June 30, 2008at 3:21 am
· Filed under Insurance, investments
White mountains insurance WTM stock in a downward trend
Since 2004 White mountains insurance stock has been in a strong downward trend. I believe the trend is your friend. That is unless there is a strong reason to reverse the trend the trend will continue. In 2004 they moved a lot of things (IMO smoke and mirrors) around in the company internally and it gave White mountains insurance (WTM) a nice short term boast in terms of stock price. However, the company for 4 years has been in a strong downward trend, since its dizzing highs around 600 dollars a share. I do not understand why fully, however, I do know the investment company of WTM was invested in large stock positions of mortgage back securities. These were approved by John Gillespie as he is the head of the WTM’s investment management firm. However, John sold 1.4 million dollars of WTM stock in the spring of 2008. I do not know why, it could have been for personal reasons. Overall I personally would not buy this stock for a long time to come until it shows any signs of life from this large downward trend. I am not an expert but rather an observer.
205 words, reading time ~ 49 secs
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Tags: white moutains insurance, wtm
June 29, 2008at 12:23 pm
· Filed under non insurance
Anne Hathaway dumps boyfriend
Everyone now knows that Anne Hathaway has left her boyfriend day before he was arrested for various financial crimes, such as coning people of their money posing as a Vatican representative. The question is why the FBI did not also charge Anne Hathaway? She was his boyfriend for 4 years, flew on private jets and lived the life of a princess with his money. How could she not know about his? Why did she leave just before he was arrested? It all sounds very strange to me.
92 words, reading time ~ 22 secs
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June 23, 2008at 6:02 am
· Filed under Insurance, investments
How insurance companies make money
So you think you know how insurance companies make money? Guess again. Most companies do not make a profit on the premiums they get from you, in fact many have an operating loss. Its all about something called the ‘combined ratio’. This is a measure of profitability from the core business. Many insurance companies have combined ratios of greater than 1.00, (1.07 for example) which means they in theory are paying out more than they earn.
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Tags: Insurance, investments
June 22, 2008at 12:22 pm
· Filed under Auto Insurance
Auto insurance Massachusetts
Every website and blog talks about cheap auto insurance rates, compare auto insurance in Massachusetts, where to find the best auto insurance in Massachusetts etc. I think Auto insurance comparision, is a little like mutual fund comparsion, that is people look at what is the ‘hot fund of the month’ and often times its not the same next month. Therefore, when you go for auto insurance do not just look at the rate but other factors like ease of payout and how the company will work with you. In my opinion the best Auto insurance in Massachusetts is Liberty Mutual. Liberty Mutual is a very well run company which in my experience offers very good rates and service. I was insured my Liberty mutual and only had positive experiences with Liberty mutual. I actually worked for OneBeacon insurance, which in my opinion was a little high in terms of rates and I even could get a discount, but just in other ways. However I thought all around if you are shopping for Auto insurance in Massaschusetts, Liberty mutual insurance is the company I would choose again. I am not going to throw numbers at you, rather I think experience speaks louder, however, if you want a quote finder go to msn money, there you can compare auto insurance rates in Massachusetts. This post is not a quote finder post or scientific analysis this is the feedback I have herd from others and has been my experience.
250 words, reading time ~ 1:00 mins
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Tags: Auto Insurance, auto insurance massachusetts, massachusetts, quotes
June 21, 2008at 6:35 am
· Filed under Autos, cars
Autos cause pollution
I live in Krakow, Its in a valley so there is some moderate pollution. Many people say its from factories or other sources, however, on the days autos are in Krakow the air is polluted on the days they are not the air is clear. You can see this in any major city that Autos cause pollution. So when gas prices go up it is not always a bad thing. People will drive less and the air will be cleaner. This is a fact. Autos cause pollution.
91 words, reading time ~ 22 secs
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Tags: Autos, cars, pollution
June 20, 2008at 8:55 am
· Filed under Auto Insurance, car insurance
Best way to save on Auto insurance
What is the number one guaranteed way of saving on auto insurance? I have a full proof way to save on Auto insurance. I sold my car. I do not have a car and have not had one in years. I am lucky that I have lived in cities, but in my opinion cars are over rated. I use the bus and take a train, ride my bike, walk take a tram, but I do not have a car. The result of not having a car, at 45 I am in top condition and have saved enough money to travel whenever I want. With the total savings I have had, minus renting a car now and then is tens of thousands of dollars. Yes not having a car is the best way to save on auto insurance. I am not being ironic here I live.
154 words, reading time ~ 37 secs
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Tags: Auto Insurance, car insurance
June 18, 2008at 11:49 am
· Filed under Oil
Bush Oil
Bush wants to mine our national parks for oil. If you still think Iraq was about weapons of mass destruction you will just love Bushes new plan to mine national parks for oil. Look even if it buys the USA a few more years of oil its is all about Bush’s connection to the Texas oil companies. No question. Profits for his friends and the price is we will destroy our national parks. Also it will prevent or slow the USA from developing alternative energy first. The country that develops real energy alternatives will the the country that will lead the world in this century. Bush and Bush policies are nothing about America and all about oil company profits. By the way, I am a republican and I own a large postion of stock in an oil company. But I am an American first. I think Bush oil policies have betrayed the American people’s long term future.
160 words, reading time ~ 38 secs
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June 18, 2008at 6:30 am
· Filed under McCain, Oil
McCain and oil
Presidential candidate McCain’s answer to the energy problems for the world is to drill for more oil and he said we will stay in Iraq for 100 years. Bush said the solution was to build more refineries. Bush and McCain are not for America. I am a republican but these old world politics are not the way to make the USA a land of opportunity again. This will maybe help us for the next 10 years at most, but then what? It will help the oil companies, it will help the status quo. But what about investing in other types of energy. And there are plenty of new technologies. If we spend as much money on new energy rather than drilling and war we would all not have to worry about the price of gas at the pump. I want to drive a car and not worry, McCain is a 1960s leader in 2008. I do not think America is the land of dreams anymore. Most people work very hard and the work place is dog eat dog and its because of old fashion thinking. McCain’s oil policies will do nothing for the USA and the auto enthusiast.
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June 7, 2008at 6:00 am
· Filed under Oil, cars
Oil’s new high - cars are out
I think the time of the car is over. There is no way, that everyone in the world can continue to drive freely like in the past 30 years. My analysis of world oil supplies is 25 years, however, that is more an absolute level. Demand is increasing not just because of cars but because of industry. Industry and modernization of the rest of the 5 billion people living outside of Europe and America. If we have 25 absolute years for oil we have about 5 years before oil gets to such high level that our disposable income can not afford using a car except for absolute necessity.
116 words, reading time ~ 28 secs
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Tags: cars, Oil
June 1, 2008at 4:31 pm
· Filed under Auto Insurance jokes and stories
Insurance joke but true
A lawyer from Hartford, CT insured his cigar collection, including against fire. Of course after smoking them he made a claim saying they were destroyed in a series of fires. Well although the judge did not like it, on paper it did say the cigars were insured against fire and fire damage. The Hartford insurance company had to pay the claim. However, once he cashed the check, well he was arrest on arson charges with the insurance company having his sworn statements that he started the fires which destroyed his own property that he insured.
100 words, reading time ~ 24 secs
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Tags: Hartford insurance, Insurane joke
