In volatile markets most investors ignore simple and basic rules and strategies for staying focused. So how do you stay calm about your investments when the markets seem to be going crazy? By going back to the basics and sticking to simple stock trading rules!!! With a nervous market an ... Read more

Political Consequences The financial collapse resulted in a political crisis as Yeltsin, with his domestic support evaporating, had to contend with an emboldened opposition in the parliament. A week later, on August 23, Yeltsin fired Kiriyenko and declared his intention of returning Chernomyr ... Read more

The Effects On August 17, 1998, Russia was forced by an escalating payments crisis to devalue the Ruble dramatically, declared its intention to restructure all official domestic currency debt obligations by the end of 1999 an ... Read the full post ... Read more

When stock markets drop, especially significantly, it is obviously not very thrilling for an investor unless he invested in a down market. But a dropping market might not necessarily be such a bad thing after all. Down markets - more often than not - can present perfect buying opportunities. ... Read more

The Effects On August 17, 1998, Russia was forced by an escalating payments crisis to devalue the Ruble dramatically, declared its intention to restructure all official domestic currency debt obligations by the end of 1999 and imposed a 90 day moratorium on the repayment of private external ... Read more

The Russian financial crisis (also called "Ruble crisis") hit Russia on August 17, 1998. It was exacerbated by the global recession of 1998, which started with the Asian financial crisis in July 1997. Given the ensuing decline in world commodity prices, countries heavily dependent on the ... Read more

The Russian financial crisis (also called "Ruble crisis") hit Russia on August 17, 1998. It was exacerbated by the global recession of 1998, which started with the Asian financial crisis in July 1997. Given the ensuing decline in world commodity prices, countries heavily dependent on ... Read more

The East Asian Financial Crisis was a period of financial crisis that gripped much of Asia beginning in the summer of (July) 1997 and raised fears of a worldwide economic meltdown. It is also commonly referred to as the East Asian currency crisis or locally as the IMF (International Monetary ... Read more

We all make mistakes even if our name is Warren Buffett or George Soros. But when great investors such as Buffett and Soros make mistakes, the lessons for the rest of us are so much more interesting! Both get far more decisions right than wrong. Buffett took over as the world's richest man ... R ... Read more