The Sun's Financial Diary

On June 1, 2009, General Motors (GM), once the world’s largest car manufacturer, filed for Chapter 11 protection. Before and during the bankruptcy protection, GM received billions of dollars taxpayer money to stay afloat and reconstruct. Since then, the Detroit automaker slashed jobs, closed plants, shut down dealerships, reduced debt burdens, and, mostly importantly, started [...]

EverBank Financial Corp, based in Jacksonville, FL which operates EverBank Direct, the online division of EverBank, has filed with the SEC last Friday for an initial public offering to raise up to $200 million. I have been following EverBank for quite some time and am currently a customer of their Yield Pledge Money Market Account [...]

In my discount broker comparison post that I compiled last year, I placed TD Ameritrade near the bottom on the list because its stock trade commission is rather high at $9.99 per trade. If I want to choose  a broker to trade stocks, ETFs, or options, I don’t think it will be TD Ameritrade or [...]

Believe it or not, there are other trading options beside just the traditional stocks and bonds. One of the popular ones that is often somewhat of a mystery for average investors is something known as stock options (I started to learn options trading not long ago). What Are Stock Options Stock options are traded in [...]

It commenced as a decade of promise. America said goodbye to the 90′s with rousement and promise for a new century that gave hope to continued prosperity, advances in technology, and a intensity of our country’s global investments and succeeding role as the economic and military authority of the free world. Ten years later, America [...]

With the stock market continuing to struggle to make any meaningful gains over the last decade, the typical investor’s appetite for risk has shrunk. Back during the technology bubble days of 10 years ago, riskier high return investments were all the rage. Nowadays, people don’t want to touch them with a ten foot pole. Still, [...]

If you own shares in one of the 3 stocks that rapidly lost value last week (3M, Proctor and Gamble, and Accenture), then you might be wondering whether or not a stop order (or stop-loss) is a good idea. In case you don’t know, a stop-loss is a standing order you place to sell a [...]

I usually don’t buy stocks that cost a lot of money to get a share, those priced in hundreds of dollars, because I always like to own more shares. In late 2008 and early 2009, I bought probably a few thousands of shares of stocks when they were really, really cheap. However, among dozens of [...]