Happy Memorial Day. Today we solute our men and women in uniform. Our country would not be what it is without you. And of course I hope you are having a good day off work and off staring at the market changes to your 10 stocks. Last Thursday and Friday saw a selloff of tech… Read More »
So let’s take a look at what was happening in business news this week: JC Penney kicks off liquidation sales at 136 stores this week – CNBC Norwegian stock plunges after cruises put on hold through September – Market Watch Extra $600 in weekly unemployment benefits runs out next month. Here’s how to prepare –… Read More »
Warren Buffett is #4 on Forbes Richest People In The World (CBS News). Period. End of Story. He is worth $67.5 billion all by himself, separate from his conglomerate Berkshire Hathaway. Much of what we talk about here has to do with what Warren Buffett and others have been able to do consistently over decades.… Read More »
Let’s start with a little financial market review this week: Tesla Shares Surpass $1,000 On Semi Truck Production Memo – Tech Crunch Restaurants Parse Extensive And Conflicting Guidance As They Reopen – WSJ $410 Million Mega Millions Winning Ticket Sold In Arizona – USA Today Jim Cramer: The lesson from Wall Street’s biggest sell-off since… Read More »
Here is a post I wrote on Facebook on March 23: If you didn’t sell stock after the market started to go down, you didn’t lose money. If you sell now, you’ve lost a lot. It is nearly impossible to time the market, so don’t. About the only thing you can do now is to… Read More »
In this age of Covid-19, you would think the market would be going down down down but the market is going up up up. Why? If you are asking yourself this question, which I also did, you should definitely be holding some cash. Cash as in cash you can invest when the market does go… Read More »