Investing
MYM Series: Wall Street Bailout Explanation 2 of 4
Understanding the Crisis: Timeline of Failure & Who’s at Fault?
How did we ever get to the point of needing $700 billion dollars from the Federal Government? Were the regulators asleep at the switch or were they simply out smarted by the markets? Did greed win over principles on Wall Street? These are great questions [...]
MYM Series: Wall Street Bailout Explanation 1 of 4
You’ve heard the news; Wall Street’s biggest financial institutions are in need of a major financial Government backed bailout in order to stay afloat. What does this actually mean? How will it affect me? Why should the taxpayers pay for the Wall Streets errors? What are the pros and cons of such a bailout?
My day [...]
Reaction to Proposed Market Bailout
The grim reality facing our financial markets has finally hit a low that even President Bush—who has a “let the market police itself” ideology—has decided it’s time to intervene. The cost to taxpayers is going to be enormous, possibly $500 billion. But for those hung up on this concept need to take a step back [...]
Be Careful Not to Chase the Latest ETF Craze
Exchange-Traded Funds (ETFs) have increased in popularity over the last couple of years and in my opinion deservedly so. ETFs are investments similar to mutual funds in that they hold more than one stock or bond and they usually track indexes as big as the S&P 500 or as little as gold and real estate. [...]
Invest in Your Companies Stock Carefully
The fall of stocks such as Bear Stearns and Fannie/Freddie, have taught us not to overlook one of the most common elements of sound investing—diversification. Unlike traditional pensions and 401(k) match programs, some publicly traded companies will offer shares to employees as part of their retirement plan. Participating in such a program has many benefits, [...]
