Saturday, June 7, 2008
Friday, February 22, 2008
Wrongful Death Lawsuits
Business law is an important topic to know, especially in the area of business finance.
Wrongful death action is an example of a person using the court system to solicit tort damages. For example, the teenager that was mauled and killed by a tiger in the San Francisco Zoo on Christmas died at the hospital. However, his family sued the city of San Francisco for a wrongful death suit. The interesting thing about this case was that the victim's friend were apparently taunting the tiger and a couple of weeks earlier they had gotten into some trouble with police because they were drunk.
Wrongful death action is an example of a person using the court system to solicit tort damages. For example, the teenager that was mauled and killed by a tiger in the San Francisco Zoo on Christmas died at the hospital. However, his family sued the city of San Francisco for a wrongful death suit. The interesting thing about this case was that the victim's friend were apparently taunting the tiger and a couple of weeks earlier they had gotten into some trouble with police because they were drunk.
Thursday, January 10, 2008
Manuel Marino's Blog
Recently, a fellow blogger introduced me to his blog. I was very impressed by how much content his blog had. My goal for this new year is to make this blog as successful as Manuel Marino's.
Technorati Profile
Technorati Profile
Monday, December 24, 2007
4 Things to Look for in Options
There are 4 questions to ask when dealing with options.
1. How much is the position going to cost me?
2. What is the maximum gain potential?
3. What is the maximum loss potential?
4. What is the breakeven point?
1. How much is the position going to cost me?
2. What is the maximum gain potential?
3. What is the maximum loss potential?
4. What is the breakeven point?
Options for Newbies
Only two types of options exist: calls and puts.
A call is a long position. A put is a short position. You buy to open a call to open a long position, and you buy to open a put to open a short position. A call expects the underlying stock to go up, and a put expects the underlying stock to go down.
A call is a long position. A put is a short position. You buy to open a call to open a long position, and you buy to open a put to open a short position. A call expects the underlying stock to go up, and a put expects the underlying stock to go down.
Friday, December 21, 2007
Equipment Trust Certificate
Some companies issues a debt certificate where it uses its equipment as collateral for the certificate. For instance, a trucking company can issue an Equipment Trust Certificate to borrowers, and use its fleet of trucks as collateral. Equipment Trust Certificates would be classifed as a safe investment since it is backed by an asset.
Labels:
debt Equipment Trust Certificate
Preferred Stock
Hopefully there is no misconception that just because a preferred stockholder is compensated before a common stockholder should a company be forced to liquidate its assets, that is not the single most important reason to invest in a company's preferred stock. If a company is struggling and one invests in it in hopes of getting a share of the liquidated assets, understand that that is not a very bright idea. It is better to invest in healthy companies than struggling ones.
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