The word ”credit” is actually derived from the Latin word ”credere”, which means “to believe” or “to entrust”.
As you already know our entire economic system is based on credit, or put in other terms… the belief that contracts will be honored, loans will be repaid and the entire system in general will continue functioning as it should. When the [...]
I was reading a forum totally unrelated to investing today (Cigar Aficionado if you must know), and someone posted the joke below. I just thought it was funny considering all the politicians blurting out how many billions are needed for this bailout… and that stimulus plan… and that bridge to nowhere… well, you get the [...]
”Never invest in any idea you can’t illustrate with a crayon.”
-Peter [...]
Here’s What Insider Trading Looks Like
Alright, despite what the SEC or anyone else tells you, insider trading is quite prevalent in today’s financial markets. In fact, if you’re paying attention and know what to look for you can probably spot it yourself.
Yesterday, I was keeping an eye on shares of Energy Transfer Partners (ETP) when I noticed something odd. [...]