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6 things you should do before 2010
by CharlesSchwab Manage your investments for potential tax savings It’s smart to think ahead—especially if your investments have fallen behind. If you decide to sell losing assets before year-end, you can use those capital losses to offset taxable capital gains. Review your portfolio Major market swings can cause your investment allocations to shift. By rebalancing, you can restore [...]
Continue reading...Chase skip-a-payment scam. Please share
12. June 2009
My credit card statement this month was different for the first time. I had a balance, but the minimum payment was zero dollars. This confused me. How can I have a balance and the minimum payment be zero? I didn’t think much of this and I thought it was a mistake. I setup my payment [...]
Continue reading...GMACBank is now AllyBank
15. May 2009
Where is GMACbank.com What happened to it? I tried to logon this morning to check my account and got an SSL security warning. This raise red flags for me because I’ve never had a problem with their site before. I then went to GMACbank.com and it said “Page not found”. I looked it up and it turns [...]
Continue reading...GMAC is pushing to become a bank
29. December 2008
GMAC future hinges on vote Auto finance company says future rides on bondholders’ acceptance of debt-for-equity exchange. By David Goldman, CNNMoney.com staff writer NEW YORK (CNNMoney.com) — GMAC LLC is still counting a crucial vote Monday that could determine if the auto finance company turned bank can stay afloat. GMAC bondholders had until midnight last Friday to accept a [...]
Continue reading...What is the Federal Reserve?
12. December 2008
The Fed has been under pressure a lot, and in the news quite a bit. The title had been thrown into conversations about the economy, but what does it really mean, what do they do? Don’t be shy if you don’t know exactly what it means. Here is an article that explains it “like you were [...]
Continue reading...Year end financial check up
4. December 2008
Manage your investments for potential tax savings Review your portfolio, evaluate gains and losses and decide whether to take action. Consider tax-loss harvesting or gifting strategies before December 31 to help offset capital gains and reduce taxes. Give your portfolio a checkup Assess your portfolio and make sure it’s positioned to meet your goals. Maximize retirement plan contributions [...]
Continue reading...The meltdown’s silver lining – cheap oil
10. October 2008
In a new report Friday, Deutsche Bank uses a number of interesting yard sticks to suggest crude is currently way too expensive and may fall to the $60 a barrel range as the economy worsens. Full Story
Continue reading...The Forbes 400 Richest Americans: 1 – Bill Gates
18. September 2008
While most of us are struggling to save money, and pay for gas, there are many Americans that have nothing to worry about.
Continue reading...Obama or McCain: Who’s The Better Choice For Young America
16. September 2008
I was talking to one of my peers recently about the candidates for president this year and which one he thought would be the better choice as a young professional. Here is what he said: me: Why is Obama a better choice as a young professional? Jared: Because he understands young people. This is evidenced by the [...]
Continue reading...Do lies on your resume work? In most cases, no.
20. August 2008
CNN.com and Careerbuilder.com put out an article, Ten tall tales told on résumés, talking about how lying on your resume effects your chances of landing that potential job. In summary, most of the time the hiring manager can see through your lies and can easily back check what you have boasted about yourself. You could [...]
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Market Watch
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1. December 2009
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