Parchayi.com – Personal Finance Simplified

I just ran an XRay on all our investments today and I was sort of surprised. I knew my International exposure would be less since I sold of a majority of my India funds. However, considering that my largest holding is VEIEX (9% of my portfolio), it was strange to see that my portfolio was [...]

Wachovia Insiders (including the CEO and other directors) have been buying up a lot of stock lately as the stock has taken a severe beating. The yeild on Wachovia stock is currently over 6.5% and it probably can’t get too much better. So I got myself some Wachovia stock too, which I hope will payoff [...]

Here is a list of some ridiculous dividend yeilds from Financials

Bank Of America (BAC)
5.8%

Wachovia (WB)
5.9%

Citibank (C)
6%

Washington Mutual (WM)
9.3%

Barclays (BCS)
5.6%

Some of these dividends have always been growing (e.g. BAC has raised dividends for 30 straight years). I would expect Bank of America and Wachovia to continue paying their dividend and even raise it as usual in [...]

The Bombay stock exchange breifly crossed 20,000 twice before closing below 20,000. Is 20,000 here to stay or are we headed in for a wild ride and headed back to 18,000? Noone can tell. For now, I have unloaded my India funds and taken some profits. I will get back in at dips. However they [...]