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Shares of Wachovia closed up $3.61, or 27%, at $16.79, on volume of 238 million. Which is a really good jump but is it good enough is the question. Mayo put a price target of $30 on the stock, saying current value “does not adequately reflect the potential earnings power of Wachovia’s franchise over the long term, while still acknowledging significant near-term industry headwinds in mortgage and credit as well as heightened operational risks due to the integration.” With recent fallings in past quarters. i am not sure if this recent spike in shares is going to be enough considering the long term effects of it being far too low overall.

So I just heard the other day that Yahoo turned down a bid by Microsoft to buy them out. I didn’t even know that this was an option on the board. To be honest I don’t think anyone knew until all of a sudden Microsoft is there to buy. The thing is that they were turned down so the deal is not going to happen. It did make me think though. I mean talk about a monopoly, I think they are trying to buy the entire computer industry.

Where are the best places and best things to invest in? I myself am 30 years old and already retired, living in sunny Florida. The question is how was I able to do it (retire) at such a young age? It is simple, a series of wise investments. Start small and work your way up. There is an old saying “With great risk comes great reward”. The thing is never risk what you can not afford to lose. I started with a simple home purchase in an up and coming community. Within two years I sold that home for over $200k profit. Now I had my seed money. Money needed to begin my portfolio. What I have learned is never put all your eggs in one basket. They key is to diversify. Several small investments are always better than one large one. If one of your small investments fails to turn a profit you still have others to rely on and recover the loss. But if the large investment fails, you have nothing left.

So invest across the board. Homes, land, stocks and forex (Foreign Exchange). Forex trading is a great secure way to turn a decent profit. If you are interested in global futures, Global Futures Exchange & Trading Company, Inc. can help to get you started for as little as $250.

I came across an investment term that I had never heard before and decided to look it up and find out exactly what it was. Then I felt I should share this information with my readers. If you are in the investment world you have probably heard of this term before so excuse my lack of knowledge on this one. The term is an iron condor. And here is what it means, Iron condors are four-option spreads that combine both calls and puts. It is an advanced options strategy that involves buying and holding four different options with different strike prices. There is of course more to the definition than that in wikipedia but for now that will give all you investor wannabe’s out there a new term to use around the office.

If you own more than a couple of properties then you know how hard it can be to manage them. There is a lot of work that goes into the upkeep and management of tenants. Nobody knows that more than property management companies. The hardest part is that it has been almost impossible to store all of that information in an easily accessible central location until now.

Now that Buildium has come out with an Online Property Management Software it makes the whole thing that much easier. Now all the people who need access can have access to one incredible web based file sharing network. The best part is that since it is web based you can access it from anywhere making it even easier than ever before. No more having to go all the way across town to the office to pull up your files like the other systems, now you can access them from anywhere.