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76US Dollar Purchasing Power
As is said, a picture is worth some hundreds of words or something like that. This pictorial chart (below) is the whole purpose of this hub; it simply makes the point that the US dollar has lost a lot of...
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62Financial Musings
You may have heard of Warren Buffet. He is considered by some to be one of the “genius” investors. From what I hear, a thousand dollars invested in his investment vehicle (Berkshire Hathaway) when he...
0 comments59Bud's Market Observations - Jan 27, '08
Early this past week, stock markets throughout the world dropped substantially. On Monday (Jan 21,'08), stock market valuation typically fell over 5%. Then, when exchanges opened on Tuesday, the declines...
0 comments58Bud's Market Observations - January 12 2008
Oliver "Daddy" Warbucks lost his place from the top of "The Forbes Fictional Fifteen" list. Warbucks was top for 2006. Now Santa Claus is on top in the 2007 list. Mr. Claus probably moved up when his...
0 comments57Bud's Market Observations - 10th Feb 2008
Just recently, I ran across a book titled, "Faster - I'm Starving". It's a cook book about cooking fast meals. With a couple of interest rate cuts in so many week, seems that the US Federal Reserve might be...
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57Bud's Market Observations - June 6th, 2008
- - - - - - - - - Inflation attacks!In evaluating one's investments, it is useful to remember the market adage: "Bull markets climb a wall of worry, while bear markets flow down a river of hope". From where I...
7 comments
57What's up with gold
During the past two months, we've experienced the price of gold decreasing at a relatively fast rate. So, what's up? - - Or should I say, what's down? As most who follow investments know, gold hit a high of...
2 comments58Bud's Market Observations - Dec 9th, 2007
"If you live in a cave (a cave without a mortgage, that is), you've probably not been aware of the economic news of the great subprime mortgage debacle. Otherwise, you probably know that a relatively large...
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55Bud's market observations - June 27th, 2008
Are we there yet? Actually I don't know where "there" is, but no, we're not there yet. "There" could be a new era of growth and prosperity or could be the end of the financial world . . . or could even be a...
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