Yesterday, before the market rallied, I logged into my brokerage account and prepared to sell my entire position in the Financials Ultra Short ETF (SKF).  The stock was up to about $140 after the string of ugly events in the financial sector.  I was about to unload the entire position and roll the money into Apple (AAPL) stock as Apple had hit a low of around $125 a share.
Unfortunately, I didn’t pull the trigger.  I thought, this thing has some legs so I’m going to let it run it’s course …

One of my favorite topics to talk about on this blog (besides stocks of course) is multiple income streams. I’ve said it many times that today is easier than every for an individual to create a second income stream through an internet-based type of business. My favorite is a blog. Today, I’m going to talk about an important part of getting a blog off the ground: web hosting.

Stocks continue to plunge as more and more fear spreads about the U.S. financial system and the overall economy. Ugly is getting uglier. The Dow is now around the 10,600 mark. The questions remain: How are you reacting to these events? Are you fed up and pulling your money out (and taking huge losses while you do it)? What should you do?

The decade of your life known as your 20s are a crucial time of your life. Financially, it is the most important decade of your life. Here are five reasons why this is true:

I’m not going to go into a detailed analysis of the factors at play in this financial system crisis that is affecting truly the world economy. There is plenty of that on TV, on the internet, etc. I will, however, keep you updated on my actions during this time.
Currently it is my thought that until this thing shakes out further, I would stay away from most stocks. I wouldn’t necessarily be selling positions (unless they are financials), but I think the market has further to go before …

One of the biggest things you should take from today’s wall street meltdown is that just about everybody has no idea what they are talking about.  How many times have you heard an “expert” on CNBC call a bottom in financials over the last several months?  Not only were the not right, but they were extremely wrong.  The fact is that today is the worst day in the continuing financial crisis in America.  Lehman Brothers, one of the most prestigious financial institutions in our country, has gone under.
We have been …

The current market is ugly. Most investors are losing money. However, if you are a new or a young investor, you shouldn’t be troubled by today’s market. You should be encouraged because you have better entry points. You do not want to start investing at a high time in the market which is usually what everyone does. Then stocks correct and the new investors pull their money out. The result is a loss and a short lived investing career.
So, today, I am going to …

Oil is down around $100 after peaking at $147. Natural gas is down 50%. Some of my favorite stocks, namely Chesapeake Energy (CHK) has gotten CRUSHED in recent days. Clearly, the commodity run is over. Or is it?
Is it possible that we are in a correction on the way to a continued run in commodities? Possibly reaching even higher highs than before? Let’s take a look.