The start of 2010 began with an upside move to the markets but this was unsustainable. While many political issues spooked the market with talk of increasing taxes on banks and excuses throughout the State of the Union address. The economy seemed to be a scrapegoat for portfolio managers to sell out their positions. The [...]
U.S. investor Warren Buffett holds just over 3 percent of leading reinsurer Munich Re AG, the German company said Tuesday. An ad hoc statement from the company said that Buffett has informed it he now has 3.045 percent of the voting rights in Munich Re. The statement attributed the holding to Buffett rather than to [...]
Once you have made the transaction of entering a trade, you have no say in what happens next. For example, once you purchase 100 shares of Google, the market and company management will determine what happens to your stock. Investing boils down to one assessment that you can control: the price you are willing to [...]
In managing my investment accounts, I have spent a considerable amount of time evaluating various strategies. What I have come to appreciate in managing my 401 account is what I call the Fund of Funds Portfolio. This is an easy to manage system that will get you into the best performing assets at the right [...]
Two weeks ago, Exxon announced it would purchase XTO Energy for $41 billion. XTO Energy is a giant natural gas company. It’s the second-largest producer of natural gas in America, and Exxon’s biggest acquisition since it bought Mobil 10 years ago. Natural gas is cheap, abundant, and produces 60% less emissions than coal. As electricity [...]
