Category «Business and Finance»

More positive investment news

The stock market is kind of like eBay. If there are a whole bunch of people bidding in the same auction, the final price will generally be higher than if there were just a few bidders. By the same token, if more money is invested in stocks, overall prices increases. It’s the law of supply …

The Stock Markets: My Theory

WARNING: Let me preface this blog post by saying that although I am a CPA, I am not a professional investor nor adviser. You should take all of this post with a huge grain of salt :-) * * * * * I have always wondered why the three major stock market indices (DOW, S&P and NASDAQ) …

No customers at outlet mall

Yeah this is anecdotal evidence, but look at the available parking spaces at 2pm on a Sunday at the Camarillo Outlet mall! Normally, you would have to hunt for a space. The mall is giant–three separate sections–and this is in the middle of the main one. Yeah, *maybe* the economy has “bottomed”, but we got …

Eventually, we will have to pay the piper

It’s hard to understand the quick rebound in the financial markets, but it should be obvious to even the layman that you cannot truly borrow your way out of a financial bind, which is what the US government has done. We’ve only delayed the pain that *must* be felt and probably made it worse. “The …

It is *not* a good time to buy a home

Yup. That’s right. It is not a good time to buy a home, at least in California. “But housing prices seem to have bottomed!”, you say, and “interest rates are at historic lows!” Well, allow me to explain. Because, homes are so expensive in California, people tend to buy as much house as they can …

Will extending unemployment benefits make labor stats look worse?

I think it’s pretty common knowledge that unemployment statistics are understating unemployment because they fail to count those still out of work, but have exhausted their benefits. I wonder, then, that if they extend unemployment benefits, will unemployment statistics spike as those still unemployed folks are re-added back into the system and, thus, counted again. …