The New York Stock Exchange(NYSE) is delisting National Bank of Greece(NBG) after its price fell to $0.16 today. On Thursday it had closed at $0.19. So finally its time to say goodbye to NBG. On Nov 21, I had written a post suggesting investors avoid the stock after a decision to implement a reverse 1:15 split. …
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Gold prices have declined consistently in the past few years while stocks have soared. At the height of the global financial crisis, experts predicted gold could reach $2,000 easy and even go higher and higher forever. It did not turn out that way. When stocks collapsed investors poured money into gold especially the highly popular SPDR Gold …
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According to a recently published report by The Center for Public Integrity, most US states rank poorly in integrity, ethics and corruption.This study was focused on only the state governments and not the Federal government. Here is an excerpt from the investigative report: In November 2014, Arkansas voters approved a ballot measure that, among other reforms, …
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Emerging market equities should be part of a well diversified portfolio. As an asset class, emerging stocks generally tend to more volatile than developed equities. Despite the volatility investors should allocate some portion of their portfolio’s assets to emerging markets. One of the reasons for holding stocks from the developing world is that economic growth in …
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