Another Fed cut may be on the way. The Federal Reserve interest rate is currently at 1.5%, a multi-year low, but it may see lower rates soon.
With wreckage piling up, Fed eyes another rate cut

What is the benefit of house prices coming down? You may have lower property taxes.

Here is a good article that was sent to me from Citigroup.
Skill Build for Success: How personal investment can pay professional dividends

The begining of the year is the perfect time to reflect on what you’ve accomplished in the last twelve months and to prioritize goals for the future.
All too often, [...]

Only several days ago, on Tuesday, October 21 Yahoo cut 10% of its workforce. On Thursday, October 23, Goldmam Sachs (GS) announced it will cut 10% of its workforce. The job cuts is definitely not a good sign of the current economic conditions.

The number of homes in foreclosure are going up. I think this news is definitely not a good sign of the real estate market. I wanted to look into buying a foreclosure home, but I need to read more on foreclosure and understand how it works.

Here is some humor for Friday. I received the following content from DavidDT at Trading to Win. The original link is here.
New Financial Definitions
CEO —Chief Embezzlement Officer.
CFO— Corporate Fraud Officer.
BULL MARKET — A random market movement causing an investor to mistake himself for a financial genius.
BEAR MARKET — A 6 to 18 month period [...]

When I went to check the futures of the stock market before the market opened this morning, the Yahoo! Finance headline showed a breaking news, “Stocks Head for Blistering Fall on Recession Fears, Dow Futures Down 550.” The market had already dropped so low, yet it was going to open another 550 points lower. I [...]

I see many layoffs in the news these days. It makes me wonder what kind of job is safe. If you are working in the financial industry, should you be worried? I wanted to work in the financial industry, but it does not seem like a good time to change industries right now. I am [...]

Thursday’s Trades (10/23/2008)
Bought more shares of XLF @ $14.00
The Financial Select Sector SPDR (XLF) dropped to as low as 13.60 today and closed at 14.49. I had set a limit order for $14.00 before the market opened and my order was executed during the afternoon. The DOW rallied towards the end of the day and [...]

The Asian stock market is expected to rebound soon. The valuations are very cheap. I am not currently invested in any overseas company, however if there will be a coming rally, I may consider buying some foreign stocks. During the summer, I traded frequently on Chinese solar stocks. Is it time to buy again?