Category: money
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British Petroleum (NYSE:BP) (Part 3)
MarketWatch: The Case for Buying BP “Here’s the simple reason: BP is trading at around $32 right now and the stock is priced as if it’s going out of business. And that probably isn’t going to happen. “
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British Petroleum (NYSE:BP) (Part 2)
What happened this morning? I woke late to find I’d missed a chance to buy NYSE:BP under $30/share. I almost went to work without making a purchase. But anxiety subsided and I bought in at $31.22. This holding is in addition to my investment club strengthening their position this morning at $29.78. Why did I…
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British Petroleum (NYSE:BP) (Part 1)
Who is British Petroleum? (Wikipedia) British Petroleum (BP) is the UK’s largest corporation and is the fourth largest company in the world. It is one of six “supermajors” or vertically integrated private sector oil exploration, natural gas, and petroleum product marketing company. What are they doing to The Gulf of Mexico? (Wikipedia) On 20 April…
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Investing Theory – Market Speculation
Why should market speculation be profitable? In this article I will explain why market speculation should be profitable. Disclaimer: I have never owned a stock outside of my retirement accounts and am therefor basing this theory entirely off of intuition and logical analysis. I have never been a day-trader. Furthermore, the following analysis assumes that…
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Top 10 Richest People in The World
Rank Name Country NetWorth NetWorth Change Age Bio 1 Carlos Slim Helu Mexico $53.5 bil UP $18.5 bil 70 Assets in Latin America’s biggest mobile phone company. 2 Bill Gates United States $53 bil UP $13 bil 54 Software visionary and world’s biggest philanthropist. 3 Warren Buffett United States $47 bil UP $10 bil 79…