Why Most of Us Won’t Change Banks

Did you ever look at a bank’s website and think to yourself, “Why would they give you free bill pay when they charge for everything else?” Even with the super-restrictive accounts that limit ATM deposits and withdrawals; put holds on most of your checks; and demand monthly fees or regular savings transfers; bill pay is usually offered free.

Read more »

Stocks Trading for Less Than the Price Prem Watsa Paid for Them

Of Prem Watsa’s 42 stocks in his current portfolio, only three trade for a lower price than when he originally bought them. He added significantly to his holdings in each of these companies in the last quarter. Watsa is a value investor who purchases stocks of companies with excellent track records with the intent to hold for the long term. Watsa, founder and CEO of Fairfax Financial Holdings, has achieved a 154.6% 10-year cumulative return, compared to 16.4% for the S&P 500.

Read more »

Jesse Livermore and setups

Jesse Livermore was one of the most successful speculator . During his lifetime, Livermore gained and lost several multi-million dollar fortunes. Most notably, he was worth $3 million and $100 million after the 1907 and 1929 market crashes, respectively. $100 million in 1929 was close to billion of today or more. He did not lose all his money in market, lot was lost in divorce and colorful lifestyle. He committed a suicide.

Read more »

Buying Stocks Just Got a Lot Riskier

The “Santa Claus rally” started on Monday. Now, just four days later, the S&P 500 is up 7%.

Read more »

Why Everyone Is Wrong About the American Oil Boom

This year, an army of financial analysts has come forward to estimate how big the coming boom in U.S. oil production will be.

Read more »

Privacy Policy

TERMS OF USE PLEASE READ THESE TERMS OF USE CAREFULLY. BY USING THIS WEBSITE AND THESE PRODUCTS AND SERVICES (AS DEFINED BELOW) YOU AGREE TO ABIDE BY THE TERMS OF USE (THIS “AGREEMENT” OR THESE “TERMS OF USE”) BETWEEN YOU…

Read more »