In your interest.
Online Personal Finance Magazine
No beating about the bush.
When Bear Stearns was bought out by JP Morgan in mid-March for just $ two a share, someone lost over a billion dollars in wealth. It was Joseph Lewis, the Bahamas-based reclusive English billionaire currency trader, also the principal owner of the UK football team – Tottenham Hotspur. Lewis started buying into Bear Stearns last year after the first round of subprime crisis clobbered the stock...
When your relationship with your broker sours, you realise he holds all the cards. So, take care beforehand
After Prime Securities announced a hefty Rs23 crore mark-to-market provision, investors are running scared; they fear that several big brokerage firms may be in for tougher times, close branches or, worse, dump some losses to client accounts. Plenty of such complaints are already cropping...
In markets you can’t rule out anything. Hindustan Lever as a momentum play? That's what we have turned up with this fortnight. This variety of stock grader tries to capture the more recent moves of a stock. It lets the more active investor focus on stocks that are currently on an uptrend. The emphasis is less on the fundamentals of a stock and more on price strength and lower volatility....