Parchayi.com - Personal Finance Simplified

Intel Buys McAfee, Why?

Sidd — Thu, 19 Aug 2010 19:26:34 +0000

Let’s start with the disclaimer that I own Intel Stock. After this acquisition, which I will try to fathom as I write this post, the stock is back down below the dismal level I bought it at. When I bought the stock it was with the thinking that “it can’t go lower than this” and [...]

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Blockbuster Adds No Added Cost Game Rentals. Still Dying

Sidd — Wed, 11 Aug 2010 14:46:18 +0000

I logged in to my Blockbuster account today and saw this: Blockbuster is really throwing everything and the kitchen sink to compete with Netflix and Redbox. But nothing seems to be working to keep the company alive. I’m not sure why they don’t throw in free streaming like Netflix too. Total Access (exchanging disks in store), no [...]

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Stocks for Bad Times (and Good Times)

Sidd — Tue, 06 Jul 2010 19:03:09 +0000

As the market tumbles and the Dow continues to stay under 10,000, a big question is what should we buy now as a replacement for the AAPL we sold. The stock market is tumbling and I want some safe havens to park the money forever or at least until I feel like getting back into [...]

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Should I Be Greedy about Apple?

Sidd — Thu, 17 Jun 2010 13:33:46 +0000

I acquired AAPL stock at prices ranging from $120 to $205. I had a sell order for about a third of my holdings at $250 but as the stock rose, I raised that to $275 and as the stock approaches that value after 600,000 iPhone 4 sales on day 1, I want to raise that [...]

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The New iPhone 4 and Apple/AT&T

Sidd — Mon, 07 Jun 2010 19:33:38 +0000

I’ve been following all the liveblogs online and have everything investors need to know about the new iPhone. So far the most significant thing about the iPhone itself that we didn’t know since the leaked iPhone is that it has a gyroscope. That will make the iPhone the leading development platform for mobile gaming until someone [...]

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AT&T Ends Unlimited Data Pricing Even on the iPad

Sidd — Wed, 02 Jun 2010 14:31:45 +0000

AT&T has ended unlimited data pricing on all devices including the iPad. The $30 unlimited plan has been replaced by the options of $15 for 200MB or $25 for 2GB. This may be good for AT&T in the short term but this is a long term negative for the consumer as data consumption is only [...]

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BP, Obama, Why was work on the Relief Well not started on Day 1

Sidd — Tue, 01 Jun 2010 14:53:10 +0000

If it was known that a relief well was the only solution that is 100% known to work, why was one not started on day 1 of the spill. We are now at Day 43. The work on a relief well has not even started as BP wastes time trying other stuff. If they would [...]

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Refinancing Experience, Part 1 (includes some Lender Reviews)

Sidd — Sun, 23 May 2010 15:21:51 +0000

On Friday rates dropped to 4.5% for FHA loans and 4.625 for Conventional with 0 points from many lenders as long as you had good credit. However working with lenders is painful. I found lenders from interest.com (owned by bankrate) and I started calling the ones with lowest fees. I actually started on Thursday when [...]

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HP Acquisition of PALM and the future

Sidd — Thu, 29 Apr 2010 13:54:23 +0000

I’m glad that somebody bought PALM finally! I own no stock in either PALM, Inc. (PALM) or Hewlett Packard Company (HPQ) but I didn’t want to see WebOS die. I don’t own a WebOS phone but it was a strong contender to be my next phone. Of course my hope was that HTC would take [...]

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Apple, Second Thoughts on Taking Profits

Sidd — Wed, 21 Apr 2010 14:13:36 +0000

Thanks to it’s meteoric rise in the last year, Apple is now Parchayi and my largest single investment. I was considering taking some profits when it crossed $250, which it did today after the monster quarter of nearly doubling earnings to $3.1 billion ($3.33/share) from 1.6 billion ($1.79/share) same Q last year on a 50% [...]

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