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The banking industry is always in a state of transition. Banks are also coming out with new products to attract customers. Over the past 20 years, we have seen direct deposit, online banking, banking applications, and automated tellers. All of these products were designed to save money and make banking easier for customers. So, what are banks working on now to improve operations?
I added more shares of Bank of America (BAC) today. I am encouraged to see that CEO Brian Moniyhan recently purchased 30,000 shares. On another note Citigroup (C) investors should be concerned that company insiders have been unloading shares.
Are you currently in the market for a credit card for your small business? Are you having a difficult time getting access to credit? If so, then this article may be of interest to you. There are some pretty good cash back cards with a 0% introductory APR. So, take a look and see if it meets your needs.
Buy Like Buffett is now offering a Jobs Board. The jobs board will focus specifically on finance related jobs (Jobs in the investment industry, banking industry, accounting professionals, finance professionals, personal finance writers). A listing on our site is just $30 for 30 days. Job hunters can search through job listings and find a career that fits them. Happy Job Hunting!
Fannie Mae (FNM) and Freddie Mac (FRE) are two of the most hated agencies on Wall Street. These quasi government agencies are blamed for much of the problems related to the housing crisis. They are criticized for backing risky loans and encouraging an environment of risk taking by guaranteeing liar loans. Many politicians and citizens have even called for the abolishment of both agencies. Although Freddie Mac and Fannie Mae may be terrible investments, they are a necessary cog in our economy.
There are many magazines that do rankings of the worst jobs in America. These rankings are based on salary, employee happiness, hours worked, and growth prospects. Everyone knows that professions like being a lumberjack are difficult. Today, I wanted to put a different spin on the worst jobs in the United States and detail why these jobs are the worst to have.
Here are the 3 worst jobs to have right now.
Today, I picked up shares of Bank of America (BAC) at $12.50 and added shares of Wells Fargo at $23.50. I am still a big believer in the long term viability of the financial sector.
I have the learned the hard way that just because a stock is cheap does not mean it is a good investment. It can be tough sometimes to distinguish between a value play and a value trap. Value plays are stocks that are trading below their true value and will eventually reach this value. Value traps meanwhile are companies that appear to be trading cheaply but are trading at their current level for good reasons.
Here are 3 stocks that have been cheap for a long long time.