This week was the first Personal Finance Online Summit, held on Wednesday to give personal-finance experts the opportunity to discuss with the president the major financial issues affecting both the country at large and individual households on a smaller scale. At the end, President Obama shared the tenets he says he personally lives by. Here it [...]
Ever wonder which industries are the most profitable? The answers may surprise you. No shock here — finance is far and away the winner, with closed-end equity funds reporting a profit margin of 81%. That means that for every dollar an equity firm earns in revenue, it spends only 19 cents on the costs of [...]
Welcome to this week’s edition of our Tuesday Top 5, Econ4U’s weekly tips post to help you manage your money in five easy steps. Making retirement saving a priority is the recognition that it’s easier to go without now (when you’re young and able-bodied) than at the end of your life when your options are fewer. [...]
Each year, Forbes magazine puts out the Fictional 15, a clever list of the richest people who don’t really exist except in the imagination of writers and television show producers. This year, vampire patriarch Carlisle Cullen from the Twilight book series tops the list with an estimated net worth of $34.5 billion. It helps that he’s [...]
January 22, 2010 – 3:53 pm
Seasoned investors are likely aware of the “January effect,” a trend of the stock market to rise in January as people who sold losing stocks in December (to claim a loss for tax purposes) reinvest that money. But did you know the month can also be an economic predictor for the rest of the year? [...]
November 24, 2009 – 7:05 pm
Welcome to this week’s edition of Tuesday Top 5, our weekly tips post to help you manage your money in five easy steps. While $1,000 may seem like a genuine chunk of change, in reality it’s not hard to save up that much with a little discipline. You’d save that much by giving up your daily [...]
November 3, 2009 – 5:45 pm
Welcome to this week’s edition of our Tuesday Top 5, our new weekly tips post to help you manage your money in five easy steps. Today we tell you the five things you need to know if your end goal is retiring a millionaire. Sound like a pipe dream? It’s not if you start early enough. [...]
October 9, 2009 – 11:51 am
National Save for Retirement Week is coming up (October 18-24) to urge Americans to beef up their savings accounts for the long haul. Those who have the longest amount of time before retiring stand to gain the most by investing early (thanks to the wonders of compounding interest), so it’s particularly important that young people [...]
September 18, 2009 – 3:43 pm
The stock market has had a couple of good weeks in a row but unless you’re invested in it, the recovery isn’t doing you much good. If you haven’t a clue about where to start in the stock market, Morningstar.com’s Investing Classroom offers a bunch of free online tutorials to teach you the basics about [...]
September 8, 2009 – 12:41 pm
Most people believe owning a home is the American dream, right? Not necessarily. The idea that you’re just throwing your money away by renting is no longer the rule — in fact, over the past few years, many more people have thrown their money away by buying. The government offers several financial incentives to homeownership. [...]
