Archive | December, 2008

10 Stocks to Buy Now!

30. December 2008

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10 Stocks to Buy Now!

Fortune Magazine Article: 10 Stocks to Buy Now Altria: MO Annaly Capital Management: NLY Dell Devon Energy: DVN Diamond Offshore: DO Fluor: FLR Johnson & Johnson: JNJ Medco Health Solutions: MHS Pfizer: PFE Potash Corp. of Saskatchewan: POT -Craig

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GMAC is pushing to become a bank

29. December 2008

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GMAC is pushing to become a bank

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 [...]

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Is NEF profiting from their mistake?

23. December 2008

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A few months ago back in September 2008, I initiated a transfer in my 401k. I was to sell shares in my Opp fund and put into an index fund. Immediately after I set that transaction to happen I decided it was a bad idea. I have many years for that fund to turn around [...]

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What is the Federal Reserve?

12. December 2008

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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 [...]

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Year end financial check up

4. December 2008

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Year end financial check up

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 [...]

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