Monday Reading and Stock Update

Things aren’t looking to good for SIRI. Meanwhile, Yahoo! is down $3 from when I recommended it a couple weeks ago.

Read on for some suggested reading.

Stocks 2.0

Here are two interesting new websites, in the Web 2.0 spirit, focused on stocks. Predict Wall Street – This site allows you to make daily predictions on the move of a stock or index. As with a lot of Web 2.0 offerings, it gets better with each additional user. If more people start using this (more…)

SIRI Update: Missed Opportunity

Last Friday, SIRI dipped below $5.50, which was my level to pickup another 70 shares as planned. I’ve been meaning to try out some options trading, and with the stock so low I thought what the hey. Why not buy 500 options rather than 70 common shares?

Here’s my first lesson for options trading:

1. Make sure you can purchase options through your broker before you look for some to buy.

NetworthIQ

I review of NetworthIQ, a website to keep track of your personal net worth. At its best, the site could usher in a new era of fiscally responsible citizens. In the least, you’ll be able to keep tabs on my financial growth.

Intro to 401k Part 2

Last week, we introduced 401(k) retirement plans and focused on their main two benefits:

  1. Tax Benefits.
  2. Employer Match

This week we’ll close out the discussion with a little talk on Roth 401(k)s and some tips for choosing Funds inside your 401(k).

Monday Reading and Stock Update

Monday Reading Mark Cuban has written some interesting articles on investing. I think they’re a good read; it’s not the typical stuff you would hear from other investing pundits. – My Investment Advice for 2006 – The Stock Market is for Suckers – Long Tail of Investing Main takeaways: – When you buy stock, someone (more…)

Good Time to be a Geek

First, my apologies to those of you who are not geeks (and just wish you were).

Becauseā€¦ it’s a good time to be a geek. Tech stocks are performing well, and there is no one better to take advantage of this rally than fellow geek investors like you. Even the NASDAQ is back with a vengeance.

There is a lot of talk these days about a new tech stock rally. Below are just a few of the reasons tech stocks are getting so much attention these days.

2-year Bond Yield Higher than 10-year

I woke up this morning wanting to answer one question more than any other. Why is the yield on a 2-year bond (4.37%) higher than the 10-year yield of 4.35%? [1]

After some research, I have to admit I’m still a little lost. Understanding how our economy runs is not my strong suit (you’d be better off reading Chris’s posts). But I’ll take a stab at this.