February’s Best of Fire Finance - 2009

Filed Under (Investor News) by Admin on 15-03-2009

[This post is written and copyrighted by FIRE Finance (http://firefinance.blogspot.com).]

VioletIn Latin, “Februm” means purification. February was named after Februm because of the purification ritual Februa held on February 15th in the old Roman calendar. Some historical names for February are Solmonath (mud month) and Kale-monath (named for cabbage) as well as Charlemagne’s designation Hornung.

In Finnish, it is called “Helmikuu”, meaning “Month of the Pearl.” During this time when snow melts on tree branches, it forms droplets which freeze again and appear like pearls of ice and hence the Finnish name :). The flowers of this month are violet and primrose. In the spirit of purification along with due respect to Saint Valentine, let’s do a “Retro-February” ……….

Read the rest of this entry »

Entrepreneur’s Journal: Getting free traffic with search engine optimization (SEO)

Filed Under (Hot Stock Tips) by Admin on 15-03-2009

Filed under: , , ,

Bankrate, Inc. (Nasdaq: RATE) is one of the top financial sites on the Web. And one of the main reasons it does so well: organic traffic.

Read the rest of this entry »

Bernie Madoff hedge fund?

Filed Under (Hedge Funds) by Admin on 15-03-2009

Bernard Madoff did NOT run a hedge fund. He was a stockbroker “managing” customer accounts. The firm was “regulated” and fraud is already illegal. Few sophisticated investors had a cent with Madoff. REAL due diligence ITSELF is an alpha source. PROPER diversification with GENUINE uncorrelated strategies and managers is MANDATORY for risk averse investors.

The Madoff scandal has nothing to do with hedge funds. No incentive fees, no prime broker, no proper auditor and no independent administrator. The chart is the Madoff feeder, Fairfield Sentry, versus Gateway, GATEX, a fund with the SAME strategy. Suspicious numbers in the 1990s got worse around 2001.

Read the rest of this entry »

What is an ‘absolute-return fund’?

Filed Under (Hot Stock Tips) by Admin on 15-03-2009

Filed under: ,

Dear Virginia:” I really really promise never, never to lose your money and I will only make money for you.” If you believe this, you belong with all the other gullible ones on Wall Street.

Nevertheless, this is Wall Street’s newest game. It’s called an absolute-return fund. Big names like Putnam Investments of Boston and Goldman Sachs Absolute Return Tracker Fund are some of the players. They are telling you: “Look we know that mutual funds take only long positions. We are going to change that. We are going to trade your money just like a hedge fund. So. we’ll go long some stocks and we’ll go short some stocks. Why, we are going to include the really wild movers like commodities, currencies, international investments, real estate, managed futures, cash, bonds, and assorted derivatives.” Yes, you heard that right: “assorted derivatives.”

Read the rest of this entry »

ADVERTISEMENT