Worthless Financial Products
Listen. Some financial products are so worthless and without merit to the consumer that they belong in the junkyard as far as you’re concerned. Here is my admittedly non-comprehensive list of some these dubious products.
Evaluating A Covered Call
So, for whatever reason, I bought 100 shares of NVidia (NVDA) on February 19. I like their technology graphics cards and Christmas 2010 could prove to be a big win for them considering all the pent-up demand there is for new computers. On the other hand, I think AMD is running away from CPU manufacturing [...]
Motley Fool’s “4 Proven Options Strategies”
I’ve been reading the Motley Fool stuff on and off for more than ten years now, since they were just a forum on AOL. I like to think I learned a bit of useful information from them like how to evaluate a mutual fund based on its expense ratio rather than its historical performance, or [...]
If You Can’t Beat ‘Em … Jared’s Portfolio Of Evil
Would you invest in a company that peddled death, took advantage of the sick, polluted the environment or abrogated workers’ rights? Or are you one of those goody-two-shoe “ethical” investors who wouldn’t touch a company like Altria (MO) with a ten-foot pole? Yeah, right. Cry me a river. I’m in it for the money, and [...]
Funding Education – Why 529 Plans Are Bogus
Since my children are now 5 years old and 20 months old, and since I just paid the last $4000 on my student loans, I recently looked into my options to help fund the boys’ education. It seems people are falling for these “pre-paid tuition” 529 plans in droves, so I decided to take a [...]