Warning: The price of the iPhone could go down again

Steve Jobs decided to iPologize to hordes of tinkled iPhone buyers after Apple announced that the price of the must-have telephony appliance was slashed by a third just a couple of months after the initial release. The apology did come with a consolation prize: a $100 Apple Store credit for each iPhone trailblazer who paid … Read more

A couple of deals I passed over

Well, that didn’t last long. I was all sorts of pumped that the discount grocery store in our area had opened its doors again. Only a few months later, it’s out of business again. The last day was Friday, and they sold everything at 75% off. For already discounted merchandise, this isn’t bad at all. … Read more

Nervousness and the markets

Lady: Nervous?Striker: Yes.Lady: First time?Striker: No, I’ve been nervous lots of times. (Hard to believe that Airplane! is pushing thirty years old.  Man sakes alive.) Anyway, The Simple Dollar gave an unusual response to a reader who was concerned about having too much weight in stocks in her portfolio: My philosophy is that the instant … Read more

The market needs nothing

Today was another lousy day for the Dow stocks (except for Johnson and Johnson (JNJ), the only winner).  In one article there was an interesting comment: “Yes, the market would probably move dramatically higher if they made a cut,” said Linda Duessel, market strategist at Federated Investors in Pittsburgh. “But I think it’s more prudent … Read more