Archive for January, 2009
Monday, January 12th, 2009
Those who weren’t working in 2008 should check out CNN Money’s “Tax Tips for the Unemployed,” a brief FAQ intended to help the aforementioned as we head into tax season. The six-part write up does a lot to answer any questions and concerns you may have about your taxable finances.
CNN ...
Posted in finances, money, money management, taxes | No Comments »
Friday, January 9th, 2009
Attn: Retirees – Yes, You Can
Did you know you can switch your assets back to a more traditional retirement account if your Roth IRA isn’t holding value? It’s true, and CNN Money Magazine’s Walter Updegrave suggests the oft-overlooked tactic can be a smart move as our country looks toward what’s ...
Posted in budgeting, finances, money, retirement | No Comments »
Tuesday, January 6th, 2009
Wells-Fargo & Co. completed their $12.7 billion acquisition of Wachovia Corp. this past Friday. The California-based bank now heralds itself as “one of the strongest financial companies in the nation and America’s #1 small business leader” and can now lay claim to over $14 trillion in assets.
The move puts Wells-Fargo ...
Posted in banking, economy, finances, investments, money | No Comments »
Monday, January 5th, 2009
CNNMoney.com has a great outline of where and when money has been allocated for this economic bailout we’re paying for in tax dollars. Check it out here.
We’re beginning to wonder what the figures for Citigroup loan-loss backstops and Auto industry energy efficiency loans will look like when all’s said and ...
Posted in economy, finances, lending | No Comments »
Monday, January 5th, 2009
Senior citizens across the country got good news in December when reports out of Washington stated that Congress suspended the law that requires those 70 ½ or older to withdraw funds from their retirement plans in 2009, even if they don’t need the money. Traditionally, senior citizens have had to ...
Posted in budgeting, economy, finances, investments, money, retirement, savings | 1 Comment »
Friday, January 2nd, 2009
Good news coming from Wall Street today, as the Dow Jones Industrial Average rose 258 points, or 2.9%, to close above 9,000 for the first time since November. Standard & Poor’s 500 index gained 3.2%, and the Nasdaq composite rose 3.5%.
Numbers have been rising since this past Wednesday but experts ...
Posted in credit cards, economy, finances, money, stocks | 2 Comments »
Friday, January 2nd, 2009
Like the auto industry in Detroit, America’s dairy industry is also taking a huge hit that’s sure to affect your grocery shopping budget. The New York Times’ Andrew Martin reports:
"In a warehouse that [Roger Van Groningen’s] company runs here, 8 to 20 trucks pull up every day to unload milk ...
Posted in economy, finances, money | No Comments »