Turns out not not everyone is a fan of the bailout plan but now what?
Run for the hills?
The government is going to have to come up with something to fix this problem as soon as possible and when they annouce it we might have a short day run up in the financial industry.
Could the credit [...]
The world has been in chaos the past while as its most prestigious financial institutions have been closing their doors. Big time investment firms that chased big time profits through the fire have finally gotten burned through the subprime mortgage meltdown and Uncle Sam has had to bail them out. The world economy has gone [...]
Last night I listened to a teleconference interview with Scott Hennig, the director for the Canadian Taxpayers Federation. The Canadian Taxpayers Federation is a non-profit organization looking to stick up for Canadian taxpayers against government waste. Although they are non-profit, they are not a charity and do not have affiliations with any political party. Scott [...]
In todays up and down market we need to hedge against risk in our stock portfolios, especially with all this media talk of recession. Recessions and bear markets can make you great returns just as a bull market can without constantly looking for stocks to short; you just need to know how to properly “Recession [...]
I still remember being 18 years old and walking into a bank i have decided not to mention to purchase some mutual funds.
I was standing in the wrong line at the bank and when I got to the front of the line the teller looked me up and down and rolled her eyes and [...]
