Rates on Savings Accounts and CDs Set to Increase

The Federal Deposit Insurance Corp (FDIC), the agency that guarantees bank deposits, is expected to ease rules restricting relatively weak banks and thrifts from paying higher rates to attract deposits. Under current rules, institutions rated below “well-capitalized” are restricted from paying rates much higher than U.S. Treasury bond yields. But …

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The Must Have Second Career For Everyone

Every person dreams of finding the career that is not only financially sustainable but also rewarding personally. Many people may spend a good portion of their adult life on the quest for such a career. What many people don’t remember as they work through the years either finding or building …

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Banking on a Rally for a Quick Trading Profit

Financial stocks have taken a battering over the last week with steep falls across the board, including the big banks such as Citigroup (C), Bank of America (BAC) and JP Morgan Chase (JPM) which have all fallen more than 25% to record lows. The reasons behind the falls are primarily …

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Signs When to Sell a Losing Stock

It is very easy to buy a stock. Selling a share or stock though, especially if it has lost value, is a much harder process because of the emotions involved. Knowing when to sell a stock, and actually doing it, is tough and that is why most people like to …

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>Week in Review: Funny Business

>I received the following comic strip via email this week and even though it was written 15 years ago, it is quite relevant for today’s semi-government corporate environment. Funny business indeed. (click on image to enlarge) My Australian holiday is coming to an end and I am not looking forward …

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Couples and Money : Issues and Expectations

“What’s hers is hers and what’s mine is hers – that’s how we share our money!” Many arguments about money occur because couples haven’t clearly spelled out their expectations about investing, spending or saving. Instead, each member of the couple simply assumes that the other shares his or her views …

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Dollar Cost Averaging Myths

Dollar cost averaging (DCA) seems to be a hot topic of late with many experts saying to continue buying shares, even as they keep falling in price. For those of you who may not understand DCA, it basically means that you continue to buy more shares in companies that you …

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Stimulus Checks – Eligibility and Missing Payments

See this article for the latest on the stimulus check (economic impact) payments [Updated Dec 2010] The Making Work Pay tax credit expires on December 31, 2010.  As a result: –  The income tax withholding tables for 2011 will no longer be adjusted for the Making Work Pay credit. There …

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Apartment Rental Tips and Considerations

With tough economic times and house prices plunging across the country, rental (apartment) living has become the norm for a number of people. Whether it is by choice or circumstance, apartment living has its own challenges and before you make the move here are some things to consider and tips …

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