Is Company Ownership Stupid?

As you probably already know, when you purchase a share of stock you have bought ownership in that company. If you only buy a few shares your ownership percentage will be very small but you will own a piece of that company never the less. I recently ran across an interview of Mark Cuban by Entrepreneur magazine where Cuban stated that you shouldn’t invest at all. Continue reading “Is Company Ownership Stupid?”

Hide and Go Seek Quantitative Easing

As I mentioned in an earlier post, today kicks off earnings season. The predictions are that earnings will be negative for S&P 500 companies as a whole for the 5th straight quarter. The worst part of this news is that the S&P 500 index hasn’t seen five straight quarters of year over year declines since the Great Recession. Not great news for an economy that is supposed to be in a recovery. I have heard many analysts mention that they believe the last two quarters of the year will show a massive turnaround but who knows if this will actually happen. Continue reading “Hide and Go Seek Quantitative Easing”

Yes to Brexit

In short, the markets got hammered today after the news that Britain is leaving the EU. It’s stunning to me how violently the markets have reacted to this news. All in all I don’t view this as a good or bad decision, it is too early to tell right now. And I’m certain if the story was about Greece leaving the EU, markets would have reacted very differently. Continue reading “Yes to Brexit”