October 29, 2010 Weekly Market Wrap: The S&P 500 stock index continued its non-losing ways by finishing virtually flat on the week closing once again at 1,183. Gold regained its winning ways as it gained 2.3% to $1,358 per oz. Oil ended the week lower by less than 1% at $81.38 per barrel. The dollar […]
Ten Things to Know – and Ask — About Long-Term Care Insurance For Americans over the age of 50, the time to consider long-term care coverage is now. Whether to buy it is a separate question that’s as individual as you are. Long-term care insurance (LTC) is generally recommended to anyone who has suitable income […]
Deficit in 2010 of $1.3 Trillion The federal fiscal year for 2010 concluded on September 30th. The Office of Management and Budget and Department of Treasury have released the official figures for fiscal year 2010. The deficit was $1.294 trillion. Treasury Secretary Tim Geithner noted that the cost of the financial rescue of banks and […]
Five Stock Market Changers This Week – October 23 2010 Growth factor: The Fed’s early, anecdotal look at the economy in the Beige Book last week was surprisingly neutral, even positive. On Friday (8:30 a.m.) investors get the first of three takes on third-quarter GDP when the “advance” numbers are released. Home sales: The ongoing […]
October 22, 2010 Weekly Market Wrap: The S&P 500 posted its fourth gain in the last five weeks by gaining about 0.6% to 1,183. Gold’s weekly winning streak was halted as it dropped 2.9% to $1,328 per oz. Oil was slightly higher on the week, up 0.7% to $82 per barrel. The dollar finished at […]
Renovating Smart in 2010: Looking for Tax Breaks, Anticipating What Will Bring Value in the Future Though the housing market has yet to stabilize in many communities, homeowners can’t ignore property maintenance and other critical spending that will add to their home value in the future. Yet for most of us, the days of spending […]
President Obama Supports Increase in Social Security Wage Cap On October 14, 2010, President Obama was speaking to youth attending a town hall meeting in Washington. In response to a question on Social Security, he indicated that it will be important to strengthen Social Security in the future. The National Commission on Fiscal Responsibility and […]
Factory output: Is the recovery for real? Critics complain that the bounce earlier in the year was mostly restocking, stimulus, and breaks like the homebuyer tax credit and Cash for Clunkers auto rebates. Industrial production numbers (Monday 9:15 a.m.) could make or break the “green shoots” recovery crowd. Housing starts: Construction faces some serious headwinds […]
October 16, 2010 Weekly Market Wrap: The S&P 500 Index continued its positive ways and posting its third gain in the last four weeks. The index was up almost 1% to close at 1,176. Gold was positive again as well closing up 1.5% to $1,368 per oz. Oil was lower on the week by 1.7% […]
Creating a Personal Disaster Plan for Your Home, Your Loved Ones and Your Finances The idea of a personal disaster plan began circulating in the days after the September 11, 2001 attacks. They got a boost after Hurricane Katrina. Yet even when we experience a fortunate break between natural and man-made crises, it’s still a […]
