Warren Buffett: Prioritize Career Building Over Market Studying [Money]

Warren Buffett: Prioritize Career Building Over Market Studying [Money]

Fortune magazine drops in on a Q&A Warren Buffett offered to 150 business students, and the advice dispensed by the Oracle of Omaha on investing and money in general is elegantly simple. When one student asked Buffett how to best spend his free time to further his investing knowledge, Buffett avoided generalized advice and told him to stick to what he knows. Fortune paraphrases:

For most people, the bulk of their income is going to come from earning power in their chosen profession. Therefore, from the standpoint of building wealth, free time is better spent sharpening one's professional skills rather than studying investing.

Buffett also advises that those who can't commit serious time to being active investors should stick to buying index and other diversified funds over time, a thought echoed by our commenters. Hit the link for more questions and answers with a man who knows from investing.

What Warren Thinks ... [Fortune via Get Rich Slowly]

Why Commodities For Every Portfolio

Commodities For Every Portfolio

SFO Magazine, March 5th, 2008

It's hard not to follow commodities markets. With $80 oil promising
that another winter heating season will take a bite out of household
budgets and with high grain prices already translating into steeper
grocery and restaurant bills, commodities impact nearly every waking
moment of every day. Consumers can grumble. But investors can do
something about it, says author Emanuel Balarie, in his first book,
"Commodities for Every Portfolio: How You Can Profit from the
Long-Term Commodity Boom."

One can argue that a period of high commodity prices (records for
many) is not the time to begin sniffing around in these markets
because simply, they're too expensive. Not necessarily so, writes
Balarie, who believes a long-term bull market is far from over and in
fact, is still in its early stages. And he argues, all investing
styles--conservative, daring and everything in between--could and
should include commodities in one form or another, from futures to
mutual funds to exchange-traded funds.

Brazil, The World's Fastest Growing Markets

Brazil, The World's Fastest Growing Markets

Brazil recently surpassed China as the world's largest emerging market,
and despite the recent volatility in Brazil's economy, its rapid growth is
poised to bring investors huge profits. The long-term prospects are great,
as Brazil has many high-growth areas to invest in, such as natural
resources, agriculture and manufacturing.

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Last Update : 5 ¸Ñ¹ÇÒ¤Á 2548 16:30:50 ¹.

Why Do Stock Prices Fluctuate?

Why Do Stock Prices Fluctuate?

Generally, the price of a stock is determined by supply and demand.
For example, if there are more people wanting to buy a stock than to
sell it, the price will be driven up because those shares are rarer
and people will pay a higher price for them. On the other hand, if
there are a lot of shares for sale and no one is interested in buying
them, the price will quickly fall.

Because of this, the market can appear to fluctuate widely. Even if
there is nothing wrong with a company, a large shareholder who is
trying to sell millions of shares at a time can drive the price of the
stock down, simply because there are not enough people interested in
buying the stock he is trying to sell.

Because there is no real demand for the company he is selling, he is
forced to accept a lower price.

What Moves the Stock Market

What Moves the Stock Market

Why the Stock Market Rises and Falls

What moves the stock market?

That complex question has many answers. Some market movers are
obvious, while others creep up on us unseen. In this and subsequent
articles, Ill look at some of the economic, political, and societal
issues that may cause the market to change direction or speed up or
slow down its momentum.

A quick list of the obvious includes:

Inflation

Interest rates

Earnings

Oil/Energy Prices

War/terrorism

Crime/fraud

Serious domestic political unrest

As you can see, many of these have serious long-term implications,
while others may only cause temporary disruptions.

However, the one factor not listed above that drives the market
absolutely crazy is uncertainty. The market cannot stand surprises and
when there is the chance that something may change, it rattles the
market.

There is a theory that our stock markets are efficient, meaning that
everyone has access to the same information at the same time. Of
course, this is not true, but in a broad sense, the market taken as a
whole expects to know about events and news in time to absorb them.

For example, if the Federal Reserve Boards Open Market Committee (the
Fed) expects to raise interest rates by one-quarter percent at its
next meeting, the market will absorb and factor that rate increase
into prices before the committee meets. If the committee follows
through as expected, there is usually little or no market response.
However, if the Fed raises interest rates by one-half percentage point
instead, the market will probably react abruptly.

Surprising economic news, war or terrorism, and other unexpected
events disturb the markets sense of control and often send it in a
tailspin. Of course, really good news can cause a big bump in prices,
but it seems like these days its bad news that captures most of the
headlines.

What Does this Mean to You?

For most investors, these market bumps are just that temporary bumps
that soon smooth out. However, you need to be aware of the factors
that move the market, since they can create opportunities as well as
problems.

If you have had you eye on a stock, but felt it was a little
over-priced, one of these market events might just take enough wind
out of its price to put it in your buy range.

On the other hand, if you need to sell, watch for earnings reports,
Fed meetings, and other predictable events that might shave some
points off your stock.