The Rival Rundown: Michigan vs. Ohio State

Welcome back to The Rival Rundown! If you’ve always wanted to give props to your school on CC, now’s your chance! Shoot us an email explaining what’s awesome and unique about your school (or what stinks about Rival U) at rivalrundown@collegecandy.com!

This is it, folks, the grand daddy of all college rivalries! Noted by ESPN as the greatest North American sports rivalry today, the bad blood between the University of Michigan and the Ohio State University is unequaled. This weekend marks the one hundred and sixth meeting of the two teams, in the last regular-season football game. If you don’t happen to be one who bleeds maize and blue, or scarlet and gray, now’s your chance to catch up on the rivalry that will be on the tips of everyone’s tongues this week.

Quick Facts:
University of Michigan: Public research university in Ann Arbor, Michigan. Enrollment of over 50,000. Mascot is the Wolverine.
Ohio State University: Public research university in Columbus, Ohio. Enrollment of over 50,000. Mascot is the Buckeye. Read More »

CC’s Expert Series: Understanding The Economic Situation (Pt. 2)

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(In the second installment of our Expert Series Understanding The Economic Situation, we continue with the Q and A with a VP of an Investment Banking Firm. He knows his stuff and he’s gonna break it down for us in ways we can finally understand. Pay attention; he offers great advice for us college ladies for saving, spending, and not getting depressed. In case you missed the first part, read it HERE]

Do these recent economic waves mean college students and recent grads should stay away from investing in the stock market right now?

No – they should DEF participate and now is the time to do it. Recent and current grads should look to NON-financial stocks. Everything is down right now and there are so many bargains. Look to other tech and retail stocks. Buy stock and just let it sit. Don’t start trading regularly like I did when I was in college. I didn’t really make anything off of it, and if I had held onto the Google stock that I bought at $15, I would NOT be answering this email right now – I would be on a beach drinking fruity drinks with umbrellas.

How does one actually start to make smart investments?

Smart investments are ones that are based off of information, not emotion. An emotional investment is, “OMG, everyone is selling off finance stocks – I should sell mine too!” An informed one is made by reading 10K reports, poking around the internet for info, maybe even emailing or calling an investor relations representative of a company (they HAVE to talk to you and actually like doing so). Then you say, “Oh, Lehman is f*cked but JP Morgan is still in a strong position.” Read More »

CC’s Expert Series: Understanding The Economic Situation

recession.jpgWe’ve sorta been freaking out lately about this whole economy thing. What the hell is going on? How bad is it? Should we start stocking up on non-perishables?

Depending on what channel we are watching, or what paper we are reading, we are hearing very different things. Most of which we do not understand.

So, we at CollegeCandy decided to bring in an expert: a VP of an Investment Banking Firm. He knows his stuff and he’s gonna break it down for us in ways we can finally understand. Pay attention; he offers great advice for us college ladies for saving, spending, and not getting depressed.

(Note: We had so many questions that it was just way too much info for a single post, so we will be breaking this one down into two. Come back tomorrow at the same time to find out the rest!)

CC: We keep hearing the words “Recession” and “Depression” – What’s the difference between them and which one are we REALLY dealing with now?

VP:The market, especially now that it has been globalized, is very cyclical. It goes through growth periods and reduction periods. A recession, in its most simple terms is an extended and significant contraction of the market that is evident in several indicators that are generally accepted as representative of the market. The REASONS for contraction are endless; everything from housing to taxes to the results of Rose Bowl affect the market, but it is important to note that a recession refers to SIGNIFICANT losses across the country for over 1 quarter (3 months), but – this part is important – it should be visible in the GDP. A depression is simply a sustained recession. Read More »