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I've only done one weekly roundup so far, and I'm already changing the name. I hope you like the new title of this semi-fortnightly rag better.

Here's this week's flophouse news from around the 'net.

  • Why it pays to ignore financial news by J.D. at Get Rich Slowly — I agree in part that cutting down the amount of news you read will conversely increase your sanity. However, there's some really good (informative, not necessarily positive) financial news out there if you know where to find it. Fortunately, I've dug up a bit of it for you, so don't have to look so hard. Now you get to decide whether you want to read on or stop here. ;)
  • Bear Bottom from The Economist — Not very heartening news, but bear markets don't have to be bad. There might still be some good money to be made.
  • Stocking Up Their Financial Web Sites from IBD — Isn't it funny how, despite rising gas prices, declining dollar values and increasing inflation, the still relatively unregulated Internet continues to make things cheaper? Next to free beer, free real-time stock quotes are a bum's wildest dream come true!
  • The war against retirees at Unenumerated — Half-rant, half-historical lecture, all interesting; the author of this post argues that the recent commodities boom is in large part due speculation by retirement funds – and why that speculation should continue.
  • Financial Stocks Still Shaky Despite Lehman's Rebound at CNBC — And if you listened, you're smart. Lehman gapped down on three times average volume the other day. Other financial stocks aren't lookin' so hot either.

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