GeekMBA360

The recent rising U.S. stock market does NOT make sense to me.
Amazon.com stock is trading at $130.15/share this afternoon. Its P/E ratio is 76.74. Google’s P/E ratio is 36.56. Apple’s P/E ratio is 32.28. Given Amazon’s thin margin, its current stock price is absurd. It’s the kind of number we saw during the last great [...]

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A decade ago while I was a college senior, I read Michael Lewis’s Liar’s Poker: Rising Through the Wreckage on Wall Street . It made me realize that I didn’t want to work in investment banking while many of my classmates were fighting for banking jobs. His next book, Moneyball: The Art of Winning an [...]

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In this Issue:

Have we seen the bottom of current economic down turn? Are you ready?
Six ways to identify hidden job opportunities
What should you do if you cannot find a job?
Inside look at layoffs + Job Search Strategies
Entrepreneur calling: ideas, inspirations, and examples
Watch your Paycheck! — Personal Finance Tips
Unhappy at [...]

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In February we published Microsoft Laid-off employees layoff satisfaction survey result. On May 5, Microsoft had its second round of layoffs, let 3,000+ employees go. A number of former Microsoft employees had filled out our survey after the May 5th layoff.
Below is a summary of the survey result of Microsoft layoff round II.
Which department [...]

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I have to say that I’m puzzled by the recent movement in the stock market. By all indications that our economy is not getting better. I’m still not convinced that our government is doing the right thing, and the bail-out packages are the right moves.
I’m not shorting any stock. So, I’m not negatively affected [...]

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I hold my hard-earned money in index funds, money market fund, CD and saving accounts. I don’t trade stocks because

I don’t have interest/passion in tracking individual stocks. I’d rather spend time doing other things I enjoy doing.
I want to have a good night of sleep every night. I don’t want to spend time worrying [...]

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We’re having the most severe economic downturn since World War II. Everyone is trying to hold onto their jobs. Many companies have suspended merit-based pay raises and bonuses. If you want to increase your take-home pay, you will have to do it on your own.
Let me challenge you: assume you’ll hold onto your current [...]

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According to this report , "US Treasury Secretary Timothy Geithner is practically alone on the job, working night and day to cope with the worst economic downturn in decades.
Unemployment figures which revealed Friday that 651,000 jobs were lost in February, showed the recession is running ever deeper, but Geithner, who started work in late January, [...]

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Where should we put our money?
All banks in the US are in deep trouble. Citi Bank’s stock is below $1 now. JP Morgan Chase and BOA are in pretty bad shape – their balance sheets are in much worse shape that what their CEOs have been saying. Well Fargo is not much better.
Bank saving account [...]

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The Obama administration today released guidelines of its massive foreclosure prevention program and it includes a refinancing program for homeowners with little equity in their homes and a loan modification effort for borrowers at risk of losing their homes. Washington Post web site has a calculator that will estimate if you’ll be eligible for this [...]

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