Since I have dealt with Ford in the past, it seem appropriate to deal with GM too.
I am amazed that so many folks are just itching to invest their hard earned dollars into Ford and/or GM. Many of you sincerely believe that there is no way that the government will allow them to fail. Well, [...]
I’m watching some family members of mine lay the groundwork for some significant long-term wealth creation through the purchase of distressed properties here in Michigan.
I took a tour with my Uncle over the holiday of several of the properties he had purchased, and several that he was considering for purchase. My uncle is taking advantage [...]
Short post to mention that I’m also looking into Currency Trading and wondering if there are any opportunities in the current environment to take advantage of the US governments massive printing of US Dollars. I’ll keep you posted!
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I clearly remember 3 years ago my Uncle Randy telling me that he was seriously stockpiling Silver.
The commodity was selling at about $5.00 per troy ounce and he was sure it would go to $20 or higher.
If I remember correctly, he felt that there was a worldwide shortage in silver, and that the stock market [...]
My brother signed up last week for an investment account at Zecco.com.
Zecco offers up to 10 COMMISSION FREE trades per month.
He found the system to be user friendly for the most part. The trading screen was easy to use and the execution was fast and within a penny of the Free Real Time Quotes.
Overall he [...]
I’m being asked the following question quite frequently lately,
“So how much Ford stock have you been buying?”
My gut reaction is to say, “Ford Stock, are you crazy? That investment is toxic!”
But I’m a Michigan guy, and I’m a Ford guy, (I just bought a Ford last Friday…a Focus…39 MPG, sticker price of $17,000, but a [...]
I’ve been going crazy latly spending what little resources that I have on buying the common stock of great companies the I believe have serious long term potential. I must admit that I’ve also made a short term trade or two…it’s hard not to take advantage of this type of volatility!
Well, the background is that in [...]
Friends,
Wow, what a crazy reversal of fortunes for the US and World economies. Yesterday’s plunge in the markets was exactly one year from the High the Dow Jones Industrial Average hit of just over 14,000.
Now we sit at about Dow 8500 and with $3 TRILLION of US wealth wiped out. Most of that happening in [...]
The following are the top 5 reasons I believe that the market dropped today:
1. People are scared! Today’s sell off in the stock market was not just mom and pop investor scared about losing their retirement savings, there were huge institutional trades today that seem to be driven by fear.
2. People are confused! The world [...]
