Archive | August, 2010

Five Stock Market Changers for the Week

Spending, incomes: Two important measures of the “pocketbook” economy come out this week. Personal incomes and personal consumption spending are due Monday (8:30 a.m.) and the non-farm payrolls (aka, “unemployment”) report on Friday (8:30 a.m.). Unlike the recent GDP revision, these figures more closely relate to the economy right now, that is, how much Americans […]

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AAM Weekly Wrap August 28 2010

Weekly Market Wrap:  The markets moved lower for most of the week and ended with a solid rally on Friday to close down only slightly lower.  The S&P 500 finished at 1,065 down 0.7%.  Oil rallied 2.6% on the week after recent sharp drops ending at $75.41 per barrel.  Gold was slightly higher at $1,238.07 […]

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Keeping Your Credit Score Healthy

 Keeping Your Credit Score Healthy It doesn’t take much these days to damage a credit score. Before the recession, late payments and blasting through credit limits would take its toll. But in the past year, Fair Isaac, the company that developed the algorithm that is the leading determinant of our scores, made an important change […]

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WASHINGTON HOTLINE

WASHINGTON HOTLINE On a national media program on July 25, 2010, Treasury Secretary Timothy Geithner emphasized that the Obama administration plans to increase the tax rates for the top two brackets. When asked whether the 2001/2003 tax reductions should be extended for all brackets, Secretary Geithner stated, “I don’t believe they should and I don’t […]

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The 4 Percent Rule — What is the Right Amount to Withdraw from Your Retirement fund each year?

The 4 Percent Rule — What is the Right Amount to Withdraw from Your Retirement fund each year? With stagnant incomes and roller-coaster investment returns over the past decade, individuals on the brink of retirement might wonder what became of all those “rules of thumb” affecting how they handle their nest egg once they walk […]

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