Stock Quotes

DJIA10564.38  chart+11.86
NASDAQ2340.68  chart+8.47
S&P 5001140.44  chart+1.94
2010-03-09 16:03

Some Signs of Economic Life

Here’s a pretty good article that has a list of reasons why the worst of this recession may be behind us. I’ll admit that some of them are a stretch, but others like the back to back monthly increases in the LEI do provide me with a little hope.  

Believe it or not, what [...]

Has Investor Risk Tolerance Changed Forever?

The historic drop in the markets that has taken place over the past year has even the most seasoned investors shaken. Very few investors have ever seen a bear market of this stature during their investing careers, and one has to wonder whether overall risk tolerance has changed for good.

Personally speaking this bear market [...]

Price Matters When It Comes to Stock Returns

I found this interesting article that compares annual returns from the stock market vs the P/E ratio at the time of purchase.  

Below is a chart that shows the various returns vs P/E.  Hopefully, it will give you a little bit of confidence during these trying times about the future.  

P/E ratio
Annualized returns

5 to 9.9
10.8%

*Current [...]

Rick Santelli and “The Rant of The Year”

The following is a video of CNBC’s Rick Santelli ranting about the new housing bailout program.  Although I’m not a homeowner, I have to say I agree with what he says.  Artificially inflating housing prices will hurt Gen Yers when it comes time to buy homes of our own.  

The Advantages of E-Filing Your Taxes

I’ve spent the past couple days working on my taxes.  This is the first time I’ve prepared my own return, and I have to say it went better than expected.  I used TurboTax and it really made the whole process quite simple.  I especially loved the feature that let me download my investment [...]

New Rangel Rule Bill Would Eliminate IRS Interest and Penalties

I found this new bill that was introduced by Congressman John Carter of Texas the other day.  I found it amusing considering my recent post on Tim Geithner and him not paying his taxes.  Below are the details of the new bill and here’s a link to the Congressman’s webpage.  I’d love to actually see [...]