| Not in defense of Suze Orman
While I agree with BloggingStocks' Zac Bissonnette that Suze Orman certainly has a place in the financial advice world -- she is not equipped to advise the serious investor. Watching her show on CNBC on the weekends can be entertaining as the callers have unique and unusual problems. Ms. Orman is qualified to advise her callers and readers on insurance matters, home, life and auto. She is certainly qualified to advise her readers to not spend more than they make. Saving money is certainly an admirable quality of life. She has excellent insights into 401k plans and the various rules and regulations surrounding them. Her expertise on how to handle and retire credit card debt is legendary and hopefully many readers have followed her advise. But are you ever going to ask Suze Orman for a stock idea? Can she tell the difference between mutual fund portfolio managers and how they operate? Has she ever analyzed or discussed a company's balance sheet, free cash flow analysis or growth rate vs.
Investment column: Bid mania can be profitable game for the ...
Correction, what correction? If that was it, investors can count themselves lucky - a 7pc slide in the FTSE 100 in just two weeks, then three weeks later, the market back within 2pc of February's peak. You shouldn't think we're out of the woods. It would not be the first time that shares clawed back three-quarters of their loss only to head south again with renewed vigour. It's called a sucker's rally. .
Crime crushes investment opportunities
Crime has a "severe negative to debilitating impact" on Cape Town's investment opportunities, according to a study commissioned by the Western Cape Investment and Trade Promotion Agency (Wesgro). In a survey on the investment constraints faced by Cape Town's businesses, it was found that crime had the largest impact on the city's 60 000 formal businesses. City businesses spent up to 7.8 percent of their annual turnover on measures to combat crime, compared to the national average of 1.1 percent. .
Sector Snap: Airline Stocks Dip
NEW YORK (AP) - Airline stocks dipped Tuesday, after crude oil prices regained some of the prior day's losses, and Bear Stearns trimmed first-quarter estimates for much of the industry. The Amex Airline Index slipped about three-quarters of 1 percent in midday trading, with eight of 11 component stocks declining. Hurting all shares was a barrel of oil gaining 57 cents to $62.08 on the New York Mercantile Exchange, a day after it slid nearly $3. Higher crude prices tend to weigh on shares of airlines, which count jet fuel among their top costs. .
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