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Category: Investing

Is free software profitable in the long run?

Is free software profitable in the long run?

Quicken reduced the cost of Quicken Online to free. This is great for consumers, but I have to ask myself why Intuit would make such a move. What does Intuit see that would cause them to move in this direction? Are some of the new online financial applications starting to take root and they see this as a move to fend off competition? If you are giving your product away free, while incurring costs, how exactly is this great for your business long-term? The only thing…

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Hold on to you hats boys and girls, the ride is not over yet

Hold on to you hats boys and girls, the ride is not over yet

The bailout finally passed last week, but has a several week lead-in time before the money starts flowing. The DOW is below 10,000 and still falling.  All is not well with the financial system. I heard a clip from Jim Cramer who stated that if you need the money that is in market during the next five years, it is time to get it out with all due haste. This is some sage advice. I regret not taking action sixty days…

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Sirius & XM: Merger approved but not the market reaction I expected!

Sirius & XM: Merger approved but not the market reaction I expected!

Talk about getting blown out of the water today! I expected Sirus (SIRI) and XM (XMSR) to move today, now that the merger was finally approved, but certainly not to crater! I did not think that the market would have such a negative reaction to the needed refinancing – was I ever so wrong before?!? I just finished reading a very good article by Jack Hough, of SmartMoney, that really struck me. I have gotten way to over confident in…

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SIRI and XMSR – ABOUT TIME FCC!

SIRI and XMSR – ABOUT TIME FCC!

I am so very pleased that the FCC has finally approved the XM and Sirius merger. I really hope the market reacts well to the official news next week and hope to see Sirius back in the $4-$5 range very soon, but I have no idea what Monday will bring. Thursday and Friday were down days for Sirius but I think that was just profit taking. It was on larger then normal volume and looks like some funds exited their…

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