With an IPO looming it’s time weigh-in on the subject. For starters, advertisers still don’t know what to make of the social networks strategic advantage – General Motors (GM) a major advertiser is fed-up and pulled $10 million of its U.S. budget. On the other hand, Ford has praised the use of ads on the social platform. So where does the smart money go? For some early investors the way to go is to actually unload some of the shares in the company during the IPO. This move by wary investors might hurt the company’s revenue in the short-run, but Facebook’s potential as an advertising platform has not fully rolled-out to market, so the long-run effect on revenue is still a big mystery. The proliferation of active Facebook users is tremendous so advertisers can’t completely ignore the potential of the tool, but the learning curve is steep so not everyone gets it. The big players like Goldman Sachs plans to sell up to half it’s stock in the IPO, which is a huge blow to the prospect of a smooth offering.
All things being equal, Facebook raised 16 billion dollars after 421.2 millions shares were priced at $38 a share, which makes it the 40th most valuable company in the world. So now the company is set to go prime time on the Nasdaq system, and come this Friday the valuation Facebook is projected to be $104.1 billion. The only drawback is that with so much doubt about the company’s computer and mobile advertising reach, most investors should be cautious during the IPO.
Every man needs to be about his business, the business of making money. The obvious means are to get a job, then a paycheck and hopefully stash some dough in a 401k or IRA if you want to play it safe. Fair enough, but those that want to win big tend to invest in the markets… ’cause that’s where the big return is if you know what you’re doing. However, do you really know what your doing? Chances are that you don’t have a clue, but no worries ’cause were here to help you understand the basics of the Stock market and hopefully you won’t loose your shirt, ya dig? Cool.
We hear about the market all the time: The Dow (Dow Jones Industrial Average) is up today, the Dow is down to day, it always makes the headlines, bud do we know what that means? Obviously, stocks and the stock market are important, but what is a stock? What is a stock market? Good questions, so lets tackle a few things first: A stock, at its core, represents ownership of a company’s assets and profits. A dividend on a share of stock represents that share’s portion of the company’s profits, and is distributed yearly. One measure of the value of a company is the product of the number of shares that investors own multiplied by the share price. This value is called the capitalization of the company. Stocks in publicly traded companies are bought and sold at a stock market (also known as a stock exchange). Ever hear of the New York Stock Exchange (NYSE), bingo.
The stock exchange is where all the buying and selling takes place, and allows the price of a stock to be known every second of the day. Investors can watch as a stock’s price fluctuates based on news from the company, media reports, national economic news and lots of other factors. Buyers and sellers take all of these elements into account. The price of a stock also reflects the dividend that the stock pays, the projected earnings of the company in the future.
If a company traditionally pays out most its profits to its shareholders, it is generally called an income stock. The shareholders get income from the company’s profits. If the company puts most of the money back into the business, it is called a growth stock. The company is trying to grow larger by increasing the amount of equipment and the number of people who run it.
Now that we have the primer, lets discuss the other layers that involve the stock market. The Dow Jones Industrial Average is just one of many broad averages that are designed to tell the public how companies traded on the stock market are doing in general. For example, the Dow Jones Industrial Average is simply the average value of 30 large, industrial stocks. Big companies like General Motors, Goodyear, IBM and Exxon are the companies that make up this index. The S&P 500 is the average value of 500 large companies. The Russel 2000 index averages the values of 2,000 smaller companies.
What these averages tell you is the general health of stock prices. If the economy is doing well, then the prices of stocks as a group tend to rise in what is referred to as a “bull market.” If it is doing poorly, prices as a group tend to fall in what is called a “bear market.” The averages reveal these tendencies in the market as a whole.
There are three big stock exchanges in the United States:
•NYSE – New York Stock Exchange
•AMEX – American Stock Exchange
•NASDAQ – National Association of Securities Dealers
Typically, a person calls a stock broker in a firm that is authorized to trade at the exchange, such brokerage houses like Merrill Lynch, Charles Schwab and Morgan Stanley. When we call up a broker at one of these companies, they relay the trade to the floor of the appropriate exchange, and a representative of the company (or computer representing the company) makes the trade on our behalf. The broker earns a commission (generally $10 to $100 per trade, depending on the broker) to provide this service. Nowadays, trading is easier because it can be done online.
Are we ready to start trading? Maybe, but in order to pick the right stock you have to know how to read a Stock Table/Quote.
All financial paper has stock quotes that will look something like the below:
Columns 1 & 2: 52-Week High and Low – These are the highest and lowest prices at which a stock has traded over the previous 52 weeks (one year). This typically does not include the previous day’s trading.
Column 3: Company Name & Type of Stock – This column lists the name of the company. If there are no special symbols or letters following the name, it is common stock. Different symbols imply different classes of shares. For example, “pf” means the shares are preferred stock.
Column 4: Ticker Symbol – This is the unique alphabetic name which identifies the stock. On TV, we have seen the ticker tape move across the screen, quoting the latest prices alongside this symbol. If we’re looking for stock quotes online, we always search for a company by the ticker symbol.
Column 5: Dividend Per Share – This indicates the annual dividend payment per share. If this space is blank, the company does not currently pay out dividends.
Column 6: Dividend Yield – The percentage return on the dividend. Calculated as annual dividends per share divided by price per share.
Column 7: Price/Earnings Ratio – This is calculated by dividing the current stock price by earnings per share from the last four quarters.
Column 8: Trading Volume – This figure shows the total number of shares traded for the day, listed in hundreds. To get the actual number traded, add “00” to the end of the number listed.
Column 9 & 10: Day High and Low – This indicates the price range at which the stock has traded at throughout the day. In other words, these are the maximum and the minimum prices that people have paid for the stock.
Column 11: Close – The close is the last trading price recorded when the market closed on the day. If the closing price is up or down more than 5% than the previous day’s close, the entire listing for that stock is bold-faced. Keep in mind, you are not guaranteed to get this price if you buy the stock the next day because the price is constantly changing (even after the exchange is closed for the day). The close is merely an indicator of past performance and except in extreme circumstances serves as a ballpark of what you should expect to pay.
Column 12: Net Change – This is the dollar value change in the stock price from the previous day’s closing price. When you hear about a stock being “up for the day,” it means the net change was positive.
Quotes on the Internet
Nowadays, it’s more convenient for most to get stock quotes off the Internet. To get quotes, simply enter the ticker symbol into the quote box of any major financial site like Yahoo! Finance, Marketwatch or MSN Money.
The example below shows a quote for Microsoft (MSFT) from Yahoo! Finance. Interpreting the data is exactly the same as with the newspaper.
Now that you have the treatment on understanding the stock market, hopefully the funny numbers in the Financial section of your favorite newspaper make a lot more sense, buddy.
Black Cap-Toe Oxfords
A grizzly bear attack would likely kill or leave the victim severely maimed or scarred. However, an encounter with a grizzly doesn’t always have to end in bloodshed. If we use safe hiking and camping practices, learning how to read a bear’s body language, and staying calm – we can increase the odds of walking away in one piece.
The two bears we’re most likely to encounter during a hike or camping are the black bears and grizzly bears. So it’s imperative to differentiate between the two – each type reacts differently to humans. Black bears tend to be more tolerant of people and live near populated areas, also, they are less aggressive than grizzly bears. These visual cues below can be used to tell them apart:
- Black bears are mostly black, in some cases brown, blue-black or even cinnamon-colored.
- Grizzlies range in color, but are primarily brown – more aggressive because they can’t climb trees to escape a threat, so they will stand their ground.
If we’re hiking or camping always pay attention to the surroundings and follow some simple rules:
- check with park officials about bear sightings or activity.
- Bears like to frequent stream beds, berry patches and dense edge cover (the border of grass, weeds and shrubs along the forest line).
- Keep an eye-out for bear tracks or fresh bear scat (more than 2 inches in diameter) on hiking trails.
- Beware of animal carcasses. Grizzlies will hang around fresh kills for days to protect their food source.
- See a bear cub – the mother is not far behind.
- Grizzly bears are active at dawn, dusk and during the night.
Grizzlies rarely hunt human (unless they’re hungry and predatory) and most of the time, they just wants to remove a threat. A few things to keep in mind about the bears body language:
- A bear that are agitated and upset – will put its ears back, lower its head and swing it from side to side, paw at the ground, make growling noises or simply charge without warning.
- A bear that make direct eye contact with its ears back is feeling threatened, and this needs to be taken as a serious warning. If it begins to “pop” its jaw, it’s getting ready to charge. The bear might “bluff” charge to gauge the reaction. One thing is fore sure, never try to outrun a charging bear – it can reach speeds of up to 30 mph.
So why would a bear attack in the first place? The most common reason is a protective mother bear with her cubs. Surprising or startling a bear or getting too close to a bear’s food are other reasons. Or, the bear may simply be hungry and predatory. If we find ourselves on the business end of a bear the most important thing to remember is to keep our composure and don’t make any sudden moves. Avoid making direct eye contact with the bear — it’s a sign of aggression. Instead, be submissive by backing away slowly and speaking to it in a calm, monotone voice – to help diffuse the perception of being a threat. So what to do if we’re not so lucky? If a bear continues to advance toward us, it’s time to use your bear spray! Never travel into bear country without bear spray (pepper spray) and only as a last resort. The last thing we want is to miss and simply agitate the bear more.
The 59th Annual Grammys was packed with stunning performances, controversial award winners and acceptance speeches with real-world relevance. However, this night will forever be remembered by one poignant question – How did Beyonce lose again? Many factors played into this outcome: decades of similar precedents and voter demographics, and sadly bad timing.
It goes without saying that Adele’s 25 was a less-progressive album of the year than Beyonce’s Lemonade — so much so that Adele herself was apologetic during her acceptance speech. However, the fact of the matter remains that 25 had a wider audience, and a Grammy-friendly sound that inevitably sealed the deal.
Super Bowl 51 promised to be one of the closer match-ups in recent football history, but no-one expected New England to comeback in overtime, and win. Both teams had powerful offenses, but the Patriots had Tom Brady and Bill Belichick in their seventh Super Bowl together. On Super Bowl Sunday they made history — Brady became the first-ever quarterback to win five Super Bowl titles, while missing in action during the first four games and not having Rob Gronkowski for most of the season no less. He was having a stellar year with 28 touchdown passes to just two interceptions.
The Falcons on the other hand were led by MVP winner Matt Ryan – in good form and having his best season – 38 touchdowns, 4,944 passing yards and a great QB Rating (117.1). Julio Jones was his ace at receiver, despite a toe injury, and the Falcons having a weaker defense, the team still had all the tools to outscore any opponent.
Going into Super Bowl LI – it was a total toss-up as to which team lifted the Lombardi Trophy, but after an intense second half that ended in a 28-28 tie – the game went into overtime and the rest as they say is history. Final score: 34-28 and Tom Brady is legend.
It goes without saying that most men a clueless when it comes to style. A man either has his look together and spends a lot of time cultivating their appearance or is clueless and know nothing about style. Fear not though, it take a great amount of cash to be stylish. There are a few things men can do to look better without touching draining their cash-flow or taking hours to keep up appearances. Here are a few helpful tips to start looking better now.
- Buy a great pair of shoes and a simple belt – everyone notices a good pair of shoes! If you have to spend money, let it be on the foundation of any outfit. Also, a belt made of premium leather is a nice touch – black and brown are safe bets and can be dressed up or down. If you must, try to match the belt to the trousers and shoes, but don’t go full matchy-matchy.
- Drop the logos and buy fitted clothing – logos are making a comeback in high-fashion, but nothing says douche-bag more than loud branded shirts and trousers – stick to solid colors, subtle stripes or standout patterns to be safe. Also, make sure the clothes fit – nothing says stylish more than a bespoke outfit. Wearing unfitted clothing is the biggest offense most men make, and it makes then look messy. If you’re like most of us, and buy off the rack – find a good tailor and have them make adjustments – the extra effort will pay dividends.
- Mix things up and remember details matter – personal style trumps everything, so take some creative risks and find a look that works, but by all means don’t be trendy. Also, add little things to get that extra edge to an outfit – bold socks, a great tie, a stylish scarf, cuff links, a cool pocket square, etc. all these little things will add up!