Archive for the 'money' Category

One golden rule

One golden rule in stock markets investing is “when direction is uncertain, stay out in cash“. The sudden changes, or call for changes, in Northern Africa and the lasting European worries seem to me concrete uncertainties… And today a tech issue is preventing the update of the NASDAQ index, although you can trade individual securities. [...]

20090207 – Bloomberg snapshots for the 20090201 week

I took note of some news, that I watched on Bloomberg, relative to the 20090201 week: (1) IMF (International Monetary Fund) recommendations for the Asian Economies. These recommendations include “fiscal stimulus plans”, which translates to lower taxes and easier credit, so that individuals and businesses can have more money available.Available for what? For spending/investing: on [...]

eBay and PayPal EUR/USD exchange rate…

I just bought a couple of phone batteries for my very old Ericsson T29S, fromhttp://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&ssPageName=STRK:MEWNX:IT&item=320293795383 I will be paying 19.74 EUR for the two batteries, delivered from Hong Kong to Portugal. The price is computed this way:2x 1200 Mah batteries = 12.82 USDdelivery = 11.50 USDoptional insurance = 1.50 USDtotal = 25.82 USDeBay/Paypal EUR/USD exchange rate = [...]

Stocks: 2008 for DOW, NASDAQ and SP500

2008, the worst year for stocks, since the great depression, is over.Chances are that 2009 will be better, for stocks. The pictures below are snaps from http://finance.yahoo.com/. DOW’s 2008 (bottom on 2008–11): NASDAQ’s 2008 (bottom on 2008–11): SP500’s 2008 (bottom on 2008–11): Tags: money, stocks, 2008