Archive for November, 2007
« Previous EntriesWill Freezing Subprime Mortgage Rates Help?
Friday, November 30th, 2007I’m skeptical that freezing subprime mortgage rates is the answer to our subprime mortgage mess.
But freezing mortgage rates is exactly what the government and financial institutions are about to do, according to this front page article ($) in today’s Wall Street Journal. Here’s some of the highlights from the article:
Details of the plan, which […]
The Real Key to Acheiving Your Goals
Thursday, November 29th, 2007It’s easy to turn your dreams into goals on paper, but you’re much more likely to acheive those goals–and be satisfied when you do–if they reflect your true values.
Question of the Day - Paying for College
Thursday, November 29th, 2007From Some Colleges Cut, Eliminate Student Debt ($) in today’s Wall Street Journal comes this question of the day:
Should there be a minimum payout requirement for colleges and university endowments?
The article gives an example:
Amherst College, for instance, spent 4.6% of its $1.34 billion endowment in the fiscal year ended June 30, 2006. That is the […]
NeatReceipts is Giving Away $1,000 Each Week Until Christmas!
Wednesday, November 28th, 2007I just received an email from a PR person for NeatReceipts asking me to mention a promotion they are running. Some of you may remember the NeatReceipts giveaway I held on several months ago. Anyway, each week between now and Christmas, NeatReceipts is going to give away $1,000 to one lucky winner. […]
Total Market Index vs. Sector Investing
Wednesday, November 28th, 2007Take a look at the graphic below, which is the sector allocation of the iShares DJ Total Market Index Fund (IYY):
Notice anything significant about that allocation? I’ll give you a hint: it’s the fact that over 17% of the fund is allocated to the financial sector. Unfortunately, financial stocks have been hammered this […]
Merrill Lynch is Full of Bull…
Tuesday, November 27th, 2007Flipping through the WSJ tonight, I came across a full-page ad for Merrill Lynch (page A7 in the paper if you’re interested). The ad says this:
In 1915, Charlie Merrill said,
“The interests of our clients always come first.”
Today we make the same
unwavering
declaration:
The interests of our clients always come first.
Then, further down the page is this […]
“Share This” Feature Installed But Not Working Properly
Tuesday, November 27th, 2007Okay, I finally got around to installing the “Share This” plugin, which can be seen at the bottom of every post. It’s a cool little tool that will allow you to share any posts that you think are worth sharing (it’s also a great way that you can help me grow my blog).
The […]
How the Heck Did This Woman Get a Mortgage?
Tuesday, November 27th, 2007From Citigroup Feels Heat To Modify Mortgages ($) in yesterday’s Wall Street Journal:
Ana Cecillia Marin, a 36-year-old single mother of three, owns a 20-year-old ranch house on a dusty, garbage-strewn acre in Palmdale, Calif. She says she earns $34,000 a year managing flower sales at a Los Angeles food store and selling clothes on the […]
It’s Been a Bad Year For Bank Shareholders!
Tuesday, November 27th, 2007That’s a chart of this year’s performance of the Dow Jones Bank Index, which is a wieghted index of 88 banks. Looking at the chart, it appears that 2007 is going to be a horrible year for bank stocks.
Consider this:
Of the 86 remaining banks* in the Dow Jones Bank Sector Index, 80 […]
JLP’s Weekly Roundup (Week of November 19, 2007)
Tuesday, November 27th, 2007Taking a week off put me slightly behind on my roundup schedule. Anyway, here’s a short roundup of the MoneyBlogNetwork happenings over the past week:
Nickel renews his distaste Dish Network.
Jim reviews 100 Minds That Made the Market.
Speaking of reviews, Flexo reviews Russell Bailyn’s Navigating the Financial Blogosphere. - I received a copy of […]