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Macroaxis Wealth Management Collaboration Platform and Community
http://www.macroaxis.com/blog
The dot-com crash in the beginning of this century taught many investors a basic lesson: diversification matters. A combination of rapidly increasing stock prices, individual speculation in stocks, and widely available venture capital created an exuberant environment in which many investors became unexpectedly wealthy. The bursting of the dot-com bubble created the completely opposite effect, as many unprepared and uninsured investors lost their fortunes as quickly as they acquired them just a few years before.
- Added on: Oct 24th, 2008
- Country: United States
- Language: English
- Author: macroaxis
- Listed in: Finance Investing
- Tags: stocks finance investment stock market invest etf
Recent Posts
The Simple Dollar Time Machine - July 18, 2009
Many newer readers of The Simple Dollar haven’t been exposed to the hundreds of great articles in the archives of the site, so this is a weekly series that highlights the five best posts from one year ago this week, as well as the five best pos...
Failure Of Obama’s Foreclosure Plan Imperils Democrats
Politico delivers the latest news from Capitol Hill. It doesn't look good for Obama and friends. The Obama administration’s $50 billion program to curb foreclosures isn’t working, and the White House knows it. Administration offici...
BREAKING ON CNBC: Roubini Still Bearish
Whaddya know? CNBC has a sense of humor. Join the conversation about this story »See Also:Roubini: The Media Screwed Up, I'm Not Predicting GrowthCramer: Roubini And Meredith Whitney Have Capitulated!...
The Total Money Makeover: The Debt Snowball
This is the sixth of twelve parts of a “book club” reading and discussion of Dave Ramsey’s The Total Money Makeover, where this book on debt reduction is teased apart and looked at in detail. This entry covers the seventh chapter, fini...
Only 4 Banks Failed This Week
Not bad. Compared to the six bank failures we saw in the recent July 4-shortened week, this week's four bank failures seems positively insignificant. Here are the following four banks, and you can click on each to get info on them, if you happen to b...
How CIT Tried To Buy Itself A Bailout
Today's must-read is the WSJ's account of CIT's multi-prong effort to secure a DC bailout in the months before its collapse. On June 17, Jeffrey Peek, chief executive officer of CIT Group Inc., spoke at a conference in the nation's capital where the ...
