Monday, January 25, 2010
Invest in banks
Goldman Sachs dropped a good 5-7% late last week. This is mostly due to Obama's statement that the banks should be regulated and controlled so they cannot grow too large. The stock market overreacted and Goldman Sachs and most bank stocks fell. I expect them to recover as Obama should say something to appease the investors soon.
Sunday, January 17, 2010
Gamble Gamble Gamble!!!
Las Vegas Sands (LVS) is a stock that was over 100 only a year and a half ago. Then it took a huge hit when the economy went bad and went down to 2 in March. However, it has since recovered some of that even though the economy did not really increase its fundings in 2009. I believe it was due to the drop in real estate values and the lowered income from less people gambling. I am thinking that it will increase again with business being driven by Macau where the Chinese are known to be addicted gamblers.
Wednesday, January 13, 2010
A good play on Baidu?
Stock play? With Google planning to leave China, is this a good idea to jump into Baidu? Without Google taking part of Baidu's market share, Baidu will most likely dominate, especially since they have the backing of the Chinese government. In addition, millions of people in China still have no way of accessing a computer or the internet for that matter. With the continuing growth and development of China, look to Baidu continuing to increase its market share.
Tuesday, January 12, 2010
Investing for dummies?
I opened up a stock trading account on scottrade just to see what this hoopla would be about. After the market tanked and hit its low in March of 2009, the stock market has gone soaring since then. Feeling as though I am missing out, I decided that I should invest some money to hopefully earn some money. I dabbled in it in the past but after the internet bubble burst in 2000, I stayed away from fear. Time has dissipated some of that fear so I am back to trying. Lets see how it goes.
Subscribe to:
Comments (Atom)