Author Archive
What Have I Bought with My Zecco Play Money?
Seven months ago, I made part of my Zecco account a “play account” with a small amount of play money in it. For most of the stocks I purchased, I have hold them for quite a long time and have gone through the ups and downs through out the years. I am still planing to [...]
Stock Market Undid Itself, Giving Up All Yesterday’s Gains
Yesterday, financial stocks led a broad rally after the government’s effort to support the mortgage market by bailing out mortgage giants Fannie Mae and Freddie Mac.
Today, however, all the gains from yesterday were gone and the Wall Street was again dominated by fears of the financial sector. This time it’s Lehman Brothers (LEH)that brought down [...]
Is Small-Cap Making a Comeback?
About a year ago, I looked at the performance of small-cap funds and compared it with S&P 500. The topic interested me because I am a fan of small-cap funds and have been buying them since I started investing in mutual funds. The last time when I checked the asset allocation of my portfolio, small-cap [...]
Fannie Mae and Freddie Mac Shares are Worthless
It didn’t take long for the 16 shares of Freddie Mac (FRE) that I still own with Scottrade to reach the worthless price.
I could have sold my position when the stock was at something around $1.50 the first thing in the morning, but that wouldn’t save me anything since I bought those shares at $6.26 [...]
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