Apple Should Ditch the iphone??!!

Here’s a fun trip in the wayback machine: in March of 2007, technology columnist John Dvorak had some critical comments about the soon to be released iphone such as:
“its phone, even if immediately successful, will be passé within 3 months” and “If it’s smart it will call the iPhone a ‘reference design’ and pass it [...]

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Another Useless Prediction

On May 7th, Jeff Mortimer, CIO of Schwab’s investment management arm described the stock market low of March 9th as a “textbook bottom.”
Shame on you, Jeff. How hard is it to look back and see a bottom after a 36.4% two month gain (on the S&P 500)? And how do you know that the market [...]

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Inflation: If You Wait Until it Arrives, You’ll be too Late

Despite the current benign inflationary environment, inflation poses a threat to your financial well-being as great as that of market volatility.
And if you think you’ll be able to see it coming and react fast enough to protect yourself, guess again. Like stock prices and interest rates (and every other financial or economic variable), inflation is [...]

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Institutions Switch to Indexing

The investment strategy of indexing has been around a long time but in the wake of the abysmal performance of actively-managed funds in 2008, some very big institutional investors are adopting the strategy (again).
Read the whole story
Read the disclosure.

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Michael Jackson Dies Awash in Debt

The death of superstar Michael Jackson is terribly sad on so many different levels. Particularly, his insatiable desire for the material trappings of success: Jackson reportedly owed over $300 million and was spending $30-40 million more each year than he brought in.
Clearly, “wanting less” is a much better prescription for contentment than “getting more.”
Read the [...]

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