Della Farrell April 30, 2010
Based on the current value of our WNC stock (WABASH NATL CORP)I would continue my investment. This stock has provided to be extremely fruitful with our earnings from it to be 2,937.20 dollars. I would also continue our investment in IDSA (INDUS SVCS AMER). From IDSA we have gained 3,562.20 dollars. I would however discontinue our investment in TWILL. We have lost 247.60 dollars. I would not sell it right away I would sit on it until we make back some of what we lost and then I would sell it because TWILL provided to be an unreliable and unprofitable investment.
If I were to use my own money in this game I would invest in companies like Microsoft, Coca Cola and Google. Even though my profit would be slow growing I would not mind because I find trading to be too risky for my tastes.
Friday, April 30, 2010
Tuesday, April 27, 2010
WPVLX - Mutual Fund
RACHEL MINDIN
A large value mutual fund is WPVLX (Weitz Partners Value). This mutual funds holds large blue chip stocks such as Coinstar Inc, Dell Inc, and Berkshire Hathaway. This mutual fund is a no load because there are no fees and management expenses. The mutual fund runs at $19.24 per stock. The morning star rating of this mutual fund is three stars.
A large value mutual fund is WPVLX (Weitz Partners Value). This mutual funds holds large blue chip stocks such as Coinstar Inc, Dell Inc, and Berkshire Hathaway. This mutual fund is a no load because there are no fees and management expenses. The mutual fund runs at $19.24 per stock. The morning star rating of this mutual fund is three stars.
Della April 27, 2010
A. The mutual fund I chose was the American Funds Capital Inc Bldr R6. This is a large fund with great value.
B. The American Funds Capital Inc Bldr R6's top three holdings are AT&T Inc, Philip Morris International Inc and Banco Santander SA.
C. Current Price-48.60 and it is currently performing extremely well, it is up .02 .04%
D. The total expense ratio is .36%. There is not a sale fee but there are other fees.
E. The average Morning Star Rating is four stars.
B. The American Funds Capital Inc Bldr R6's top three holdings are AT&T Inc, Philip Morris International Inc and Banco Santander SA.
C. Current Price-48.60 and it is currently performing extremely well, it is up .02 .04%
D. The total expense ratio is .36%. There is not a sale fee but there are other fees.
E. The average Morning Star Rating is four stars.
Friday, April 16, 2010
Berkshire Hathaway 4/16/2010
Della Farrell 4/16/2010
Warren Buffet's Berkshire Hathaway Inc. is one of the top companies on the market today. The multi-billion dollar corporation is a giant in the stock market yet many investment strategists warn against investing. Because the company is so huge there lacks the possibility of risk -a key factor in making a profit- so the amount you invest will not be much different from the amount you receive in the end. Though it is without a doubt that Berkshire Hathaway Inc. is an extremely profitable investment, it just depends on how much and for how long you can stay in the game.\
SOURCE-http://www.cnbc.com/id/35647669/site/14081545?__source=yahoo|headline|quote|text|&par=yahoo
Rachal Mindin
Berkshire Hathaway was named number three on the list of the world's most admired companies by CNN Money. Berkshire Hathaway's legendary success is still bait for many investors looking to make it big. "Berkshire's class A and B shares have been some of the best-performing stocks ever, last year increasing in book value by 19.8%." Berkshire Hathaway is a super giant in the stock exchange and unless disaster strikes it is a safe and profitable bet.
SOURCE- http://money.cnn.com/magazines/fortune/mostadmired/2010/snapshots/980.html
Warren Buffet's Berkshire Hathaway Inc. is one of the top companies on the market today. The multi-billion dollar corporation is a giant in the stock market yet many investment strategists warn against investing. Because the company is so huge there lacks the possibility of risk -a key factor in making a profit- so the amount you invest will not be much different from the amount you receive in the end. Though it is without a doubt that Berkshire Hathaway Inc. is an extremely profitable investment, it just depends on how much and for how long you can stay in the game.\
SOURCE-http://www.cnbc.com/id/35647669/site/14081545?__source=yahoo|headline|quote|text|&par=yahoo
Rachal Mindin
Berkshire Hathaway was named number three on the list of the world's most admired companies by CNN Money. Berkshire Hathaway's legendary success is still bait for many investors looking to make it big. "Berkshire's class A and B shares have been some of the best-performing stocks ever, last year increasing in book value by 19.8%." Berkshire Hathaway is a super giant in the stock exchange and unless disaster strikes it is a safe and profitable bet.
SOURCE- http://money.cnn.com/magazines/fortune/mostadmired/2010/snapshots/980.html
Wednesday, April 7, 2010
Della 4/7/2010
Despite your anticipated disapproval I admit I spend over half my income on cigarettes, specifically Camels. Reynolds American Inc. is the parent company of R.J. Reynolds Tobacco Company, R.J. Reynolds Tobacco Co. is the company in charge of manufacturing and selling Camel cigarettes. Stock for R.J. Reynolds Tobacco Co. is trading at $54.312. Recently the FDA has banned cigarette companies from giving out free samples of their products and the advertisement of their products on promotional gear, concerts and sporting events. I would expect this to lower the stock for R.J. Reynolds because federal laws are constricting the outreach cigarette companies have, limiting their involvment in media and culture, leading to a decrease in popularity and money. I would not invest in this. Cigarette companies are notourious for being evil and thriving on immoral methods. This doesn't bother me, cigarettes are lethal but so is icecream.
Verizon Wireless
A company that I spend a lot of money on monthly, is Verizon Wireless. Stock Symbol: VZ - selling at $30.39 per stock.
According to recent headlines, CGW and Verizon are working together to recycle their phones. Such actions will lead to an increase in the price of the stock. As a consumer, I would not invest in Verizon Wireless, because although the price of the stock is said to increase soon, the past history of the stock is constant for the most part and will not make me money.
Corporate Responsibility: In my opinion, the way a company acts does influence my decision of investing in that company. Knowing that Verizon is going to make the iPhone available to their customers would increase my motivation to invest in Verizon closer to the date of the iPhone's release.
Monday, March 22, 2010
Classwork #5
1.Key points of the article include the economists’ negative views towards closure of the plant. Also, they include the already roof breaking unemployment percentages which will be hit even harder by the estimated 4700 layoffs due to closure of the Toyota plant.
2.The author believes that it is a bad idea to close the plant and on the contrary the plant should take on more business such as producing an extra Toyota model such as a hybrid. The author feels that it is a sign of disrespect from Toyota since California is the number one consumer state of Toyotas in the United States. I do agree with his opinion although I do also understand that the nation is indeed going through a recession which may also be greatly affecting Toyota as a business.
3.Toyota owes its respect and regards to California since it consumes about 18% of all Toyotas manufactured. It is a great part of the reason that Toyota is the wealthiest auto manufacturer in the world and should be considered more deeply in a situation such as closure of a large plant such as the one they plan to get rid of by the end of this month.
2.The author believes that it is a bad idea to close the plant and on the contrary the plant should take on more business such as producing an extra Toyota model such as a hybrid. The author feels that it is a sign of disrespect from Toyota since California is the number one consumer state of Toyotas in the United States. I do agree with his opinion although I do also understand that the nation is indeed going through a recession which may also be greatly affecting Toyota as a business.
3.Toyota owes its respect and regards to California since it consumes about 18% of all Toyotas manufactured. It is a great part of the reason that Toyota is the wealthiest auto manufacturer in the world and should be considered more deeply in a situation such as closure of a large plant such as the one they plan to get rid of by the end of this month.
Wednesday, March 17, 2010
Classwork #6 3/17/10
1)what is the current interest rate on EE bonds purchased today?
According to savingbonds.com the current interest rate for EE bonds purchased November 1st 2009 to April 30th 2010 is 1.20%
2)Explain the advantages of purchasing bonds
The interest on EE saving bonds can be reportable for Federal income tax the year they are redeemed and the interest you earn is exempted from state and local taxes. When you purchase a bond your money is guaranteed to be safe as your investment is to the U.S. so as long as the country stands so does your money.
3)Which would you prefer to buy one I bond or one EE bond?
We would prefer to buy an I bond because I bonds are protected against inflation and in the current economic state that we are in, inflation is a threat. When you buy a $100 I bond it is valued at $100 whereas if you buy a $100 EE bond it is valued at $50.
4)Why must you wait until the bond matures before you redeem it?
You must wait until the bond matures because if you cash in a bond before five years you receive your money back but a three month penalty.
According to savingbonds.com the current interest rate for EE bonds purchased November 1st 2009 to April 30th 2010 is 1.20%
2)Explain the advantages of purchasing bonds
The interest on EE saving bonds can be reportable for Federal income tax the year they are redeemed and the interest you earn is exempted from state and local taxes. When you purchase a bond your money is guaranteed to be safe as your investment is to the U.S. so as long as the country stands so does your money.
3)Which would you prefer to buy one I bond or one EE bond?
We would prefer to buy an I bond because I bonds are protected against inflation and in the current economic state that we are in, inflation is a threat. When you buy a $100 I bond it is valued at $100 whereas if you buy a $100 EE bond it is valued at $50.
4)Why must you wait until the bond matures before you redeem it?
You must wait until the bond matures because if you cash in a bond before five years you receive your money back but a three month penalty.
Wednesday, March 10, 2010
Rachel Mindin - Blue Chip Stocks
According to Michael Brush, Coca Cola stocks will rise over 20% in the next year or two. Recent headlines about Coca Cola, claim that new flavors are soon to come out, putting Coca Cola on the market for energy drinks and flavored waters. Also, the company is now combining with Starbucks to offer a new coffee soda. New flavors mean the company will be taking a risk that can put them ahead of others in the economic world. However, because of the new soda tax to be out in effect soon, Coca Cola will soon be selling less soda. The price of shares will drastically drop not soon after the tax is placed. I would not purchase this stock because instead of making money on it, I'd be losing money when the tax would be put in effect. -Rachel Mindin C Band
Della Farrell 3/10/2010
Caterpillar Inc. is a corporation that provides construction, mining and farming equipment. They run through three departments the manufacturing the machinery, the manufacturing of engines and their financial operations such as CAT Insurance. Since March 2009 CAT stock has soared despite the recession. This week CAT has closed at 59.18 a dip in the high point of 60.34 that was seen in January yet better then the 33.99 that was seen in last June. But other then the month of June CAT was risen steadily and appears to be a stable investment with benefits. I believe investing in CAT is a safe but not profitable choice. Their stock appears to be conservative and in order to make any real money a person would have to invest an enormous sum of money. CAT doesn't really meet the ideal projection I had for my investments, it's too slow.
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