This is the second of a five part series on mistakes that I feel are made by new and inexperienced stock investors. I have either personally made these mistakes or seen others who have. You can read part one of this series here.
Mistake #2: They ignore their own knowledge. Though the name [...]
In a philanthropic change of heart, CNNMoney/Fortune reports that Warren Buffett has decided he will sell about 600,000 Berkshire Hathaway “B” shares each July and donate the funds to several foundations including the Bill & Melinda Gates Foundation. Buffett will sell a similar but progressively smaller amount each year. Berkshire Hathaway’s “B” shares [...]
The New York Times notes that European companies are importing a new idea from the US - bigger paychecks for their CEOs. A recent fat cat: Lord Browne of BP, whose salary tops $18 million.
They also note that a typical pay package for American CEOs includes $6.8 million in pay as well as [...]
Microsoft just announced that world’s richest man Bill Gates will be stepping away from Microsoft’s day to day operations effective July 2008 so he can focus more effort on his work at the Bill & Melinda Gates Foundation.
Gates will continue to serve as company chairman and adviser.
Everyone wants to achieve financial freedom. Unfortunately, most people don’t know how to get there.
The key to achieving that financial freedom, based on what I have learned so far, is to make your money work hard so you don’t have to. This means buying assets that generate cash flow, and growing your net [...]
This is the first of a five part series on mistakes that I feel are made by new and inexperienced stock investors. I have either personally made these mistakes or seen others who have.
Mistake #1: They buy stocks after the price rises. If the name of the stock investing game is to buy low and sell high, than the single biggest mistake made by newbie investors is buying at a higher price.