Playing with numbers offers lots of fun. Especially for those, who know how to bend numbers. It is a fact that in 1995 Bill Berger, a well known business writer, predicted that Dow Jones Industrial Average – a stock market…
Playing with numbers offers lots of fun. Especially for those, who know how to bend numbers. It is a fact that in 1995 Bill Berger, a well known business writer, predicted that Dow Jones Industrial Average – a stock market…
I bet you a dollar, people don’t know who manages their money when they buy a mutual fund. With the exception of the index funds, the fund manager is the one, who makes the decisions and to large extend –…
The stock market is relentlessly marching to higher and higher grounds. In only 4 years following the financial crises the broader stock market measured by S&P 500 has more than doubled. From a low of 676 on March 9, 2009…
There is a great deal of enthusiasm in the air. Markets are going up. Not just one day, but many days in a row. News is kind of good – unemployment is dropping, inflation is low, interest rates are dead,…
Vasko DeLev: Wane, you started your career in the military and the rumors have it that you have actually being shot and injured. How did it happen? Wane MacDow: Yes, I did start my career in the military but being…
Putting the banks on a lower shelf The higher the better, so when a bank makes a step down to a lower level, it is considered as negative event. In finance language they call it “downgrade”. Stocks are downgraded from…
Apple fans are quiet these days. The stock price has been going down since May 2012 marking a full 12% plunge in a single day yesterday. Since the introduction of the iPhone 3 (2009) the smartphone market has been quickly…
When it comes to money nothing should be left to chance. Prudence, planning and analytical thinking should be used to make decisions that not only preserve your capital, but also grow it. Gamblers are called losers, speculators are called irresponsible…
The beginning of a new year is not only a significant date on your calendar, but also a time to reset your investment goals. Add your gains, subtract your losses and if you are in the black, congratulate yourself, because…
A good part of some predictions is the fact that they never materialize. Like the one calling for the end of the world on Dec 21, 2012. To celebrate the occasion our family watched the movie “2012” yesterday: the day…