Archive for March, 2009

FDIC Insolvent?

Below is an article from Bloomberg about the FDIC Insurance fund being insolvent by year’s end.
March 4 (Bloomberg) — Federal Deposit Insurance Corp. Chairman Sheila Bair said the fund it uses to protect customer deposits at U.S. banks could dry up amid a surge in bank failures, as she responded to an industry [...]

Tuesday March 10th, 2009

So it’s finally mid-March and today is the first day of the rally that will last for a couple of months. Today we purchased some MasterCard, Google, Potash, and Wells Fargo for our Portfolio. This market will pullback so purchase any positions on pullbacks. The news that will come out over the [...]

Does Saving Money Hurt the Economy?

Is your saving more money hurting the overall macro economy? It is called the Paradox of Thrift. Well a number of economists have debated this question more intensely for the past 15 months. Below is an article I found on Consumerism Commentary. I feel the author explains the argument pretty well from both sides. 
The Paradox [...]

Easy Steps to Starting a Company

Below is a step-by-step guide to properly starting a company, more specifically a Limited Liability Company (LLC). If there are terms or concepts that are unfamiliar to you, click on the links within the text for clarification.

Start with a new idea or an improvement on an existing product or service. You can generate these ideas [...]

Book Club Start Up!

Hello everyone, we are very excited at how fast the traffic on MoneyIsJustAnIdea.com has increased over our first couple of months. For our peers to become more interested in improving their financial stature is very important to us and was the reason for starting the blog.
In light of all of the new interest, we [...]

Citi Stock or McDonalds Double Cheeseburger

People keep asking are stocks cheap. Should I buy these “USED TO BE” great companies at these historical low levels! NO! Citigroup (Public, NYSE:C) closed at $1 dollar today. Many uneducated investors are licking their chops like “man, I get that now and it goes back up to $50 dollars, I’m [...]

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