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The best investments of the past 52 weeks
While browsing and reading a bit I found an interesting chart from The Big Picture that shows how different investments did last week and over the past 52 weeks. Perhaps somewhat surprisingly, the best investment you could make last week was the US dollar, this currency gained an average of 4.2%. That’s one percent more…
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Bear arrives in Wall Street
Many people lost thousands of dollars in this bear market but the bear sure is a party animal. Here he is kicking the bull’s ass in Wall Street:
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And it got even crazier
Last week was pretty crazy but it has become even worse. The Bel20 (a Belgian index) lost 7.98% today while the Dow Jones plunged 700 points (-6.98%) which is its biggest-ever point drop. The Nasdaq crashed 9.14% today and the stocks of most firms are down hugely. The S&P500 dropped 8.79% – it’s biggest loss…
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What a crazy week
If you’ve been following the economic news you’ve probably noticed the past couple of weeks have been very crazy. Here’s a quick overview of some of the more significant events that happened lately: September 7, 2008 A bit more than a week ago the US government nationalized Fannie Mae and Freddie Mac, the two biggest…
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NVIDIA’s bull is back
I bought my first NVIDIA shares about a half year ago and one of the things I learned during that time is that this is a very volatile stock. Out of all the stocks I own or have owned NVIDIA makes the biggest jumps and dumps. In March-April the stock traded in the $18-$20 range,…