Archive for Greg

author photo

post thumbnail

Why Carl Icahn May Have His Head in the Clouds

Shares of Yahoo Inc. (YHOO) plunged over 10% Thursday as merger talks fizzled with Microsoft Corp. (MSFT). Yahoo tried to revive the last takeover offer of $33 per share or $47.5 billion, but Microsoft wasn’t willing to bid that much again, according to statements from the two companies.

Carl Icahn

Carl Icahn (my personal hero and easily [...]

16Jun2008 | Greg | Comments | Continued
post thumbnail

What Does Ashanti Know About Gold?

Quite a bit evidently.
And if you’re into African stocks like I am you may also know that the Ashanti Goldfields Corporation was the first African stock to be traded on the New York Stock Exchange.
But if you’re more into pop culture like most people I may have just tricked you into learning something about stocks.
Seriously, [...]

8May2008 | Greg | Comments | Continued
post thumbnail

Looking for Yield in All the Wrong Places

Big, fat, juicy yields can look sexy, but they’ll break your heart in the end like a super fast club chick if they can’t be maintained. There are some winners among the financials, but you’ll be sorry if you take home the wrong one for the wrong reason.
Dividend yield is one common value trap that [...]

18Apr2008 | Greg | Comments | Continued
post thumbnail

Of the Lovely Art of Arbitrage

Yahoo (YHOO) shares shot up 48 percent to $28.33 Friday morning on news of the $45 billion Microsoft Corp (MSFT) offer to buy the company. Microsoft’s bold move, many speculate, could create a combined entity better able to respond to the growing dominance of Google Inc. (GOOG) in web search and digital advertising.
Microsoft’s $45 billion [...]

4Feb2008 | Greg | Comments | Continued
post thumbnail

Eat Undervalued Stocks For Breakfast

The investing greats say to buy stocks as you would your groceries: look for the bargains!

Investors should remember that excitement and expenses are their enemies. And if they insist on trying to time their participation in equities, they should try to be fearful when others are greedy and greedy when others are fearful.
Those are the [...]

11Jan2008 | Greg | Comments | Continued
post thumbnail

The CEO Formerly known as Prince

“Charles Prince’s departure has been called “retirement,” which would entitle him to at least the $147.1 Million for his time at Citigroup,” reported the New York Times. The only wildcard left outstanding now will be his severance pay. 
The significance of calling Mr. Prince’s departure a retirement can be associated with the fall the other big [...]

5Nov2007 | Greg | Comments | Continued
post thumbnail

Can a Sinking Dollar Actually Make You Money?

Few people give thought to how much a burger costs in Botswana, but the global value of our currency could have huge implications here at home. The U.S. dollar has been under pressure in recent months, but what does that really mean to us?
First, lets explore some advantages to a strengthening dollar:

Lower prices on imported [...]

23Oct2007 | Greg | Comments | Continued
post thumbnail

The Terrible Truth About the 401(k): PART II

Some thoughts from people much smarter than I am:

http://money.cnn.com/2007/10/08/pf/expert/expert1.moneymag/index.htm?section=money_pf (Fred’s article)

http://robots.cnnfn.com/2007/09/25/pf/expert/expert.moneymag/index.htm

http://www.investmentu.com/IUEL/2005/20050929.html

http://financialrevolution.blogspot.com/2006/03/why-you-can-beat-market-mutual-funds.html

http://www.personalfund.com/learnmore.html

11Oct2007 | Greg | Comments | Continued
post thumbnail

The Terrible Truth About the 401(k)

In 2004, 92 million individuals in the United States owned mutual funds. That’s almost half of all U.S. households compared to only 6% of all households in 1980. 92% of those 92 million said they invested in mutual funds to save for retirement. The advent of tax-deferred vehicles like IRA’s and 401(k) plans helped encourage [...]

5Oct2007 | Greg | Comments | Continued
post thumbnail

How much would you pay for a money machine?

Let’s say you could buy a machine that could legally spit you out money on a regular basis. For simplicity sake, lets say annually. How much would you pay it? Would it depend on how much money the machine could spit out? Well the machine gives you $100 per year. Let’s say you could buy [...]

25Sep2007 | Greg | Comments | Continued