Archive for the ‘Personal Finance’ Category

Aug
25

If there’s one question that investors have asked themselves over the past year and a half, it’s that one. If only I had acted differently, they say. If only, if only, if only.

Yet here’s the problem: While we know that we made investment mistakes, and vow not to repeat them, most people have only the vaguest sense of what those mistakes were, or, more important, why they made them. Why did we think and feel and behave as we did? Why did we act in a way that today, in hindsight, seems so obviously stupid? Only by understanding the answer to these questions can we begin to improve our financial future.

This is where behavioral finance comes in. Most investors are intelligent people, neither irrational nor insane. But behavioral finance tells us we are also normal, with brains that are often full and emotions that are often overflowing. And that means we are normal smart at times, and normal stupid at others. Read more…

Aug
21

The forex market, unlike other exchange driven markets, has a unique feature that many market makers use to entice traders to trade. They promise no exchange fees or regulatory fees, no data fees and, best of all, no commissions. To the new trader just wanting to break into the trading business, this sounds too good to be true. Trading without transaction costs is clearly an advantage. However, what might sound like a bargain to inexperienced traders may not be the best deal available – or even a deal at all. Here we’ll show you how to evaluate forex broker fee/commission structures and find the one that will work best for you. Read more…

Aug
17

It’s unclear whether the economy has hit bottom or not. Investment markets are moving up. Jobless rates didn’t get any worse. “Cash for clunkers” has given the auto industry a real boost. And stimulus funds are slowly making their way into the real world. So, at the risk of tempting fate, it’s probably safe to venture outdoors once more. The sky will not be falling. Life as we know it will not be ending. There will be a World Series in the fall, and college stadiums will be jammed with fans. Read more…

Aug
07

In the good old days, farmers knew better than to yoke a bull and an ass together to plow the field. The yoke would be uneven and no good would come from it. How about a bull and a bear, would those two harmonize?

We shall find out soon. Unknowingly, investors have been watching a bull and bear work together simultaneously. We have a stock market bull and an economy bear. How so? Read more…

Aug
05

The $787.2 billion stimulus plan is a lightning rod for criticism and second guessing, but love it or hate it, the massive program’s funds are flowing as planned.

According to Obama administration figures that date back to July 31, $240.4 billion, or more than 29%, of stimulus funds are now available for use. That’s better than the roughly 25% that the Obama administration estimated for the end of July.

Just $120.4 billion, or 15% of the stimulus total, has actually been paid out so far.

“Available for use” means that federal agencies have set aside fund for approved stimulus projects. Read more…

Aug
04

Tan Sri Robert Kuok Hock Nien (born 6 October 1923, in Johor Bahru, Johor),
is an influential Malaysian Chinese businessman. According to Forbes his
net worth is estimated to be around $10 billion on May 2008, making him the
richest person in Southeast Asia.

Robert Kuok Hock Nien’s notes on the past sixty years
(On the occasion of Kuok Group’s 60th Anniversary 10 April 2009)

Read more…

Jul
28

It was a tenuous week; but the dollar was able to ultimately hold its own through the close. However, just because momentum behind the earnings-driven rally in risk appetite has stalled does not mean that the world’s most liquid currency has avoided a collapse all together.

Fundamental Outlook for US Dollar: Bearish

- Fundamentals support a recovery in US and global growth, but how does risk appetite factor in?
- Bernanke sees signs of stabilization, calls focus on the deficit
- Do technicals call for a dollar collapse or recovery.

Read more…