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Currently browsing posts found in November2007

Fed Rate Cut, Bad News for Savers

» by Ryan November 6th, 2007 at 2:39 pm » Comments (0)

Ben Bernanke, Chairman of the Federal Reserve, announces another interest rate cut . . . Wall Street rallies and Americans cheer. But how does a cut in interest rates really affect Americans anyway?
For savers, who like guaranteed returns from high-yield savings accounts, money markets and CDs, the Federal interest rate cut is not particularly good [...]

The Best Time Ever to Buy Stocks

» by Ryan November 4th, 2007 at 8:37 am » Comments (0)

It’s stock market performance season and market timing experts are well aware that stocks should give solid returns over the next five months. Historically, the market tends to perform best between the beginning of November through the end of April. This period is when the major indexes earn almost all net gains, whereas May through [...]

Money Experts Recall Their Best Personal Finance Advice

» by Ryan November 2nd, 2007 at 3:43 pm » Comments (1)

This article appeared on 10/24/07. By: Dana Dratch.
When you need advice, it’s usually best to go to the experts. So Bankrate did, collecting the thoughts of eight personal finance gurus on increasing your wealth. In some cases, the experts had to learn the lesson themselves (usually after a few hard knocks). [...]

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