Archive for May, 2009
Next Entries »Your Thoughts on Chrysler?
Wednesday, May 6th, 2009AFM reader, Corey, sent me a link to this Yahoo article and asked me what I thought: Chrysler Won’t Repay Federal Bailout “Loans” NEW YORK (CNNMoney.com) — Chrysler LLC will not repay U.S. taxpayers more than $7 billion in bailout money it received earlier this year and as part of its bankruptcy filing. This revelation [...]
20% of Homeowners Underwater According to Zillow
Wednesday, May 6th, 2009More Than One in Five Homeowners Underwater: Zillow U.S. home values posted a year-over-year decline of 14.2 percent to a Zillow Home Value Index of $182,378, resulting in a total 21.8 percent drop since the market peaked in 2006, according to Zillow’s first-quarter Real Estate Market Reports, which encompass 161 metropolitan areas and cover the [...]
The SEC is Looking at Target-Date Funds
Tuesday, May 5th, 2009From today’s Wall Street Journal: In a speech before the Mutual Fund Directors Forum on Monday, Ms. Schapiro said the investment results from these target funds have been “troubling” in recent times, with an average loss in 2008 among 31 funds with a 2010 retirement date at almost 25%. She said the SEC is “closely [...]
The S&P 500 Index Moved Back Into Positive Territory YTD Today
Monday, May 4th, 2009I saw on the Wall Street Journal website that the S&P 500 Index moved back into positive territory today year-to-date. According to the S&P 500 Index website, the S&P 500 Index is up .44% for the year. The index’s total return, which includes dividends, is 1.35% year-to-date. And for those who are interested, here’s a [...]
Took the Day Off Today to Spend Time with My Wife and Daughter
Monday, May 4th, 2009Today was Kindgergarten roundup day for my daughter. I can’t believe she will be 5 later this month! I started blogging about 5 months after she was born. Wow! Time flies. This was a different roundup because we didn’t tour the school because this is the last year at this school. The next two school [...]
Liz Pulliam Weston vs. Suze Orman – Who’s Right?
Friday, May 1st, 2009I saw Liz Pulliam Weston’s disagreement with Suze Orman’s advice that people who have no emergency fund (but have credit card debt) should pay minimums on their credit cards while they build up an e-fund. Who’s right? This is a very tricky situation for a couple of reasons: 1. People who have lots of credit [...]
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