Forex update – GBP/sterling pound this week

Posted on August 31st, 2008 in Forex by RaduH

Interestingly enough, this week the sterling pound has dropped to its lowest level in 12 years against a broad basket of currencies amid a wave of weak economic performance indicators released. This GBP weakening kept alive a talk about a cut in interest rates by the Bank of England. Sterling’s trade weighted index hit 89,5, the lowest level since October 1996, and the pound fell close to a record low against the Euro.

In the second quarter, UK’s economy virtually grounded to a halt, whilst the houses prices fell at the fastest pace since August 1991. Even worse, the UK retail sales plunged to their lowest level in 25 years. This raised expectations of interest rates cut, which would further undermine the pound’s appeal to investors. “The recent ULK data have been universally bearish for the pound and the path of least resistance remains further weakness”, said a JP Morgan analyst.

Share/Save/Bookmark

Investing techniques - how to research a company

Posted on August 29th, 2008 in Investing strategies, Uncategorized, investing techniques by RaduH

Investing researchThere are many ways to research a company nowadays, especially with the rise of the internet as a research tool which is both 24 hours available and omnipresent. DoItInvest has applied these sources constantly and has found that some investing research properly done in advance of buying anything might really help. We at doitinvest had a lot of experiene with both the accademic / MBA-like research tools for investing (which are often associated with professional investing) and with the less usual methods of research (often the unconventional investing can be the most effective, as I’m sure you’ve experienced before). So here we go with the list of potential investment research methods, from the easier ones to the more difficult:

Share/Save/Bookmark

US banks update - shares evolution

Posted on August 25th, 2008 in Stocks by RaduH

banks US banks update - shares evolutionAfter the recent growth in the US banks shares, we at doitinvest.com though it would be interesting to update and see how our portfolio looks like. One of the first blogs here at doitinvest.com was analysing the bank shares and ended up with a sector prudent buy reccomendation.

Share/Save/Bookmark

US banks to be tougher regulated

Posted on August 25th, 2008 in Stocks by RaduH

Efforts to improve U.S. financial regulation are seen to be accelerated early next year, as a new Congress and administration seek to protect public money put at risk by recent rescue measures. (see the case of Fannie Mae and Freddie Mac).

Share/Save/Bookmark

Forex update - US dollar loosing its edge on other currencies

Posted on August 24th, 2008 in Forex by RaduH

It seems that after a very strong start at the beginning of August, when the US$ has reached almost 1,51 to the Euro. However, it seems that investors are marking their profits today Aug 23rd. Of course, the low prices of oil did help this too, whilst the gold prices forcing the 1,000 USD a troy ounce limit.

Share/Save/Bookmark

Software companies update - Google to close deal with Verizon

Posted on August 22nd, 2008 in Stocks by RaduH

The mobile service provider Verizon Communications Inc. is nearing an agreement with Google Inc. on a wide-ranging partnership, the Wall Street Journal said, citing people familiar with the situation.

The deal under discussion would make Google the default search provider on Verizon devices and give it a share of ad revenue, the paper said.

Share/Save/Bookmark

Famous investing quotations 15 - networking in investments

Posted on August 22nd, 2008 in Investment quotations by RaduH

Companies gain the advantage of a network at a price; they become dependent on outsiders whose behaviour can affect them but who they do not control.

Rosabeth Moss Kanter (b. 1943) US management theorist, academic, and writer. ‘How E-Smart Are You?’, 

World Link  (January–February 2000)

Share/Save/Bookmark

Top 10 brokerage houses

Recently Starmine published a top 10 of the brokerage houses in Europe, based on the number of awards they obtained in 2007-2008. Whilst this is not a 100% performance accuracy predictor, it says something about the process quality of these brokerage houses:

Share/Save/Bookmark

Famous investing quotations 14 - pirate investors

Posted on August 21st, 2008 in Uncategorized by RaduH

It’s better to be a pirate than join the Navy.

Steve Jobs (b. 1955) US entrepreneur, co-founder and CEO of Apple Computer Company, and CEO of Pixar. 1983. Quoted in 

West of Eden (Frank Rose; 1989)

Share/Save/Bookmark

Famous investing quotations 13 - about individuality

Posted on August 20th, 2008 in Investment quotations by RaduH

 

Be an individualist—and an individual. You’ll be amazed at how much faster you’ll get ahead.

J. Paul Getty (1892–1976) US entrepreneur, oil industry executive, and financier. 

How to Be Rich (1965)

Share/Save/Bookmark

Next Page »