One of the side stories coming out of the bank bailout has been this: some banks are actually using the money — to buy other banks! My first reaction when seeing this headline, was “why can’t these banks do what we ask them to do?” I did read a story recently where some banks that [...]
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Investment Advisor in Bloomfield Hills, MI Cyrus Kashef
Why did my stock go down?
November 15, 2008Don’t worry about “why” your investment is falling. Focus on “what” instead. What is happening now. Don’t worry about “WHY”…everyone is doing that. Gyrating stock prices are getting swung around by deceptive news headlines, faulty stories — all designed to play on your emotions. Do we really NEED to know “why?” If a chart is [...]