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Secret Millionaire Donates Her Fortune

I read an interesting article today about a 100 year old woman that donated her estate to her alma mater. Grace Groner left over $7 million dollars to Lake Forest College after she died. She  lived modestly in a 1 bedroom...

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Should You Invest In AIG?

After losing $8.9 billion in the last quarter of 2009, AIG is finally selling off major assets and attempting to pay back the government’s huge investment in the insurance giant. AIG which lost $61.7 billion in one quarter last...

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Buffett’s 4th Quarter Moves

Buffett sold shares in the following companies: Carmax                 8 million shares Conoco Phillips   19.7 million shares Exxon Mobil         854,000 shares Gannett                2.2 million shares Ingersoll-Rand    5.6...

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New Credit Laws for 2010

The last few days have not been good for the major banks. First, the Fed raised the discount rate 25 basis points which will increase the interest rate at which banks are able to borrow money from the Fed. Secondly, Bank of...

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Apple iPhone vs. Microsoft Windows Phone 7

Microsoft just unveiled its new Windows Phone 7. Microsoft is known for its operating systems and had avoided entering the handset market. Microsoft will now have to compete against Blackberry, Apple, Nokia, Google and Palm for...

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Reaping Big Rewards From Trash

I have been a fan of Waste Management (WM) for awhile and recommended buying shares in my post last June when the stock traded at $28. Waste Management now sells at $33 per share and continues to steadily grow earnings. I would...

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