Archive for October, 2006

Free online equity trades at Bank of America

Tuesday, October 10th, 2006

The discount brokerage price war is really heating up. Now, Bank of America has joined in the battle as well. According to Bank of America’s website, an investor can … get as many as 30 commission-free online equity trades per month with: A self-directed brokerage account with Banc of America Investment Services, Inc. A combined [...]

Cash balance interest and margin account

Tuesday, October 10th, 2006

This post is about how to maximize your cash balance interest earnings while waiting for an opportunity to invest the money.

Breakeven point for an investment in S&P500 index

Sunday, October 8th, 2006

The recent highs of the Dow Jones Industrials Average prompted me to look into whether a lump-sum investment at the peak of the S&P 500 has reached the breakeven point. According to data from Yahoo finance, the S&P 500 reached its last peak on Mar 24, 2000, with a value of 1527.46 and the closing [...]