Parchayi.com - Personal Finance Simplified

Scottrade Down?

Sidd — Mon, 08 Mar 2010 15:07:39 +0000

10:07 am: Looks like Scottrade systems are down and refusing to let me login. Calling them results in some message about unusually high call volume and both local and national lines are busy. So everybody seems to be calling to complain. Update 10:17: Scottrade really is down – http://twitter.com/Scottrade – “We apologize for the inconvenience. We [...]

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Apple’s iPad and the Stock

Sidd — Wed, 27 Jan 2010 20:15:51 +0000

As soon as the event started the stock started dropping but picked up steam as the event went on, especially after the pricing was announced. As a stockholder I am happy with this device. It is everything that was expected at a cheaper price than expected. The most expensive version is $829, well under $1000 [...]

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Apple’s Monster Numbers

Sidd — Mon, 25 Jan 2010 16:43:54 +0000

Apple adopted new accounting standards so it took some back of the hand math to come up with expectations etc. Computed Avg Expectation with new accounting: $2.45/share Actual: $3.67/share My eyes popped out of my head (almost) when I saw the number. Luckily I added a few more shares just before trading was halted at $204. Trading resumes [...]

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Apple Rumors and the Stock

Sidd — Tue, 19 Jan 2010 19:33:09 +0000

Apple Stock is up over 4% today after the company sent out official invites to an event on Jan 27. The invite only said “Come See Our Latest Creation”. Speculation is that Apple plans to release a tablet PC, possibly called iSlate. However rumors are that Apple is also planning to sell eBooks on the [...]

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Google – China = Baidu++

Sidd — Wed, 13 Jan 2010 16:44:15 +0000

Google (GOOG) announced yesterday that they may shut down their Chinese operations completely and the feeling amongst analysts is that this is more likely than not to happen. The Chinese search engine market is dominated by Baidu (BIDU) with Google a distant second. The announcement has caused Google’s stock to drop and Baidu’s stock [...]

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Bombay aka Mumbai after 4 years

Sidd — Mon, 11 Jan 2010 20:29:47 +0000

I recently was in Bombay for a month. After 4 years Bombay is a totally different place. There is even more construction everywhere – the airport is being expanded, new flyovers, new metro under construction, new skyscrapers advertising everywhere, fancy highways and more giant malls than one can possibly imagine. 4 years ago there already [...]

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Verizon vs At&T. Fastest 3G vs. Most Reliable 3G

Sidd — Thu, 12 Nov 2009 20:34:53 +0000

The new At&T lawsuit is not the first one it has filed against Verizon. In July At&T filed a lawsuit against Verizon for claiming their network to be “the best” and “the most reliable” 3G network. At the same time At&T themselves claimed “More Bars in More Places” (ha). Now AT&T is suing Verizon for their [...]

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Credit Card Rates Up, Benefits Down

Sidd — Wed, 11 Nov 2009 15:16:12 +0000

Parchayi and me both have credit scores in the 800s, always pay all bills on time etc. and in spite of that we have been seeing notices from credit card companies every few months increasing rates and reducing benefits. It seems we are not alone and banks are just jerks who will do as they [...]

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Some Movie Studios Shoot Themselves in the Foot

Sidd — Tue, 03 Nov 2009 14:28:41 +0000

This news is a couple of months old but it is worth reporting here because if you are an investor in movie studios, it might be time to quit. Universal, Warner and Fox are all showing serious signs of desperation by introducing delay windows for rental outlets like Redbox and Netflix before directly selling them [...]

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Year of the Tech Stock?

Sidd — Fri, 23 Oct 2009 15:53:09 +0000

The Nasdaq is up almost 50% this year while the Dow is up almost 20%. Tech stocks are reporting stellar earnings with Intel, Microsoft, Amazon, Apple, Google amongst others all beating estimates. If the trend continues, 2009 will really be the year of the tech stock. And it isn’t even really that much of a bubble. [...]

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