 Comments