Reading Time: < 1 minute Not so good. iPod growth slowed (finanlly). iPhone can not make up the hole left by iPod. As I read from MarketWatch, while Mac is exploding, but it has one problem: with economy slowing, people won’t blow extra 1000 bucks for Mac (why not just buy a Dell). I think Steve should do everything to
Reading Time: < 1 minute William Ding Lei is the founder, and Chairman of NetEase. He talked a little on the bubble in the stock markets during an interview lately (link here). I shared Ding Lei’s insights because he has been through the full cycle of the stock market: right after NetEase (NTES) came to Nasdaq in 2000, the dot
Reading Time: < 1 minute I waked up at 5:30 this morning, and turned on CNBC. I knew all the markets are down last night, but I am still curious what the US market will look. One of the reporter in Tokyo says all the eyes are on the US Fed (hint a 75 base point cut). I went back
Reading Time: < 1 minute Shui Pi, the editor-in-chief of ChinaTimes, predicted this China drop (or crash) in his paper. Here is the link to his article. Quoted some here: 水皮杂谈:第二次“5·30”的概率有多大 2007年的最后一期水皮杂谈,题目是“何时才能满仓等待暴跌?”,文章缘起和讯的编辑对水皮的采访,其时上证指数在4700点附近,水皮的结论是对于大多数的股票而言,已经错失满仓等待暴跌的机会了。因为绝大多数的股票在11月中旬上证指数单针探底5000点时已经探明了底部,在此后一个月上证指数的反复下探过程中,大多数的股票不但没有随风飘零,反而走上了自己的上升通道。也就是说,“八二”现象其实已经悄悄地在我们身边生成了,最近的统计数据则更能说明问题,沪深两地的上市公司中有60%的股价已经接近6000点时的价位,而深成指和深综指均已接近前期历史高位,中小板指数早就创出新高。
Reading Time: 2 minutes It looks like it. On Monday Jan 21 we have the biggest drop of global stock markets in recent years (see the quoted news below). I want to talk a little about the Chinese market in specific. It appears to me two pieces of news helped driving the market down. The huge secondary offering of
Reading Time: < 1 minute Read this from trader818. While I don’t agree everything here, I think the principle applies. I also want to add one thing: if average down too many times (and never make money), something (the market or the stock) must be wrong. I learned the hard lesson from Longbottom (LFT). 最近有不少朋友问我大势这么差,是不是该逃跑,或者买点put hedge上。 我的观点是,从长期投资角度讲,现在已经出现很多值得关注的股票,该做的不是逃跑 , 而是参与。 熊市里面很难赚钱,特别要防范风险,选股票时候需要注意几个问题
Reading Time: < 1 minute Last week I received the new credit card from CitiBank, which I immediately put it in use by transfering some of the high interest (7.75%) debt in my HELOC to this account. Note this 0% offer is valid for one year. I found out this offer from MyMoneyBlog. I have done credit card balance transfer
Reading Time: < 1 minute From YouTube, the event was hold on Tuesday (Jan 15 2008)
Reading Time: < 1 minute Shoe retailers Here are some of the major shoes stores in the US. Snapshot from the Shoe Carnival ICR XChange 2008 conference. X axis stands for the choices of shoes; Y axis stands for income level of customers. My own experience In recent years I bought most of my shoes shoes from online stores such
Reading Time: < 1 minute 401k My new 401k plan did first purchase yesterday. I got 0.47 shares of company stock plus other mutual funds. If this rate holds, I am going to get 12 shares this year 🙂 MasterCard CCF settlement I registered for $25 settlement fees. Now waiting its arrival to my mail box…I understand it will take
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