Personal Finance
Jon Stewart vs Jim Cramer
Great interview of Jim Cramer by Jon Stewart. Check them out.
Ways to Save on Almost Anything
A great article on MSN Money from Kiplinger.com teaches some nice and easy ways to save money on almost anything.
Another great atricle by Liz Weston on Credit Scores
Liz Weston is my favorite writer on MSN Money website. She recently published an article titled "Raise your credit score to 740" that describes how one can raise their credit score. The article also has a lot of useful information and tips. Check it out.
Free Online Seminar by Paul Merriman
Paul Merriman is hosting a free online seminar on "Retirement Investing: What You Should Do Now! I will assure you that the time spent will be worth every penny. Ummm What am I talking about? The seminar is free... All the more reason why you should check it out. You have nothing to lose.
Paul is a very entertaining speaker who is very passionate about teaching people on making wise investment decision for their retirement. He was kind enough to offer a free online seminar exclusively for our students last fall. Thank you Paul.
More about Paul: He is a co-host for an educational podcast on money management called Sound Investing. He is also the editor for fundadvice.com an educational website intended for teaching individuals to invest wisely on their retirement.
How safe is your Money Market Fund?
Vanguard released a new statement ''A word on Vanguard money market funds'' Yesterday after concerns that some money market funds were 'breaking the buck'. A BusniessWeek article ''Money-market fund's troubles spur industry moves'' has more information. Its interesting that some funds are going to report their holdings in their funds each day to reduce investor fears. An example below
Holdings of Vanguard Prime Money Market Fund (as of 8/31/2008)
U.S. Treasury: 36%
U.S. Agency: 17%
Certificates of deposit: 32%
High-quality commercial paper: 14%
Repurchase agreements: 1%
Look who sold a million share of CLNE
It has been reported in Barrons.com that Madeleine Pickens wife of Billionaire T. Boone Pickens has sold over 1 million of here 3 million shares of Clean Energy Fules last week. CLNE is down 10% thus far from last weeks close.
Good round-up of Vanguard funds
Check out this article on MSN money titled Vanguard's best bets for your 401(k) which talks about some good round-up of funds from Vanguard. Even though the article talks about 401(k) I guess most funds are available to individual investors through Roth IRA or IRA.
Is Stock picking as Good as Gambling
Is Stock picking as Good as Gambling? Find out here
BSE Sensex reached an all time high of 20000 points
BSE Sensex reached an all time high of 20000 points after a gain of almost 3.82% Monday. The Sensex grew about 10% last week to touch the historic mark. The Sensex was at a modest value of 14000 at the beginning of the calender year and has increased 40% YTD. See the Chart here.
This day 20 years ago was a disaster in NYSE
On Monday, October 19, 1987 the Dow Jones Industrial Average dropped 508 points (the biggest drop ever) and that day is called the Black Monday. Check out the following articles to know more about it.
Retirement Myths
Yahoo! finance has another article about retirement and this time it is about some common retirement myths. Check it out!
Retirement planning
A recent article titled ``The Best Retirement Deal'' in Yahoo Finance talks about the ever the lasting question of ``Is traditional IRA better than Roth IRA?''.
Indian Banks are doing well
This article on investopedia talks about the current banking boom in India. With increasing affluence of the middle class, banks are riding the wave with the Indian middle class. Because of the strong booming economy the recent subprime meltdown in U.S. has hardly affected the Indian banking industry.
Fight back the disreputable credit card practice
Liz Pulliam Weston is one of my favorite columnist on MSN money. She has an article titled ``Sleazy credit card tactics under fire'' about how we (yes, you and me) can change the way the credit card companies charge disreputable fees on our credit card accounts. Interesting one! Read it and act accordingly.
Yale's Endowment assets gained 28%
Yale University endowment earned a whooping 28 % return for the fiscal year ending June 30, 2007 (Press Release). The current value of Yale's endowment is a about 22.5 billion dollar.
Lazy protfolios
Whenever it comes to personal finance most of us are looking for actively managed funds like mutual funds. There are some of us (like my big bro) who really want to be involved and get some thrill in life by directly playing the stock market. But I am excited by neither of them. I prefer index funds which is not actively managed.
Index Funds
The best investment advice you'll never get is a very nice article which provides a lot of detail about mutual funds and index funds and why it is better to invest in index funds rather than mutual funds for the long term. It is a great read, check it out.
Managing your credit and credit score
The following article describes how you can improve your credit score and what is the difference between an excellent credit score and a perfect credit score.
Perfect credit? You don't need it
A nice article about good and bad credit and how wisely one should use their credit.
Good debt and bad debt
