I am stunned how easy it is to invest with Lending Club. However, I do not say it is easy money, so do nothing when investing with Lending Club. An investor still should do the due diligent work, study the loans, diversify as much as possible and reinvest. If you plan to throw your money Continue reading →
Investors freaking out based on Bloomberg’s Boo-boo news about AT&T (T) and Verizon (VZ) who announced development of their own mobile payment processing expecting to displace Visa’s (V) debit cards and thus threatening Visa and Mastercard (MA) and who were then selling those stocks – now be ready to buy them back. AT&T and Verizon Continue reading →
Another weekly review of my investing effort. You can review how my portfolios were doing this last week, review my Trading account, which is my aggressive portfolio where I buy individual stocks, my ROTH IRA retirement account which is my dividend investing portfolio (to which I am focusing the most right now) and my Lending Continue reading →
The Bloomberg article says that AT&T and Verizon are “planning a venture plan” that is to displace credit and debit cards with smartphones, and such plan is posing a new threat to Visa Inc. and MasterCard Inc. The trial would be the carriers’ biggest effort to spur mobile payments in the U.S. and supplant more Continue reading →
Recently Visa (V) was pushed down several times and mostly because of boo news. Somebody is clearly manipulating the stock. Somebody is scared of Visas prospect. Why? Who knows and who cares. The best of all this is, that Visa is still a 100 dollars stock. Buying at these levels we experience today provide you Continue reading →
This week the stock market was like a ride on a Roller coaster. Stocks were driven by sentiment and news about earnings. One day a great optimism about companies making great money switched to a pessimism that those same companies didn’t make as great deal as originally claimed. Sometimes I feel like it would be Continue reading →
As I feared on Friday last week that one of my notes may default, the borrower paid today. So all my notes are current. It however doesn’t mean anything, since the borrower may default next time, but at least the risk is lower now. Today I also purchased a new loan note completely funded by Continue reading →
Some companies which are major components of S&P 500 reported better than expected earnings. That moved the stock market to a rally attempt. Will this be a sufficient catalyst for the market to sustain the growth? We will see. Caterpillar Inc., 3M Co., UPS Inc. and AT&T Inc. all topped earnings forecasts and raised their Continue reading →
Trading Account: New [tag]stock picks[/tag] this week: Stocks bought or added to portfolio this week: none Stocks dropped from portfolio this week: none Stocks watched this week: none Existing & new [tag]holdings[/tag]: Symbol Qty Last Gain($) Gain(%) Stop ATR Risk tostop (%) [tag]V[/tag] 20 71.45 -93.19 -6.12 67.28 2.3500 -11.60 Contribution this week: $0 Current Continue reading →
Trading ended with a huge loss today: NEW YORK (Reuters) – Downbeat consumer sentiment data and weak revenues from GE and two big banks slammed stocks on Friday, driving major indexes down more than 2.5 percent. The Dow Jones industrial average (DJI:^DJI) slid 261.41 points, or 2.52 percent, to end unofficially at 10,097.90. The Standard Continue reading →
Recent Comments