Parchayi.com – Personal Finance Simplified

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

Now that Ahan, my son, is 7 months old and I have time to think, I started looking into college savings plans. The world of college savings plans is more complex than it has to be with every state having their own 529 plans, some good and some not so good. Then there is the [...]

The stock market is showing no signs of falling. From the looks of it the recession, at least as far as stocks go seems to be over.  Take into account that the S&P 500 is still at late 90s levels, it has a long way to go before reaching it’s 2007 highs. However looking at [...]