According to the BP Statistical Review of World Energy 2012, Venezuela has the most proven oil reserves in the world. The country is estimated to have reserves of about 297 billion barrels followed by Saudi Arabia at 265 billion barrels. Saudi Arabian crude is considered to be of high quality. Venezuelan crude oil is is extra-heavy crude and is of …
For most Americans the biggest purchase they will ever make in their life is a house. Next in this list of “necessities” of life in the U.S. is a car. Sadly both the purchases involve high transaction costs and consumers are the mercy of crooked salesmen and saleswomen who are more likely to put them …
Continue reading ‘U.S Homeowners’ Housing Equity Since 1960s’ »
The housing industry is closely tied to many other industries including finance, home-improvement, machine tools, etc. When the construction industry booms all these industries experience a boom. After the credit crisis most of these industries suffered heavily as consumers cut back on renovations and the housing market tanked badly. As the housing market has stabilized …
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The following foreign stocks were the most traded in 2012 based on dollar volume. The companies are traded in descending order. a) Western Europe: 1.Company: BP Plc (BP) Current Dividend Yield: 4.82% Sector: Oil & Gas – Integrated Country: UK 2.Company: Vodafone Group (VOD) Current Dividend Yield: 5.60% Sector: Telecom Country: UK 3.Company: Rio Tinto …
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Companies that produce and sell alcohol, operates casinos and sell tobacco products are called as “Sin” stocks. In this sector, tobacco stocks usually have high dividend yields and steady growth. Tobacco companies make high profit margins and their products generally sell well despite high taxes as people become addicted to them. Casino stocks are volatile …