2008 October | Personal Finance Questions and Answers for Young Professionals

Think its a good time to Dollar-Cost Average?

31. October 2008

The markets have dropped about 40% since I made most of my initial investments. Think its a good idea to double up my investments now to cut my Dollar-Cost Average in half almost? With the prices so low I feel like I shouldn’t miss this opportunity. Or am I just being greedy and should put my [...]

Health Benifits! Open enrollment: So many choices

29. October 2008

1 Comment

For 2009, nearly half of companies plan to push more health-care costs onto employees, often in less than transparent ways, according to HR consulting firm Mercer

Buffett Says Now Is the Time to Buy U.S. Equities

17. October 2008

4 Comments

http://www.bloomberg.com/apps/news?pid=20601213&sid=apDKZD4TIAKQ&refer=home Oct. 17 (Bloomberg) — Warren Buffett said he’s buying U.S. stocks and, if prices stay attractive, his personal investments, as distinct from his stake in Berkshire Hathaway Inc., will soon be wholly in American equities.

The meltdown’s silver lining – cheap oil

10. October 2008

6 Comments

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

In the Long Run, the Dow’s 40% Nosedive May Actually Turn Into a Safe Landing

10. October 2008

0 Comments

With the near-record 678-point plunge yesterday (Thursday), the Dow Jones Industrial Average has plunged from its all-time-record high of 14,280 to below 8,600 in just one year’s time. To those accustomed to a five-figure Dow, this 40% freefall represents the unexpected descent of the stock market into a gigantic pit that signifies the dawn of the second Great Depression and an end to the free market system. However, for those of us who believe in fundamental stock-market valuation, the outlook isn’t dire at all – indeed, the stock market’s long-term outlook is as upbeat as it’s been for some time. This painful stretch actually represents a very necessary descent from a turbulent balloon journey through multiple thunderstorms to a relatively safe landing – with only a moderate amount of damage to the actual balloon, itself.

Fed joins 5 central banks – cuts 1/2 point and cites ‘intensification’ of crisis.

8. October 2008

0 Comments

NEW YORK (CNNMoney.com) -- The Federal Reserve, working in coordination with other central banks worldwide, enacted an emergency interest rate cut on Wednesday. The Fed lowered its fed funds rate by half of a percentage point to 1.5%. The central bank's statement said the move was necessary because of the worsening crisis in global financial markets. "The recent intensification of the financial crisis has augmented the downside risks to growth and thus has diminished further the upside risks to price stability," the Fed said.

Hot Commodities you Don’t know about!

7. October 2008

1 Comment

Know some hidden “gem(s)”? Here’s an article I found on Fortune: http://money.cnn.com/galleries/2008/fortune/0810/gallery.demos_commodities.fortune/index.html

Fed to Purchase U.S. Commercial Paper to Ease Crunch

7. October 2008

1 Comment

Full Story Going a little to far? or not far enough? Oct. 7 (Bloomberg) — The Federal Reserve will create a special fund to purchase U.S. commercial paper after the credit crunch threatened to cut off a key source of funding for corporations. The Treasury will make a deposit with the Fed’s New York [...]

What Investors Should Do now (article)

3. October 2008

3 Comments

Fortune magazine: What investors should do now

Wells Fargo Trumps Citigroup’s Offer to Buy Wachovia

3. October 2008

6 Comments

Wells Fargo Agrees to Buy all of Wachovia for about $15.1 billion in stock, keeping Wachovia intact and needing no U.S. assistance. Citigroup offered to buy Wachovia’s Banking operation for $2.16 billion, which would relied on financial backing from the FDIC and leave behind the A.G. Edwards Inc. brokerage and the Evergreen mutual-fund family. . . What does [...]

NASDAQ	2905.66	+45.98
S&P 500	1344.90	+19.36
GOOG	596.33	+11.22
AAPL	459.68	+4.56
INTC	26.74	+0.46
PFE	21.20	+0.09

Personal Finance Questions and Answers for Young Professionals

Archive | October, 2008

Think its a good time to Dollar-Cost Average?

Health Benifits! Open enrollment: So many choices

Buffett Says Now Is the Time to Buy U.S. Equities

The meltdown’s silver lining – cheap oil

In the Long Run, the Dow’s 40% Nosedive May Actually Turn Into a Safe Landing

Fed joins 5 central banks – cuts 1/2 point and cites ‘intensification’ of crisis.

Hot Commodities you Don’t know about!

Fed to Purchase U.S. Commercial Paper to Ease Crunch

What Investors Should Do now (article)

Wells Fargo Trumps Citigroup’s Offer to Buy Wachovia

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