20 Jul, 2008
Right now, my largest stock position by far is in a Texas cafeteria chain called Luby’s. Unless you’re from Texas, you most likely have never heard of this company. Your average trader/investor on Wall Street certainly knows next to nothing about this company, which makes me feel like I have an advantage over the market. Here are the four main reasons I have most of my cash parked in Luby’s stock:
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1 Jul, 2008
The 2008 election season has not fully started yet, but it is something to think about over the next few months. Depending on who you think will win,
John McCain or
Barack Obama, you may be more inclined to put money in the market or stay on the sidelines.
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17 Jun, 2008
Over the past year, oil (the commodity) has rocketed upwards. In 2008 alone, USO (an ETF that track’s oil’s price) is up 44%. Over the past 52 weeks, this ETF is up around 12%. Oil’s price increase, and the associated increase gas costs, are all over the networks and on television. It seems you can’t watch a half hour news show without someone whining about the rising gas costs.
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26 May, 2008
The classic tech behemoth, Microsoft, has both a consumer and business customers. Most of us are familiar with its consumer side, though its business side is actually which brings in most of its revenues. Most of my knowledge is about Microsoft’s consumer side, whose prospects are looking increasingly atrocious in my opinion.
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