Posted October 19, 2008 - 03:09 by Nora Dunn
Achieving the right asset allocation can be like groping around in the dark (and not in a fun kind of way!) if you don’t know where to begin. This article will help you to determine the proper asset allocation for your money.
Posted October 9, 2008 - 22:25 by Xin Lu
With the recent upheaval in the financial markets, many individual investors are feeling the pain of shrinking investment accounts. In fact, over $2 trillion dollars have been wiped out from retirement accounts in the past 15 months. One of my friends says that it seems that every bit of money he contributes into his 401k is gone by the next statement. I understand how he feels, but I believe that young investors should try not to panic in these turbulent times and "stay the course" with their investments.
Posted September 26, 2008 - 10:10 by Xin Lu
Last year I wrote an article about how I used my Vanguard Tax Exempt Money Market Fund as a high yield checkings account, and this week I suddenly got quite a few hits for that article. So I wondered why that was and found that the yield for the tax exempt money market funds have shot up significantly.
Posted September 19, 2008 - 04:12 by Philip Brewer
Early this morning, the Treasury announced deposit insurance for money market mutual funds, provided that the fund pays a fee. The money to provide the insurance will come from the Exchange Stabilization Fund (the government account holding the profits that the federal government realized when they seized everyone's gold in 1934).
Posted September 16, 2008 - 19:08 by Philip Brewer
For thirty years, people have treated money funds as being just as safe as a bank. On the rare occasions when money fund management made a bad investment, they've voluntarily coughed up enough money to make investors whole. Today, though, the money market mutual fund The Primary Fund (part of The Reserve Funds) announced that its shares, normally worth $1, were only worth 97 cents.
Posted September 9, 2008 - 06:42 by Myscha Theriault
Looking for something a bit more exotic when you retire? Do tropical rain forests, cheap living and great organic coffee fit into your long range plan? If you are looking to live well and select sustainable investments as part of your portfolio, Costa Rica might be just the place for you.
Posted September 8, 2008 - 14:52 by Xin Lu
Yesterday Henry Paulson decided to use the power given to him by the housing bailout bill to officially take over Fannie Mae and Freddie Mac. This is a decision that has a huge impact on global financial markets. So how does this change affect you? Here is a list of the winners and losers in this situation.
Posted August 17, 2008 - 20:13 by Linsey Knerl
This digestible escapade from Alan Corey details his journey from fed-up college grad to self-made millionaire. But is it practical advice for you?
Posted August 13, 2008 - 08:52 by Sarah Winfrey
"Pa-doink" is the sound you hear when something small and heavy hits water. Think about a child throwing a coin into the fountain at a shopping mall: a toss and a pa-doink later, there's one more wish waiting to be granted and one more coin collecting at the bottom of the pool. I heard a story once about a man whose job it was to clean those coins out of the fountain. Twelve years later, the change from the bottom of the mall's fountain put his daughter through college.
Posted July 29, 2008 - 03:53 by Philip Brewer
I don't think much of the "buy low, sell high" model for house purchases. I think a house should be purchased as a place to live, in which case the main questions are whether you want to live there and whether you can afford it, not whether prices have hit bottom. Still, it's a question of interest to a lot of people, so I've been meaning to write an article on the topic. Happily, Vladimir Klyuev, an economist with the International Monetary Fund, has written it, so I don't have to.
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