Stock
Did You Feel the Pain?
There is an article in New York Time today with the title “Small Investors Feel Less Pain as Stocks Slide” (registration may be required). The main theme of the article can be summarized by this paragraph:
The excesses in the financial markets are now generally believed to reside in complex mortgage securities and other esoteric investments, [...]
Next Chinese IPO: E-House Holdings
China residential real estate service company, E-House Holdings, is scheduled to debut on NYSE today under symbol EJ. From the company website, E-House’s business includes “real estate agency services, secondary real estate brokerage services and real estate consulting and information services.” Based in Shanghai, China’s financial capital, E-House employs more than 1800 real estate brokers [...]
That Was Ugly
It was just two weeks ago I was all smile when the Dow gained 283 points in one day on its way to the 14,000 mark, which was reached exactly one week ago today. That gain, however, was all but gone as the index lost 527 points in the past 5 sessions. Markets in earning [...]
Good Day Today
Any time we have stock markets rally like we experienced today, we can expect some good numbers from our investments. As the Dow had its biggest one-day increase in four years (283 points, or 2.09%), our wealth also got a boost with a number of stocks and funds posting 2.00+% gains, including:
Blackstone Group (BX): 2.81%
China [...]
Investment Objective: Income or Growth?
What’s your investment objective?
My ultimate goal is to replace a majority of our pre-retirement income, salaries from our day jobs, by incomes generated from our investments when we retire (we still have 20+ years to go). Since neither of us has a pension plan (my wife used to have one with her employer, but the [...]
