Archive for the ‘General’ Category

I remember I spent several months being an active contributor to Answers.com, giving real answers to real questions, and feeling good that I was able to help someone somewhere. I did leave a link to one of my websites in each of my answers - after all, I...

August 13, 2012 | In: General

Top 10 Stocks to Hold Forever

Most of us don't think about buying and holding stocks, but we're there for the quick money. We buy some shares, we wait until they go up (or until they go down below a certain threshold), and we sell to make some money or limit our losses. I have to...

OK - clearly this is not a post about the stock market or anything related to the stock market. In fact, this is not a post - it's a rant. I visit a lot of websites on a daily basis and I post a comment if I like what I read (regardless of whether I'm in...

Canon, one of the largest makers of cameras and printers, recently reported less than estimated profits, a result that raised a few eyebrows here and there. "Will Canon go out of business?", some investors whispered... Let's examine Canon's main two...

Canadians doing business with the US and receiving checks from there often wonder how much time it takes for US checks to clear. In order to answer this question, I need to explain two concepts in the Canadian banking system: hold time and clearing...

It's that time of the year again, where everyone is doing his or her taxes. Instinctively, we report every income we received in the previous year in our tax return - but how about that $2,000 tax refund we received back in last year? Does it count as...

The NASDAQ yesterday briefly hit the 3,000 milestone, which is a major milestone not seen since November of 2000. Let's look at the NASDAQ chart for the past 20 years: Figure 1: NASDAQ Chart for the Past 20 Years (courtesy of Google Finance) I...

I know, it's the end of the month, you're a bit strapped on cash, and you have to make that credit card payment - or else! Now, you think, hey, I owe about $1,000 on my credit card, what if I buy an LED HDTV (55") for about $1,500, and then return it...

February 24, 2012 | In: General

How Do Banks Process Payments?

Let's say you're one of those people who execute many bank transactions a day: you make and you receive a lot of payments from/to your bank account. Naturally, at one point, you might run into one of the following situations: You make a payment from...

I remember reading a long time ago that Microsoft helped Apple survive, and in return Apple gave Microsoft a lot of shares at dirt cheap prices (they weren't dirt cheap back then because Apple's range of products was exciting only to its very few...

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