Do You Know Where Your Money Is?

Apr 26, 2013
J. Webster
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Yes, Maria Bartiromo, I do know where my money is. There's a handful of change somewhere between the couch cushions, there are some pennies and dimes in the cup holder in my car, and there's a pile of quarters on my desk in a glass bowl!!!! Ok, stop already, please. Everyday it's the same old thing. Where's your money. Do you know where your money is. I told you. You want me to be serious. Really? Ok. Here you go Maria. There's about $15K in my savings account, believe it or not I save a little money every

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Who Said Apple Would Reach $1,000 a Share

Apr 23, 2013
J. Webster
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In case your interested, here are all those friendly folks who said Apple shares would hit $1,000. Sure, some of these folks still have time, as in Apple might indeed reach $1,000 a share in their time frame, but it's not looking too good for most of these analysts/bloggers/prognosticators/experts/founders. Yes, about six months ago everyone on TV and across the web was pretty much saying Apple's stock would never go down. They said $1,000 for Apple shares was a foregone conclusion. And Apple shares certainly wouldn't go down under $400 a share, that would be absurd to even consider. Well,

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Henry Blodget Bought Apple Shares for $391

Apr 19, 2013
J. Webster
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Henry Blodget, the CEO of Business Insider and perhaps most famous for touting Internet stocks for Merril Lynch back in 2000 but deriding them in emails to insiders, just bought share in Apple. Yes, Blodget is now back in the stock picking and analysis game, buying shares of Apple at around $391 a share. This is his cost basis, so does that mean he's been averaging in or just purchased shares? Hard to say but he's betting the dividend will pay him nicely while Apple shares either tank further or they soar. Here's some of his reasoning:
I see two possible

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Gene Munster Feels Bullied

Apr 18, 2013
J. Webster
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Gene Munster, the much loved analyst for Apple when its stock seemed to only go higher, says he now feels bullied. Apple's stock of course has gone from over $700 a share to $400 in a little over six months. Munster, the so called axe for Apple's stock for ten years, recently cut his price target to $688, down from $788, and down from $910. And I swear I heard him say Apple would be a $1,000 stock on TV at least a hundred times. Well, actually he said Apple would go to $1,000 by 2014. There's hope

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Yes, “The Number” Is An Awesome Book & You Should Read It

Apr 18, 2013
J. Webster
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Yeah, so Mark Cuban already gave his take on the book, The Number, saying before you even think about investing in the stock market you should read this book, and he's very much right. This is one of those times where all the hype around a books is true. And even though the book's popularity might have come ten years after the book was written. "The Number" is very detailed in its analysis of how companies feel like it's within their right to fill their pockets while emptying the pockets of its shareholders. The books goes into

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Bank of America’s CEO Brian Moynihan on Charlie Rose

Mar 27, 2013
J. Webster
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Last night, Brian Moynihan, CEO of Bank of America was on Charlie Rose and the interview made me want to buy shares of Bank of America. Why? Well, the worst is over for Bank of America as far as legal issues. Of course, not entirely but for the most part, as they've paid out somewhere in the range of $30 billion. Plus, the economy in the United States is on the mend and housing has certainly bottomed out and is now growing. But it was just the way Moynihan talked about Bank of America and all that he's been

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Demi Moore Says She’s Been Buying Stocks, Too

Mar 17, 2013
J. Webster
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In a fit of rage, Demi Moore says she's been buying stocks too, way before Mila Kunis. Not wanting to be out done by Ashton Kutcher's new girlfriend, who received a lot of attention this past week when she told CNBC she was buying stocks, Moore made clear she knows a thing or two about investing in stocks herself. "I don't know if Mila Kunis knows this or not, but I was married to Ashton Kutcher for over 7 years," Moore said between Red Bull gulps. And so, like, yeah, he gave me some stock tips too. So yeah,

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Mila Kunis Is Buying Stocks

Mar 15, 2013
J. Webster
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Just when the stock market is hitting all time highs, actress Mila Kunis says she's starting to buy stocks. Again, the idea is to buy stocks when they are hated, not when they are loved. Sure, the economy looks to be improving and growing, but just how much more...seems more like stocks are do for a bit of a correction. But maybe Mila has been buying shares of Apple on the dip, or some Internet related stocks, based on tips from Ashton Kuchner. She is dating Ashton Kutcher after all, who's made some good bets on some start-ups. And then

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Jamie Dimon’s Belt Buckle

Mar 14, 2013
J. Webster
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Jamie Dimon, the CEO of JP Morgan Chase, with the "fortress balance sheet", is wearing quite the belt buckle on Fox Business channel. Despite JP Morgan losing billions of dollars in the London Whale fiasco, and being ordered to fix "capital planning" issues found during the latest the stress test, Dimon doesn't seem to lose his confidence.

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Why Buy Apple Shares Right Now

Mar 11, 2013
J. Webster
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A short time ago, all across CNBC, Bloomberg and the Twitter streams of the financial experts, it was all about Apple's stock going up and up every single day - it was as if it just wouldn't go down. Now, it might just be the most hated stock in the entire market. And Apple is particularly disliked because the stock market has been up the past four or five weeks and Apple has done nothing but go down. The seemingly illogical turn in Apple's stock is compounded when you see Amazon's stock only shooting up higher while they still lacking

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