Now, as always, I’m just gonna go ahead and say that I’m not advising anyone to buy anything (I also don’t currently own any Berkshire stock), but I like to keep an eye out on stocks that have been needlessly beaten down in recent weeks/months, and Berkshire fits the bill.
A recent article at Yahoo Finance claims that its possible that Buffett has lost his touch and that Berkshire could be going downhill further than the 30% that it’s already been knocked around, and they do have some valid points. After all, no matter who Warren picks to be
I can’t help but get tired of the seemingly insane amount of leverage that people, business, and our government utilizes. Even seemingly reputable agencies like the FDIC may actually have to borrow from the treasury to keep their butts covered as an increasing number of banks are in danger of failing thanks to (you guessed it) too much of their money being tied up in the sub prime and other mortgage securities. I also read on to find out that if I want to be a millionaire, I better start borrowing, too. I bet I’ll need to borrow
As you probably know from reading my blog, I’m a huge fan of dividends and recurring income. I like to think of myself as an out of the box kinda guy. I managed to pull in a few grand once by camping in second life with a number of zombie machines for a few months with an investment total of $150 for a few computers that were just powerful enough to run the game 24/7. It took me about an hour a week to keep the “grid” going, and it netted me $100 a week for about 6
About Me
My name's Frank and I'm a life long seeker of passive income and dividends. I work in Financial Services and invite you to join me in my search for the holy grail of finance: passive income. My methods tend to be unorthodox but effective. Whether it's through investing or other means, I believe in creating many sources of income to give me the flexibility to live the life I want, when I want it.
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