Archive for March, 2009

Common Stock Vs Preferred Stock

Recently the US government converted its preferred shares which it acquired as part of the TARP fund (which was to pay a 5% dividend for the first 5 years and 9% dividend after the initial 5 years) to common stock.  If Citigroup held the shares for 10 years it would have paid out 17.5 billion [...]

Squash the Gold Bug

If you listen to the radio, watch television, or read finance blogs someone has tried to sell you on gold.  Everything from coins to gold bullion bars they say you need it.  They say it’s a safety net in troubled times, and it has never been worth 0, or it’s tripled in value since 2000 [...]