Tag Archive

Investing in stocks now seems idiotic

Published on March 5, 2009 By BitLizard

Well, I’ve often heard that when the stock market bottom occurs it will feel absolutely horrible to own stocks and even foolhardy to contemplate a new purchase. It certainly feels like that now. Its hard to summon the requisite optimism to even look at the market or even my stock screen at this point. But [...]

A Brief Moment in the Sun

Published on December 20, 2008 By BitLizard

Since starting my model stock portfolio in mid-October, it sure has been a wild ride. TickerSpy, which is a great (and free) portfolio tracking sevice and community site, has shown my portfolio up by as much as 25% and down by a dismal 30%, all in just a short two month run. After trailing the [...]

$1 Trillion Dollars a month

Published on December 11, 2008 By BitLizard

Ritholtz reads the Federal Reserve Bank’s flow of funds and discovers that household net worth is falling at the breathtaking rate of $1 trillion dollars a month. Just 56 more months of this and the entire country will have negative net worth! Eeeeyyyaahhhhwww!!!