Archive for October, 2006
Yes! $2 Gas is Back!
When I passed by the gas station I used to fill up my car this morning (it was Mobil before, but changed owner last week and now it’s Valero), I noticed the price of one galon regular dipped below $2 for the first time in I-couldn’t-even-remember-how-many months, at $1.99/gallon. As crude oil price rebounded a [...]
Popularity: 9% [?]
Goldman Sachs Made $4.9B from World’s Largest IPO
According to Bloomberg.com, Industrial & Commercial Bank of China Ltd. (ICBC), China's largest bank which holds 17 percent of the nation's $5.2 trillion banking assets, sold 35.4 billion shares in Hong Kong and 13 billion shares in Shanghai in initial share sale. The $19.1 billion offering eclipsed the $18.4 billion NTT DoCoMo raised in 1998 [...]
Popularity: 6% [?]
4-Week T-Bills: Back into Action and How to Make a Purchase
Popularity: 18% [?]
Dollar-cost-averaging with ETFs: Bad Idea?
I became a big fan of ETFs (Exchange Traded Funds) in December 2004 when I sold my Matthews China Fund (MCHFX) holdings at Scottrade after it started to charge fees for no-load mutual funds and switched to PowerShares' Golden Dragon Halter USX China (PGJ), 10 days after its inception.
Now I own seven PowerShares ETFs, [...]
Popularity: 8% [?]
How often Do You Check Your Investment Accounts’ Balance?
Every day? Every week? or Every month?
When I first started investing in 2001, I was so eager to see how my investments (mutual funds) were doing, I just couldn't wait till 6 o'clock in the eventing to get the closing prices. So I entered the top 10 or 15 holdings of each mutual funds I [...]
Popularity: 5% [?]
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