Markets are overdue for a correction

Posted by Eric LeRiche | April 20, 2010 .

“Markets are overdue for a correction,” former Investment Symposium speaker and “Investment Biker” Jim Rogers says “When the markets are ready for a correction, something will come along,” Rogers said yesterday, explicitly citing the Goldman Sachs lawsuit. “Any market that goes up this much, this fast, this steadily without correction — it’s not normal. When [...]

Comment

I just inherited money, where should I invest it?

Posted by Eric LeRiche | March 24, 2010 .

I am relatively young and just inherited 50k. What would you do with it considering I have no experience what so ever investing money… I already am getting calls twice a day from people asking me to let them handle my money but I don;t know what to do… Thank you for your objective response. [...]

1 Comment

No More Bargains on Wall Street?

Posted by Eric LeRiche | February 1, 2010 .

Friday started on a positive note with an upward revision of fourth-quarter GDP to an annualized quarter-over-quarter growth of 5.7% versus an expected growth rate 4.7%. The report went on to show that core personal consumption expenditures increased at an annualized quarterly rate of 1.4% and that, too, was stronger.

Comment

Could UBS be the next big bank to fail?

Posted by Eric LeRiche | February 1, 2010 .

The Swiss mega-bank could go under, “as a result of its license being revoked in the U.S.,” Switzerland’s justice minister warned yesterday. The bank and Swiss government are still stuck in all kinds of court battles with U.S. regulators, who suddenly took an interest in banking secrecy last year. Both outcomes here could get spicy… [...]

Comment