Bush, Bernanke Give Markets A Push
Aug. 31 - Wall Street finished the week on an upswing after President George W. Bush and Federal Reserve Chairman Ben Bernanke reassured investors they will act to contain the subprime problem. The Dow rallied 119 points to 13,357. The S&P 500 rose 16 points to 1,473. The Nasdaq gained [...]

Techs Edge Higher Ahead of Bernanke
Aug. 30 - Technology stocks nudged higher, but the rest of the market languished as traders await a key Friday speech from Federal Reserve chairman Ben Bernanke. The Dow lost 50 points to 13,238. The S&P 500 dipped 6 points 1,457. The Nasdaq rose 2 points to 2,565.

Stocks Rally 2%; Apple Shines
Aug 29 - U.S. stocks enjoyed broad-based gains on Wednesday as investors went on a shopping spree and speculation about a product announcement from Apple boosted tech stocks.The Dow rallied 247 points to 13,289. The S&P 500 rose 31 points to 1,463. The Nasdaq gained 62 points to 2,563. Crude oil [...]

Renewable Fuels Becoming Reality
Aug 27 - Earlier this month, the Ford’s Fusion 999 hybrid reached 207mph on the track, lending support to the view that renewable fuels are here to stay.The Bush Administration’s “20 in 10″ renewable fuel research initiative is yielding fruit in the private sector. The Department of Energy is working with many [...]

Best Gas Credit Cards

YouTube has started to post ads on their website. Not too long ago, my friends asked me why Google buy YouTube. I figured they must have some insane idea to make money off YouTube, since Google paid $1.65 Billion for the takeover. I bet that YouTube will have ads on their website soon, and they [...]

Bulls Retreat On Economic Worries

My article, Understanding Stock Market Risk Tolerance: Big Ships vs. Small Ships is posted and picked as Editor’s Choice in the Carnival of Personal Finance #114.
Thanks to Trent from The Simple Dollar for picking my article.

I usually prefer to pay by credit card when possible to avoid carrying loose change in my pockets. But once in a while I cannot avoid it and receive loose change from paying change. I normally empty my pockets when I get home and store all the loose changes in a jar. I only store [...]

My cousin wanted to invest some money in the stock market. He had previously opened a brokerage account and traded highly volatile penny stocks and lost most of his investments. It wasn’t a lot of money but it put a huge dent in his confidence and forced him to close his account and withdraw from [...]