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GDP fell in 4Q, not as bad as investors were expecting.

As consumers cutback spending and credit markets tighten, the economy takes hit after hit and has now seen the worst growth in a quarter century.
The 4Q GDP shrank by 3.8 percent for 2008. While this number is better than some investors expected, it still shows …

SEC is looking into Steve Job’s health disclosure

As I wrote in an earlier post, Apple’s stock price seems to be tied to the health of its CEO Steve Jobs. Now the SEC is looking into his health disclosure to see if it has misled investors.
Last week, Jobs announced that he would be …

Apple CEO Steve Jobs cites health reasons for upcoming absences.

Steve Jobs has said time and time again that his health is just fine and he will remain the CEO of Apple, but today he announced that he will be taking a medical leave because his health is worse than he has been saying.
Apple’s shares …

Happy New Year!!!

Happy New Year 2009 from everyone at the Lucrative Investor and Lucrative Investing, Inc. Looking around at predictions for the new year, 2009 is set to be a more positive year than 2008…
I don’t know if it could get worse for some, but we’re going …

What is a Ponzi scheme?

Named after Charles K. Ponzi, Ponzi schemes have had a very prominent place in the headlines in the last few weeks thanks to the Bernard Madoff scheme. A Ponzi scheme is defined as an investment swindle in which high profits are promised from fictitious sources …