Stock
China Life Insurance Suspended, again
Trading of China Life Insurance (LFC) was suspended in Shanghai, Hong Kong and NYSE Monday, pending announcement that is sensitive to share price.
The rumor surfaced over the weekend is that LFC’s parent company, China Life Insurance (Group) Co., is an overall listing that covers its whole operation. However, there seems to be some [...]
Invest in Water
[This article also appears on Seeking Alpha, Water: How to Quench Your Investor Thirst]
Back in November, I had a post on why water could find a place in your portfolio. The main point of the article is as we face a global shortage of drinking water, investing in water makes a sound choice for long [...]
Picked up Some XFML
I originally thought I should wait some time before jumping in on Xinhua Finance Media (XFML). Well, I did wait, but not for long. Around 3:00 pm yesterday when I saw the stock lost almost two dollars to around $11 per share from its open price, I placed an order and bought 360 shares XFML [...]
Xinhua Finance Media (XFML) Debut, then Sank
Xinhua Finance Media Ltd (XFML) went ahead its scheduled IPO Friday despite recent sharp decline of Chinese stocks, but the reception of this latest offering on the street was nothing but cold.
Before the IPO, there were speculations that XFML may scrape its plan in wake of the plunge of Chinese domestic stocks on February 27th, [...]
The Big Fat Check is Here and My Spending Plan is
1. Boost my 4-week T-bill purchases from $12,000 a month to $24,000 a month.
The latest T-bill rate (March 1, 2007) is 5.267% APR, equivalent to a 5.40% APY. Considering that the interests earned from T-bill investment are exempted from state income taxes, the effective annual yield is as high as 5.77%, a rate that [...]
