Parchayi.com – Personal Finance Simplified

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 [...]

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. [...]

Looks like I’m Posting a lot about Microsoft lately. Miscrosoft missed analyst estimates and revenues were down 17% and earnings down more than 1.2 billion$ (yes that is billion) as compared to last year.
Maybe Vista is to blame, maybe the bad economy though Intel’s results would indicate otherwise. Every few weeks I hear about [...]

Intel and Google, both companies that I own stock in, both recently reporting. Intel reported spectacular results on Tuesday (as compared to analyst estimates and the previous quarter, still below last years results). Intel also upped it’s guidance. Positive news from Intel lifted the market up.
Google was the next to report and even though Google [...]

In the last few months I have found myself going to Walmart more and more often. It is not because we enjoy shopping at Walmart more now or enjoy Target less. It is (mostly*) because of Free Site to Store Shipping. Also due to an error on Walmarts part on one item I ordered online, [...]

So the Microdoft layoff rumors did turn out to be true. It was 5,000 layoffs instead of 15,000 but still a large number.
Intel is also laying off 6,000 and closing factories, Ericsson is laying off 5000 and AMD 1100
Google results were the only good thing to come out in recent days.

Continuing my previous post on the citi-wachovia deal and some comments from me and others on that post at seekingalpha, here is what is known so far.
At the end of the year we will get proxy statements and will be able to vote on the deal. I sure as hell am not voting for it [...]

Tata Motors unveiled the Nano today – its highly anticipated 1 lakh Rs. ($2500 approx) car at the New Delhi Auto Show. The street price after taxes and destination fees will be about 1.2 lakh for the base model. Here are the specs: 30 HP, 624cc engine, Seats 5 (it seems). It has a 4 [...]

I’m a loyal Blockbuster Online customer (but not a stockholder) and have been following the Blockbuster/Netflix battle for a while now. I applauded the Total Access service, was disappointed when they limited my Total Access DVDs to five per month and now after seeing how Blockbuster works I can comment on all the places they [...]

The India Fund Inc. now trades at a nearly 10% discount compared with a nearly 20% premium same time last year. The Indian stock market BSE index is now back over 14000 and stocks are doing well, however the premium on IFN does not seem to be improving. This is probably a good time to [...]