Archive for February, 2008
The Dog of the Chinese ADRs (1) — GSOL
I have had this idea on my mind for a while, but only implemented this month.
The idea is to buy last month’s worst performing Chinese stock (ADR) at the beginning of the month and hold it for one money. At the end of the month, sell the stock and buy again the worst performer of [...]
Popularity: 15% [?]
Happy Chinese New Year!
To those who celebrate The Year of Rat!
Popularity: 12% [?]
Popularity: 12% [?]
Random News: Lower Cost at CollegeAdvantage, Earn Free Trades at TradeKing Community, and Win a Share of Google at Cake Financial
Yesterday, I received a letter from CollegeAdvantage, the Ohio 529 college savings plan, regarding lowered cost for the Vanguard portfolios. The letter says starting February 1, the total administrative cost for the Vanguard options will be reduced by 0.02%. This is a welcome news, though the reduction is tiny. I set up a CollegeAdvantage account [...]
Popularity: 13% [?]
Just Too Many ETFs out There: Claymore to Close 11 Funds that Nobody Wants
Do you think there are just too many ETFs out there?
Apparently, there are. The latest evidence came from Claymore Securities Inc, one of the major issuers of exchange-traded funds (ETFs), which in an announcement last week says it will close 11 of its 37 ETFs on February 20th and liquid assets in these funds on [...]
Popularity: 26% [?]
January 2008 Score Card — Part I: Net Worth
What used to make us, now broke us.
For a third time in a row, our paper fortune dropped after the broad market suffered deep decline in the first month of 2008. Our calculation showed that at the end of January 2008, our net worth, excluding house and vehicle related items, was at $551,521, down [...]
Popularity: 20% [?]
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