What’s Mark-To-Market?
Since the recent economic turmoil began, there has been a lot of talk and discussion about mark-to-market accounting. If you’re like most people, you have no idea what this esoteric term means. Simply put, mark-to-market accounting is an accounting method that assigns a value (or “mark”) to an asset based on it’s current market [...]
“Do you know the only thing that gives me pleasure? It’s to see my dividends coming in.”
- John D. Rockefeller
What Are Dividends?
Today I wanted to take some time to talk about dividends. For those of you new to investing, dividends are cash distributions that companies pay directly to their shareholders. When a company earns a [...]
Someone passed this fake news article along to me today. I thought it was somewhat amusing in a twisted sort of way so I decided to post it below. I figured with the market in disarray we could use a good laugh.
Somali Pirates in Discussions to Acquire Citigroup
By Andreas Hippin
November 20
(Bloomberg) — The Somali pirates, [...]
Fox Business News Interview
Tonight I just wanted to post this Fox Business News interview they had with Ron Paul. I have to say that this guy has been ahead of the curve on just about everything regarding the financial crisis.
One great point he makes in the interview is that we need to allow home prices to fall [...]