Tips To Living On Half Your Income
My story I was married for 14 years before my income was reduced to a little less than half because the marriage ended and we separated. Alimony payments are still coming in, thankfully. Unfortunately, it is a little less than half the income I was used to getting. Even though I knew I would survive, [...]
Bottom Drops Out Of Fannie Mae Losses
Mortgage giant Fannie Mae just announced record losses, and the company is asking for another $ 8.4 billion from the government to stay afloat. For several years, Fannie Mae has been under government conservatorship. Its losses have grown almost exponentially, and have posted the 12th consecutive quarterly loss. They are either in far deeper trouble [...]
Trading Error To Blame For DJIA Nosedive?
Any trader watching the stock market today just about needed a shock to the heart as the DJIA – Dow Jones Industrial Average – plummeted almost 1,000 points because of a trading error. The DJIA nosedive, set off by a Proctor and Gamble sell-off, reverberated through the New York Stock Exchange as well. A mistake [...]
S And P Case Shiller Index Posts Rise In Home Prices
The S and P Case Shiller home prices indexes have reported gains, of sorts, in home prices. The price indexes in February showed a rise in home prices compared with the previous February, showing a modest spike, but the prices were still technically modestly declining. There are signs of life in the housing market, but [...]
Mutual Fund Investments And Personal Savings
Understand how your existing personal savings rate influences your family’s financial security. Beyond your efforts to increase your earned income, your rate of savings largely affects your family’s long-term financial health by continually feeding your financial assets. Your family always should consume as you live at rates that are highly likely to assure a sustainable [...]
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