My Dumbest Investment Floor Versus Roof
A reader recalls a broker tip on a penny stock that promised a skyward rise. He invested $2,135, about 40 percent of three years of military savings, but the stock fell. The Fool cautions readers to research themselves and to beware brokers who push trades for commissions.
MENTIONED IN THIS ARTICLE
Wall Street Journal
Dell Computer
Global fashion and footwear brand with Italian roots
A 1965 founded company from Italy operates 5000 outlets in 120 countries. It owns Sisley Playlife Nordica Prince Rollerblade and Killer Loop, known for colorful ads. Produces 90 million clothing items yearly and has faced controversy over campaigns.
MENTIONED IN THIS ARTICLE
Italy
Sisley
Playlife
Nordica
Prince
Rollerblade
Killer Loop
Citigroup Faces Downturn Amid Turbulent Economy
Citigroup remains a global financial services firm with three divisions Global Consumer Global Corporate and Global Investment Management. North American credit cards Travelers Primerica and Salomon Smith Barney drive profits though underwriting slowdowns and recession fears have cut share value. Despite recent losses investors are urged to research long term prospects given its worldwide footprint and diverse offerings.
MENTIONED IN THIS ARTICLE
Citigroup
Travelers
Primerica
Salomon Smith Barney
Investors urged to buy mutual funds despite uncertainty
After Sept 11, advisers urge continued 401(k) contributions and buying opportunities. Funds like Vanguard 500 Index and Fidelity Magellan hit 52-week lows, offering entry points for long term investors. Diversified portfolios reduce risk, while some favor blue chips and value funds amid volatility. Predicative Logic of San Diego noted.
MENTIONED IN THIS ARTICLE
New York
Stephen Craffen
Fair Lawn
N.J
Vanguard
Fidelity
Magellan Fund
Wendy Shear
Houston
Tex
Don Cassidy
Lipper Research
San Diego
Calming Your Nerves In Muted Market Fear
After a terrible third quarter, mutual fund investors are advised to do nothing and avoid selling. Experts urge not to panic, avoid daily price watching, and maintain strategy through dollar cost averaging. Stay put, resist sucker rallies, and remember past market recoveries.
MENTIONED IN THIS ARTICLE
New York
Nancy Coutu
Money Managers Advisory
Oak Brook
Ill
Patricia Jennersohn
Oakland
Calif
Coutu
Jennersohn
Cassidy
Lipper
G Stocks and Funds On Sale Now
Stephen CraffEn, a chartered financial consultant, urges long term investors to buy as prices drop and hold for future gains, highlighting market timing as less important than staying invested.
MENTIONED IN THIS ARTICLE
Stephen Craffen
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Bud Cantrell
Ocala, Fla
Citigroup Towers
NYSEC
Stephen Keller
Wall Street
Lipper Inc
Ner EL
Motorola
Giant City
Carbondale
Illinois
SIPC
A.G. Edwards & Sons, Inc