Month: March 2009
Below are all the posts archived for the month.
Selling Puts is NOT Free Money
in Articles
Selling Puts and collecting premiums is being touted as collecting free money at quite a few places online. I first came across this concept when the Canadian Capitalist wrote about it — showing how wrong it is. It took me quite some time to understand why some people think that this is free money because
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Who Will You Take Your Financial Advice From?
in Opinion
SVB recently wrote about how some people have benefited from Cramer’s show over the years and long time viewers are likely to stick to his defense, even as casual followers tune out — given the recent mistakes he made. The question is — if a financial advisor failed seeing this coming; would you still take
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OneMint – Economy and Your Finances – March 29, 2009
in Articles
Welcome to the March 29, 2009 edition of this carnival. As usual, there are a whole host of interesting entries and I want to thank everyone for their contribution. Before you move on to the great articles here, I want to share a video that set me rolling with laughter. On to the articles now:
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Interesting Reads: March 27th 2009
in Opinion
One of the most amusing things I saw this week was this ode to Paul Krugman. Never in my dreams could I have thought an Economist (even if he won the Nobel) will ever have such a fan following. I am fairly sure there is an inverse relationship between the health of the global economy
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Silver ETF: iShares Silver Trust (SLV)
in ETF
iShares Silver Trust (SLV) is the world’s larget silver ETF backed by physical stock of silver bullion. It trades on the NYSE Arca and is a good option for investors looking to invest in silver by means of an ETF. The sponsor of iShares Silver Trust (SLV) is Barclays Bank. Backed by Physical Silver Bullion
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Investing Mistakes
in Opinion
When I bought my first stock, I created a spreadsheet. It had optimistic and pessimistic scenarios. The worst case scenario was the stock goes down 50%. I don’t remember the best case scenario. When I keyed in that scenario, I chuckled to myself and thought that it would never happen. It happened in about two
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What is the Uptick Rule?
in Articles
The Uptick Rule states that you can only short – sell a stock, if it trades higher than its previous transaction price. So if AIG traded at $4 and then at $3.95, you can’t short – sell it. You can only short sell it, if it trades higher than $4. In short, you can short
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First Round of TALF Lending
in Articles
I wrote about TALF a week ago. TALF was supposed to kick start lending and get the credit market going again. TALF covers the following four categories of loans: Student Loans Small Business Loans Car Loans Credit Card Debt The first round of TALF loan requests is over and the NY Fed has posted the
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Geithners Public Private Partnership Plan Details
in Opinion
Mr. Geithner’s plan to remove bad assets from bank’s balance sheet is finally out and is a roaring success with the market, which rallied about 7% today. The plan is divided into two parts; the first part deals with the problems of “Legacy Loans” (formerly known as toxic assets). The second part is an expansion
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The Worst Lesson Learnt From the Recession
in Opinion
If anything, a down-turn is a great teacher. People start to pay attention and take notice of the mistakes they made. This has been true for me and hopefully I will not make the mistakes that I made this time, ever in my lifetime again. A lot of people share the same sentiment as me
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