In September 2007 I discussed proposed new designs for the 2009 Lincoln cent (a.k.a., the U.S. penny coin). The front side of the Lincoln cent will remain unchanged, continuing to show a profile view of Abraham Lincoln. The obverse side, however, will be changed to commemorate the 200th anniversary of Lincoln’s birth. (2009 will also mark the 100th anniversary of the Lincoln cent - the first (more…)
The S&P 400 Midcap Index is the most widely-followed of all U.S. Midcap stock market indices. Midcap stocks are generally defined as those of companies with market capitalizations between $1 billion and $10 billion. (”Market capitalization” refers to the value of outstanding shares of a particular stock.”)
I have previously posted about historical returns for large cap stocks, such as the S&P (more…)
Last November I wrote a post about how Fidelity offers a low margin rate for wealthy investors. As of today, July 14, 2008, the lowest margin rate provided by Fidelity is 4.00%. An investor would need to maintain a debit balance of at least $500,000 in order to receive this low margin rate.
Although the Fidelity margin rate is quite low, I recently discovered that TradingDirect offers a far (more…)
I recently discovered an interesting website that lists various key interest rate information. The website is money-rates.com and it lists current national average money market rates, the prime rate, discount rates, broker call rate, U.S. savings bonds rates, and 30- and 15-year mortgage rates. Such interest rate information is highly relevant to any stock market investor, as stocks tend to be (more…)
