When it comes to our government announcing new data, I'm usually fairly skeptical. Especially "jobs data" which our government likes to skew as rosy. The only numbers that float my boat, and should you too, are jobs created by private sector. Otherwise it's just government … [Read more...] about News You Absolutely Don’t Want To Hear On A Holiday Weekend
stock market
Wall Street Journal: Majority of IPO’s in 2011 Already Underwater! (Part 2)
Growing up I learned to remain unfazed at the ups and downs of the fluctuating stock markets. Thus is the life of a stock broker, which my mother was. Peaks and valleys is the name of the game. And if you don't know how to ride the waves, you hest find another source of … [Read more...] about Wall Street Journal: Majority of IPO’s in 2011 Already Underwater! (Part 2)
Wall Street Journal: Majority of IPO’s in 2011 Already Underwater! (Part 1)
When LinkedIn went public in May, its shares opened at $45 (making it relatively affordable for the average investor), topped at $122.70 and closed at $94 per share on it’s first day. Better than a 100% profit is not bad for a days work. Although LinkedIn is not necessarily my … [Read more...] about Wall Street Journal: Majority of IPO’s in 2011 Already Underwater! (Part 1)