Last week, I wrote an article, Cash Is King and today, Yahoo Finance! published an article with the same title. I have included the article in this post for your convenience. When a Recession Threatens Cash Suddenly Has Cachet by By Jonathan Clements Friday, September 28, 2007provided by The Wall Street Journal Online When recession [...]
Posts from ‘September, 2007’
Business Idea #3: Taxi Debit Cards
Background In the city that never sleeps, there are taxis roaming the streets at all times of the day. There are always taxis stopping at every corner of the street and often holding up traffic. Once, on my way home, there was this taxi that stopped right in front of the bus I was sitting [...]
Carnival of Personal Finance #119
My article, My Financial Accounts is posted on Carnival Of Personal Finance #119.
My Financial Accounts
In response to my post, Money Management 201, here is an overview of my accounts: Credit Card Accounts This account is use to make purchases on credit. Use this account to build up credit and rack up points/miles/cash. Make sure you can pay off amount before charging. Preferably, this account pays rewards and has no [...]
Rate Cut Party Continues Sep 19 – U.S. stocks rallied for the second straight day after the Federal Reserve’s surprise half-point rate cut.
Carnival Of Personal Finance #118
My article, Cash is King is posted on Carnival Of Personal Finance #118.
Cash Is King
The stock market has seen some wild swings recently, the sub prime market is almost devastated, and the real estate market is falling. With so much uncertainty, the best place to park your money is in cash. Cash is safe and liquid. The stock market index has moved up and down in a huge range [...]
Oil Sets $80 Record
Oil Sets $80 Record Sep 12 – Crude oil prices temporarily topped $80 in New York for the first time on record after a sharp drawdown in U.S. inventories sparked supply concerns.
Wall St. Smells A Rate Cut
Wall St. Smells A Rate Cut Sep 11 – Rate cut hopes plus strong corporate news equaled a rise in stock prices on Tuesday, the sixth anniversary of the Sept. 11 attacks.The blue-chip Dow rose 180 points to 13,308. The broader S&P 500 rose 19 points to 1,471. The tech-based Nasdaq tacked on 38 points [...]
Carnival of Personal Finance #117
My article, Emotionless Investing is posted on Carnival of Personal Finance #117.
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