Wifts Investment Group

O Em Gee! Last Friday was quite amusing! By day, treasury yields pushed into the red (that sounds rather boring, actually) and by night, the vampires and werewolves of the Twilight saga “New Moon” sank their teeth deep into the already lean allowance of too many ingenuous, unsuspecting teenagers across America. In the battle of [...]

It has been a while since my last post. It is partly because I have no new transaction to report, and partly because I have been busy with other stuff and haven’t had a chance to follow the market closely.
It seems like market has stabilized a little. S&P 500 has been at or around 800 [...]

I was talking with one of my co-worker today about the recent uptrend of the stock market (S&P500 has gone up by 17% since it’s lowest close of 676.53 on March 9th). He was not that optimistic. According to him, it is a bear market rally and it will go down again. “If it goes [...]

You’ve probably read that Warren Buffet invested $5 billion in Goldman Sachs and $3 billion in GE recently. However, both of those were invested in preferred stocks. They are more like loans with an interest of 10% rather than investment. In September, Buffet’s group bought Constellation Energy (CEG) for $4.7 billion or $26.50 per share. [...]

Even in this shaky stock market, I regularly contribute to 401K, ROTH IRA and my taxable mutual fund acconut. However, I haven’t had any money to invest in stocks for the last few months. Early this week I received and sold my company’s stocks under the Employee Stock Purchase Plan (ESPP). By the way, if [...]