Chinese stocks are red hot this year. Among the BRICs, China is far ahead year-to-date. While the S&P 500 is up 2.36%, the benchmark indices of the BRICs are up higher as shown below: China’s Shanghai Composite: 42.6% India’s Bombay Sensex: 1.2% Brzail’s Sao Paulo Bovespa: 5.5% Russia’s RTS Index: 22.5% Source: WSJ Some Investors may be wondering …
Stock buybacks are generally not beneficial to most investors.Many studies have shown that companies that buy their own stock do not perform well in the long run. Buybacks are mainly an accounting trick to manipulate stocks prices. When companies engage in buybacks their timing is usually bad too. For example, just before crash due to the global …
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The U.S. is probably the only country in the world to be home to millions of pet animals. Americans keep all kinds of animals as pets with dogs and cats topping the list. Similar to expenses involved in raising a child, Americans spend billions of dollars for their pets. According to a recent article in The Wall Street Journal …
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This is crazy… Via Malaysia Finance Blog Related Story: Chinese nationals accused of taking SATs for others (BBC)
Australian bank stocks have fallen recently due to various reasons. Income investors looking to hold these stocks for five years or more can consider adding them at current levels. From a Bloomberg article: After losing A$57 billion ($44 billion) in market value, Australian bank stocks are starting to look more like, well, bank stocks. Valuations …
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