September 2008

Thumbnail image for The sky is not falling!

The sky is not falling!

If you have been paying attention to any form of news media the last several days, you are well aware of the ‘crisis’ that has become our economy. Last week the Treasury Secretary, the Federal Reserve chairman and even our President, told you that unless congress acted quickly the damage to the market would be [...]

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Thumbnail image for Something for nothing?

Something for nothing?

Recently, we talked about the rising cost of food, and how companies were trying to keep prices lower, while still cutting costs. Today I ran across another article that plays on our emotions to encourage us to spend more. We all like something for nothing, but how many of us have heard that “nothing is [...]

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Thumbnail image for None of the above!

None of the above!

If you have listened to the radio, watched TV, read the newspaper or talked to a friend or colleague the last two days you have no doubt heard about the governmental bailout being tossed about by the fed chairman, Ben Bernanke and the Treasury Secretary Henry Paulson. Today the congress appears to be putting the [...]

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Thumbnail image for Singing in the rain?

Singing in the rain?

We all know that we should be saving for a “rainy day”, but with most people, finding a little extra money to save is easier said than done. However, not having an emergency fund is a really quick way to big problems. There are lots of ways to find some extra money to put into [...]

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Thumbnail image for A lot of zeroes!

A lot of zeroes!

Most Americans dream of the six-figure job ($100,000), a million seconds (1,000,000) is roughly 280 hours and a billion pennies (1,000,000,000) weighs more than 6 million pounds (6,000,000). Each of these items represents pretty large numbers, but not as large as the government bailout of the financial market that was presented today. The government wants [...]

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Thumbnail image for Going up?

Going up?

Did I say that the Dow Jones gave up over 500 points on Monday? Well today it rebounded by ending the day up 410 points. Talk about “irrational exuberance”. What can we learn about the stock market based on the last couple of days? First, we know that news drives the market. The market rebounded [...]

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