The Facebook IPO had problems, but they are not especially unique. The problem, really, is that it has been so long that we’ve had a lot of IPOs that everyone has forgotten how they work. Way back in my investing banking days, I worked for a firm that was a dot-com bubble IPO factory. (Alas,… [Read More]
Blog
Category: Day Trading
Five Movies About Money
The blogathon comes with a list of assignments, and today’s is to write about five favorite movies. I decided to twist the topic a little and list five movies about money. All of these are great fun, for different reasons (Bonfire of the Vanities, for example, is a train wreck), and they all talk about… [Read More]
Women Need to Stop Opting Out of “Hard” Subjects, Like Finance
This is a manifesto for a Sunday. And it’s a big one, so pay attention: Girls can do math. It is okay to get a low grade in math. Math opens the doors to many well-paying careers. STOP SELF-SELECTING OUT OF GREAT OCCUPATIONS JUST BECAUSE YOU WANT TO HAVE A 4.0!!!!!!! AND STOP BRAGGING ABOUT… [Read More]
Limits on Day Trading in Stock Accounts?
Recently, my publisher received an inquiry from a reader about day trading stocks. He said that his broker told him it was illegal to hold stocks for less than three days. What’s going on? Here’s the deal, and it’s complicated: Federal securities laws, and FINRA, call for a three-day settlement period for stock trades in… [Read More]
March is Dummies Month!
Are you in the market for a new book? Like, say, Emerging Markets for Dummies? Or another fine book in Wiley’s . . . For Dummies series? If so, this is your lucky month! March is Dummies Month, and many booksellers are offering special deals on Dummies purchases. If you want to know more about… [Read More]