Weekend reads and comments

I focus this article on some new terms I came across and an article I stumbled into.

1. Warren Buffett buys some BOA shares: As everyone knows . Warren Buffet bought some BOA shares and that lifted the spirits of BOA investors. While reading on, I also noticed that Warren Buffet bought some preferred shares with a dividend. Since I have been reading about dividend investing these days I looked more into preferred shares. These are a hybrid between stocks and bonds with the caveat of no voting rights including and less chance of appreciation.Investopedia and Wiki have some information on shares. Has any of the dividend investors invested in preferred shares?

2. Gold prices: Although GLD more or less accurately tracks the price of Gold I was looking at different gold miners that track the gold. Taxes for GLD are cumbersome and hence the need to look for alternatives.
I came across a seekingalpha article.
I would like to add RGLD to the mix . As Yahoo finance puts it, Royal Gold together with its subsidiaries, acquires and operates precious metals royalties. RGLD has been closely aligned to GLD than AUY simply based on end price results for various terms. RGLD has a higher P/E ratio: higher 50s. Market CAP is around $4B and average volume is less than a million.

Disclosure: I do not have any positions in RGLD as I write this article.

Dow to new levels !

Dow breaks to new prices , what's next ? Elliott wave theorists predicts move up to wave 4 which means a rally. Robert Prechter recommends covering shorts after more than a year. What does that mean? Stocks up for a run?

How low can the Dow go?

Links and new sites for January 2009

Looking back at January I would like to share some links that I gathered over in January 2009.

1. The Dividend Machine introduced by HappinessIsBetter. HappinessisBetter gives details on the interview with William Spectrino and how one could use stock dividends to achieve financial independence.

2. Interested in free technical analysis of stocks ? Ino.com owns Marketclub.com which gives free technical analysis on a stock with ratings. Sample Forex training video link provided in my previous blog entry .

3. The Wild Investor introduced me to Stocktwits where community members share stock ideas real time.

4. Tickerville. Anyone interested to knowing about technical analysis of the current market and where its headed. Tickerville gives round up of important drivers of the market every couple of days.

5. Interested in learning about Elliot waves and how its useful predicting the markets Allan gives a good insight into technical analysis and his stock picks.

6. Steve features in MyWifeQuitHerJob.com. His blog was recently featured in TV. Check this link.

7. Informed trades gives a daily roundup of technical analysis of markets along with currency trading.

8. Interested in buying stock Warren Buffet style. Mark gives his view of the market and stockpics at Buylikebuffet.com.

9. My Money Blog continues to recommend few money saving tips and some credit card offers and links to cool coupons.

10. Interested in learning about other people's opinion on a particular stock? Check out WikInvest. You can read buy and sell recommendations on a particular stock here.

11. Want to have some free stock picking links? Gorilla Trades is offering free one week access to their site.


Please share more links with me and we can all share the links or follow me on Twitter.