Latest News From The World
Fox BusinessAIG Profit Misses Estimate; To Buyback Addl $2.5 Bln StockRTT NewsAmerican International Group Inc (AIG: Quote) on Thursday reported a plunge in fourth-quarter profit, hurt by debt charges, workers' compensation expense, and reserves provision. The insurer's operating earnings, which exclude one-time items, came in …AIG's … Read entire story.
Source: Business – Google News
The default prudent investment strategy these days is essentially a “buy and hold” (or, more precisely, “buy, hold, and rebalance”) strategy with low-cost index funds or ETFs. I’m convinced that a normal, early stage of investment literacy is mentally testing out various ways that somebody could do better than such a strategy: picking winning stocks, […]
Today, I will be closing my first trade of the year where I went long Apple ($APPL) and shorted AOL inc ($AOL). That trade is now up over 47{04524d497bea0ade6defd1388b5c9b25998d95475e2938b4fa9d615e63ad1540}, not too bad right? It has certainly helped the overall portfolio which is up 11.42{04524d497bea0ade6defd1388b5c9b25998d95475e2938b4fa9d615e63ad1540} (see all trades here). Why am …
Singapore on Monday announced income tax rises for the top five percent of the population to fund rising social spending targeted at the poor and elderly in the rapidly ageing city-state. The marginal personal income tax rate for those earning above Sg$320,000 ($256,000) a year will rise to 22 …