September 24th, 2008 by tad
I have found that it is not what you invest in that counts but who you invest in. What I mean is that it is not about the product as much as it is about the company and how they are setup. I invested some money awhile back in a product that I thought to be great and lost money. Then I invested in a company that sold some sort of new steering rack and I made a killing. Invest in the company, not the product.
Category: Investing |
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September 24th, 2008 by tad
Well apparently Goldman Sachs Group Inc. was trying to raise some funds together recently. The managed to pull together $5 billion in a stock offering, twice the amount the firm originally was looking for. The reason for this was simple. They received a $5 billion cash infusion from billionaire investor Warren Buffett. Now that guy has money. I heard he actually gave most of his money away and still has more money than most people. Anyway, $10 billion in funds raised might be just what they need to keep things going.
Category: Investing |
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September 23rd, 2008 by tad
I have been told by more people than I can count that the United States is not in any type of recession. The problem is that all of the evidence that I am seeing every day is very contradicting to that. It seems that we are very much in recession and one of the biggest problems is that no one is willing to admit it. I mean after all, loans are on the down, interest rates and unemployment is up. What more can go wrong before someone will say okay there is a problem. I think that is what the President’s new bailout is all about. The question I am asking is simple, is it enough or is it too little too late.
Well, the point is that all of this financial turmoil has left me very weary about how and where to invest my money. That is why I have been looking at new products and places to put my money in that I feel more secure about. One of the best places I have found to help me with this is a place called Inner 8. They offer alternatives for high quality investing tools and advice to the common investor. If you are looking at the market the same way I am than these guys might be able to help you out as well.

Category: Investing, Uncategorized |
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September 23rd, 2008 by tad
The US government has proposed to create a 700-billion-dollar rescue fund. This fund will be used to buy back bad debt from ailing US banks and other financial institutions. The President is telling congress that he wants this thing endorsed right away so he can put it in effect. The thing is that is one heck of a lot of money. I mean that is going to raise the national debt to 11.3 trillion dollars. The president said: “This is a big package because it was a big problem”. He argued that the drastic measures were necessary to keep the economy going. The president admitted that the plan would be funded with tax money, but added that “over time, we’re going to get a lot of the money back”. Wow…let’s borrow money to pay off the bad debt of other borrowed money. Talk about robbing Peter to pay Paul.
Category: Investing |
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September 17th, 2008 by tad
After AIG announced that it would be needing some help to get the this so called “non-recession” stocks fell drastically. The US government extended an $85 billion lifeline of crippled insurer American International Group and it obviously spooked investors. I don’t know about you but if I had stock in AIG and I found out they were about to go under I would sell too.
Category: Investing |
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