Articles

All Articles

The House just approved a $15 billion loan to the auto industry to help the Big Three keep going a bit longer. The bill has yet to be approved by the Senate although there is growing opposition. This seems like much tougher treatment than what the financial companies received. What going on here?

Read →

Money market funds invested in Treasuries will provide a negative return to investors if the Fed cuts rates next week, as its widely expected to do. This will be the first time this has ever happened. It's another

Read →

Active investing, otherwise known as stock picking is a trillion dollar industry that just doesn't work. Don't believe me? Look at what happened to Bill Miller, until last year considered one of the best stock pickers.

Read →

In an auction on Tuesday, the Treasury sold $30 billion of short-term securities at a 0% interest rate. Investors were willing to accept 0 return to stash their cash. What does that say?

Read →

The Fidelity Retirement Rewards Amex Card just launched and it rebates a high 2% into a Fidelity IRA. There is no annual fee and no minimum balance.

Read →

Since I don't drive much, I like the idea of auto insurance that's usage based. This is also known as pay-by-the-mile or pay-as-you-drive insurance programs. Incentives to drive less is not only good for our wallets, but also good for the environment.

Read →

Bank of America is offering a very competitive 48-59 month CD paying 4.01% APY. But is only seems to be available for Massachusetts residents.

Read →

I like reading about business news but I also like to lighten up. So, I thought I would take a moment to wax poetic about Trish Regan, the money honey on CNBC that I enjoy watching the most. Trish, keep up the good work.

Read →
I'm filing this one under careers. At least the guy has chutzpa. Merrill Lynch, one the largest brokerage firm in the world, lost billions in his one year in office, and was quickly sold off to Bank of America, but the Wall Street... Read →

A debate on which way the market is going. Feel free to add your opinion.

Read →

As President-elect Obama prepares a massive public works program that will be funded via Obama Bonds, the evidence is growing that the US economy looks quite a bit like Japan's in the 1990s after its real estate bubble popped. Even the Japanese are making the comparison and providing some advice on what the US can do.

Read →

More transparency is coming to the municipal bonds market which is good for all investors. The SEC just approved the electronic disclosure of municipal bonds issues on a website available free of charge.

Read →

The past week wasn't too bad on the stock market, as we got a short-covering rally on Friday. But, the news flow isn't just bad, it is terrible.

Read →

I was absolutely amazed at what I discovered when I called 1-800-Journal with an inquiry about my subscription.

Read →

Fed Funds Futures are giving a greater than 50% probability the Fed will cut rates to .25% at its December 16th meeting. As we get closer to 0%, our situation starts to look a lot like Japan in the early 1990s.

Read →