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March 25, 2005

To invest or not to invest

Filed under: by Becky Hawk at 12:38 pm

I have been circling around the same idea when it comes to finances for a long time. I desperately need to learn more about investing. I mean where should someone look if they want to know the truth about the market, the chances of making this my house fund, which stocks to trade in and….well I have so many questions. This may sound silly but right now my way of saving is keeping all of my change (except for quarters as I need them for my single and fabulous apartment washer and dryer). Investing includes buying things that are practical, like my exercise ball, it is a great work out piece and I hope this is ok to write but it is very fun when you have a cute boy over ;) I would love any advice about the market and investing!!
-B

March 22, 2005

Wall Street and Oil Prices

Filed under: by site admin at 12:28 am

USA Today wonders how long Wall Street will remain blase about oil prices?

Adam Shell reports:

NEW YORK — $50 oil has not turned out to be a major depressant on stocks after all. But what about crude at $60 per barrel? $65? $70?
Or how about $80, which would roughly match the inflation-adjusted peak hit in 1981?

Crude, which jumped 32 cents Friday to a record high of $56.72, is flirting with the “Big Six-O.”

Until now, stock prices have remained stubbornly solid, despite the fact analysts had much lower crude prices plugged into their stock valuation models at the start of the year.