I was just reading an article on Bloomberg on how Venezuela decided to repatriate its gold deposited in foreign banks. Apparently, Venezuela owns 365 tons of gold, and 211 tons of this gold is deposited in foreign banks.
In any case, the article made...
A curious (yet useless) question that goes through every investor's mind at one point is "what is the average stock price on New York Stock Exchange?" Clearly, a quick search on the Internet reveals nothing, because although many people wanted to know...
I was having a discussion with a friend the other day, and we were talking about stocks, and whether it can make someone rich or not. He was saying that stocks do not usually make you rich, but owning your own business will. I argued that even if you work...
I know that bank stocks nowadays are very scary, but, on the other hand, I think that they're undervalued on the long run.
A bank stock that I think is a good stock is UBS, and here's why:
- UBS is the largest bank in Switzerland (the second largest...
When I first started this website, I had one aim, I wanted to create articles about stocks that anyone can understand. I wanted to simplify all the concepts of stocks and stock trading to people who have never traded stocks. Stock trading is exciting,...
More than a decade ago, I took a business class, which was called BAD 201 (yes, it was that bad), and in that class the instructor made a statement that I was not able to forget: "The most liquid thing on earth is money and the most liquid money is the...
I am watching closely nearly all US bank stocks, and here are some facts from my observations:
Most of their respective companies are (officially) making money (with the exception of Bank of America).
Nearly all of them have a very low P/E hovering...
I had a small discussion with my grandfather the other day. He noticed that I don't seem to work in a company, and yet I have money. So one day he asked me "What do you do in life to make money?". I have answered, "Several things". "Like what?", he asked....
One of the topics I really hate talking about is gold, but I can't ignore it anymore since the metal is now trading around $1,800. This is becoming insane. Investors are saying that gold is the only real "money" right now with a real intrinsic value, and...
August 10, 2011 | In: Lists
Here's a list that I think is suitable for these bad times: a list of the top 100 stocks that are currently trading above the 200 DMA (Day Moving Average). These stocks are interesting (especially after Monday's bloodbath), because they are doing well...