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January 28, 2004
Undercover car salesman
Edmunds.com: Journalist works undercover selling cars. Learns some of the tactics to encourage people to buy or feel that they're getting a good deal. At the same time, sales people are caught in a struggle between sales managers and customers. Knowledgable is buyers best defense.
Posted by eubie at 8:04 PM permalink
Bad news for the 401(k)
From CBS MarketWatch: Value Line projects the Dow will finish 2004 at 9,400 -- about 1,200 points lower than where it is now.
Articles says Value Line is being too cautious. ValueLine turned negative on the stock market in December, because the P/E ratio is historically high and earnings are not expected to grow that fast over the next five years.
Posted by eubie at 7:47 PM permalink