Five of my favorite ‘money themed’ movies in no particular order… The Business Of Being Born (2008) If you are pregnant or about to become pregnant, I would advice you against watching this movie! The movie is about how something as natural as childbirth has become a booming business in the US. Physicians like control [...]
If I could go back in time to the ’70s, I would invest in China. It’s been a little over 30 years since China opened its economy and the results are incredible! Those who saw China’s potential early on, have been rewarded handily. India, China’s western neighbor, taking a cue, opened its doors relatively recently [...]
Warren Buffett, the world’s third richest man made his maiden voyage to India at the age of 81. He went there as a philanthropist and as an insurance salesman, the richest and the oldest insurance salesman India will ever see! As a philanthropist, Buffett wanted India’s wealthy to give, as an insurance agent, Buffett wanted [...]
I had previously written about using OptionsHouse via an iPhone which is not the same as a using a dedicated iPhone app! I preferred the mobile site simply because the OptionsHouse site was too cluttered and available only on Firefox on a Mac (at that time). But recently, OptionsHouse along with a price increase, introduced [...]
MLPs offer excellent yields, but if you hate paperwork come tax time, MLPs are not for you. First you have to wait at least till March 15th before filing taxes. That’s the latest you receive your MLP specific tax document called Schedule K-1s. You’ll receive one for each MLP you own and they are sent [...]
Since the first iPod, Apple’s been on a roll getting consumers hooked onto their products. The latest was the release of iPad 2 last Wednesday. No doubt this will be lapped up by Apple’s eager legions! A square foot of an Apple store generates $5,980 in annual revenue, that’s how profitable they are! Investors love [...]
Zecco put an end to their free trades last week enraging a lot of users in the bargain. Zecco was a relatively new entrant to the highly competitive discount broker space and had a number of users switch to their system due to their hard-to-beat offering of unlimited free trades with a minimum balance of [...]
[Z]ecco has decided to cancel it’s free trades that it was offering for accounts with over $25,000 in assets. Zecco, when they entered the highly competitive discount broker scene, became very popular for their free trades for those with a balance of just $2,500. But soon they discovered this was unsustainable and decided to increase [...]
In my previous post, I wrote about the Beardstown Ladies who had to suffer public humiliation because they couldn’t tell what their annualized returns were. In their defense, not many investors do know what their actual returns are! Why? Because most brokers, don’t provide that information, including online portfolio managers like Google Portfolio and Yahoo [...]
Last month Vanguard’s Emerging Market ETF, VWO overtook BlackRock iShares’ ETF, EEM in total assets to become the largest Emerging Market ETF in the US. Both the funds have been swelling in size due to the popularity of this asset class among investors. BlackRock cut the fees of EEM from 0.72% to 0.69% last week. [...]
