Archive for the ‘investments’ Category

5 Reasons to Buy a Home Now

Tuesday, January 20th, 2009

There’s a brief exchange I had a few years ago with a friend’s father that I’ll never forget. We were sitting outside a Washington DC lunch spot talking about what I was going to do when I got out of college when I asked Mark, who’s been a real estate ...

Wells-Fargo Takes Control of Wachovia

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 ...

2009 Senior Savings Get a Boost from Congress

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 ...

NASDAQ’s Tech Driven Trading Model Outsmarts the Competition

Tuesday, December 30th, 2008

Financially, 2008 was a year defined by the plummeting stock market, but Forbes Magazine still thought that no company was more impressive over the four quarters than market mogul NASDAQ OMX. The financial magazine’s Daniel Fisher praised the New York-headquartered company for adapting to recently introduced methods of new business ...

Wall Street Investor Bernard Madoff Confesses to Running Pyramid Scheme

Tuesday, December 16th, 2008

Longtime Wall Street investor Bernard Madoff confessed last week to running a years-long Ponzi scheme that’s believed to have swindled up to $50 billion in investments from more than thirty high profile individuals and organizations. The New York City based Madoff first told his children that he was deeply involved ...

401k Advice in a Down Economy

Wednesday, September 10th, 2008

A down economy is always a tough climate in which to make money -- but it doesn't have to be a tough climate for your retirement savings account. Money management should be for the long term, and a down economy is just a natural part of the business cycle. What's ...