When it comes to investing, knowing how your investments work, and establishing a solid game plan is a major part of building wealth.
(NY Times) — Let us pretend for a moment that the year is 1997 and you’re in the market for a new laptop computer. You want the top-of-the-line product at the time, so you opt for the newly released Apple Computer PowerBook G3 250 laptop. This revolutionary piece of technology, which comes with a 250-megahertz processor […]
(CNN Money) — U.S. stock futures edged up Friday as investors awaited the government’s revised reading on second-quarter economic growth, and the key speech from Federal Reserve Chairman Ben Bernanke on the economic outlook and monetary policy. Read More…
(Smart Money) — GOOD MORNING. Stocks in Asia closed mostly lower today, European shares are mixed, and U.S. futures are pointing to a higher open. After Tuesday’s trading session, which left stocks at their lowest level for the year, Wall Street today will focus on whether it can regain any of the losses. The S&P 500 […]
(Financial Times) — A more sober assessment of the benefits accruing to the global economy from China’s de-pegging of the renminbi and renewed concerns about the European banking system is breaking stocks’ 10-day winning streak. The FTSE All-World equity index is down 0.9 per cent, commodities are lower and the dollar is firmer as a more cautious […]
(Forbes) —Less-than-stellar economic data led U.S. equities lower Thursday as jobless claims unexpectedly rose and and the Philadelphia Federal Reserve’s index of regional manufacturing grew at a slower pace than economists had hoped for. The Philly Fed said manufacturing did grow in June but at a reading of 8, from 21.4 in the previous month, […]
(CNN Money) — Had Steven Levitt taught your college Econ 101 lecture, you’d surely remember more of it. The University of Chicago professor takes the basic tools of economics — reams and reams of data, and the understanding that human beings respond to incentives for gain — and applies them to surprising new subjects. Read […]
(CNN Money) —Stocks were set to open higher Thursday as investors prepared for new readings on the labor market and inflation. At 7 a.m. ET, Dow Jones industrial average (INDU), Nasdaq (COMP) and S&P 500 (SPX) futures were all about 0.3% higher. Futures measure current index values against perceived future performance. Read More…
(Smart Money) — The World Cup presents an opportunity for many countries to gain rare exposure on a global stage. It also gives interested investors a closer look at a market they may have overlooked before the event. But investing in South Africa isn’t easy, especially for those looking to do so through a mutual fund. […]
(CNN Money) –U.S. stocks were set to bounce higher at Thursday’s open, rebounding from a downturn triggered by the energy sector. Dow Jones industrial average, Nasdaq and S&P 500 futures were all higher.Futures measure current index values against perceived future performance. U.S. stocks slumped Wednesdayafter investors fled energy shares. The Dow fell 0.4%, the S&P 500 lost 0.6% […]
(Smart Money) — Each of the three stocks below has a dividend yield of around 5%. A yield that large is rare, but only by modern standards. The S&P 500 index of large American companies has a yield of just over 2%. Fewer than one in 10 of its members pays more than 5%. Over two […]