Archive for October, 2007
Will the Chinese Bubble Burst?
The Skyline of Shanghai, China
For the past several years, I have invested in China through FXI, an Exchange Traded Fund (ETF). FXI tracks the FTSE/Xinhua 25 Index. The performance of FXI has been truly amazing.
Perspectives of the Readers
In the two years that elapsed between October 2005 and October 2007, the ETF’s price quadrupled. As a [...]
Everything is Negotiable
Today, I wanted to eat a chicken cheese steak (a Philadelphia specialty) from a food truck. There were two food trucks sitting next to each other. The food truck on the right had a line of about ten customers, and a menu with prices. A chicken cheese steak was priced at $4.50. To my left [...]
Social Lending
Many readers may have money in CDs (certificate of deposit) or savings accounts paying low interest rates (1%-5.5%). Many readers may either have debts, or know others who have debts that have financing charges substantially greater than the return of a CD or savings account. If you have excess capital earning a rate of return that is [...]
In: General, Savings Accounts