Investments
This past week featured the earnings release of several major technology companies, coming closely on the heels of major earnings announcements from other tech companies, including Google and Apple. IBM Earnings First up, IBM reported revenue of $24.7 billion leading to earnings of $2.78 per share. The consensus estimates from analysts were a bit higher [...]
Albert Einstein once said that the most powerful force in the universe was compound interest. What most people don’t understand is that, while powerful, compound interest needs a lot of time to work. Unfortunately, when most people start looking for financial planner, or stock broker, or just researching how to invest on their own, they [...]
Apple (AAPL) announced that after years of building up a massive pile of cash with its record earnings that it will begin to return some of that money to shareholders. Apple will pay a quarterly dividend of $2.65 per share starting in July. It will also repurchase up to $10 billion in stock over the [...]
Sometimes it seems like the stock market is just messing with people. After seemingly running off of a cliff to end the third quarter of 2011, the market has recently staged a rally. Take a look at a chart for the Dow Jones Industrial Average and you’ll see a low point on October 3, 2011. [...]
Ever since the iPhone became the must have gadget and was followed up by an even more impressive iPhone 2 and 3, people have been walking into my office declaring that they have bought Apple stock, or are going to buy Apple stock. The reasoning is almost always the same. The products that Apple makes [...]
Continue reading about Jobs Resigns Apple’s Stock Price Falls?
Pimco Total Return is the biggest bond mutual fund in the world. It has a long-term track record that any bond fund would be jealous of. As a result, its fund manager, Bill Gross, has become something of an oracle of investing in bonds. Recently, the mutual fund reported its holdings. Like all mutual fund [...]
Continue reading about PIMCO Total Return Bond Fund Cuts U.S. Government Holdings
I am always a bit curious when I read a cover story headline like the one on Kiplinger Magazine this month. It says 18 Ways To Earn 5% or More On Your Money. A lot of readers will make an assumption that goes along with that headline that they are talking about low-risk investments or [...]
Continue reading about Safely Earn More Interest on Your Money
Is it good news that all of those big banks are repaying their government bailout funds. Are the TARP repaying bank stocks good investments right now?
Continue reading about Are TARP Repaying Banks Good Investments
The U.S. Supreme Court in a 7-2 decision upheld the central tenant of most state’s municipal bond tax policy, specifically that a state can exempt it’s own muni bonds from taxes while taxing the interest on other state’s muni bonds. So, nothing changes from before. If you live in California, the only way to avoid [...]
Great Stock Fund Re-Opened One of my favorite mutual funds is the Dodge & Cox Stock Fund (DODGX). It’s performance is virtually flawless for its purpose (large cap stock). This isn’t some flashy hey-look-at-me mutual fund. In fact, this is exactly the kind of fund that people started questioning during the Internet bubble, and that [...]
