Many people thinking negatively say that we have been in a recession for over a year. These are the same people who claim we had a recession in 2001. The sad truth is that our country has NOT been in a recession since the first Gulf War in 1990-91. That’s right; let’s look at the [...]
Dividends are being cut at the fastest pace in at least 50 years, and many of the reductions are coming from U.S. companies investors have been relying on to provide income during the recession.
Here’s some advice: DO NOT RELY UPON OTHERS FOR INCOME! It’s called being self-reliant; you can learn a lot at [...]
There are many companies (both large and small) that are closing lately. Many of them just simply have run out of capital. This creates a great buying opportunity for entrepreneurs. So, how do you determine the value of a business that you want to purchase? Here’s a simple formula that can [...]
There was a documentary released in 2006 called Who Killed the Electric Car?. This movie really provides detailed information about the the auto industry and possibly why the big three auto makers are in their current financial mess. They have the technology and the ability to produce these electric cars at affordable prices, [...]
On Wednesday, the contract tumbled $5.95 to settle at $42.63 after the Energy Information Administration said that inventories of commercial crude oil inventories rose 6.7 million barrels. That was well above the 1.5 million-barrel build expected by analysts surveyed by Platts, the energy information arm of McGraw-Hill Cos.
Obviously, with all the lay-offs, job losses, and [...]