Where to put $5,000 now
Full table of contents from the June 2007 issue. More Info…
Archive for June, 2007
Boomers traveling in packs
I’ve been on my share of vacations with friends and extended family and survived the most common pitfalls - like people running up the group tab at dinner with expensive wines, planned activities that I wanted no part of and living arrangements that afforded too little privacy. More Info…
How to get the biggest bang for your “green” buck when shopping at the pricey chain. More Info…
Money Magazine’s Donna Rosato comes to the aid of a reader who fell victim to the fine print. More Info…
Full table of contents from the June 2007 issue. More Info…
Makeup entrepreneur Bobbi Brown wasn’t looking for another charity to support when she was invited to a breakfast for Dress for Success, a group that provides professional clothing for disadvantaged women so they can go on job interviews. More Info…
BusinessWeek Online - For generations, homebuyers have had one simple rule drilled into their heads: Whatever happens, keep paying the mortgage. If you don't, you risk losing your house and all the equity you've built up in it. More Info…
Declare 401(k) freedom from the tax man
Question: My understanding is that due to the tax-deferred nature of retirement accounts, I ought to steer risky investments like international funds and individual stocks into my IRA and 401(k), while keeping mainstays like bonds and large-company stocks in taxable accounts. Is this a good policy? - Gary Banks, Santa Fe, New Mexico More Info…
What’s next for the boomers
8 key questions answered, 5 retirement strategies and more from the March issue. Full table of contents.
Rates on 30-year mortgages edge down (AP)
AP - Rates on 30-year mortgages dipped slightly this week, the second decline after five weeks of increases.
Money 70: Best funds
Use these picks to fill any hole in your portfolio.
Boomers traveling in packs
I’ve been on my share of vacations with friends and extended family and survived the most common pitfalls - like people running up the group tab at dinner with expensive wines, planned activities that I wanted no part of and living arrangements that afforded too little privacy.
Retire Early
The Ultimate Dream: How to achieve financial freedom long before 65. Plus: Best Jobs in America. Full table of contents for the April issue.
Regulators tighten subprime lending rules (Reuters)
Reuters - Bank regulators tightened standards for mortgage lending on Friday in a bid to curtail risky practices that have been blamed for a record level of foreclosures.
Reuters - Lennar Corp. , the second-largest U.S. home builder, posted a quarterly loss on Tuesday, forecast a loss for the current quarter and warned that the weak housing market could deteriorate further.
FT.com - Northern Rock, the UK mortgage bank, on Wednesday sought to offset a warning on full-year profit with plans for a share buyback programme. More Info…
AFP - Europe's main stock markets fell in morning deals on Wednesday after Wall Street had finished slightly lower overnight, traders said.
Accredited Calls It a Day (BusinessWeek Online)
BusinessWeek Online - A deal announced June 4 that will marry one of the last mortgage companies specializing in subprime loans to a private equity firm may signal the end for companies whose sole line of business is making risky real-estate loans. More Info…
Recently I’ve been getting a lot of e-mails from readers wondering how they can find investments that offer high income at a time when most stocks and bonds are paying disappointing yields. More Info…
Reports on 380 home markets across the country. See latest prices, forecasts, and other key stats. More Info…
FT.com - HBOS, the UK's fourth largest bank, will issue its pre-close trading update. Analysts will be looking at whether the rate of growth in bad debt provisions is slowing or whether consumers are still finding it difficult to repay loans. They will also be looking at whether HBOS has stepped up growth in key areas such as the wholesale bank and mortgage lending. More Info…
Money 101: All 23 lessons
If prospective buyers looked at your house today, what would they see outside? A giant evergreen that looks as if it might swallow the station wagon, perhaps, scraggly old foundation plants or maybe a kitchen-table view of the neighbors’ kids’ trampoline? More Info…
U.S. mortgage applications decline in week: MBA (Reuters)
Reuters - U.S. mortgage applications declined last week, dragged down by sinking demand for home refinancing with long-term interest rates at their highest level since October, an industry group said on Wednesday.
What’s next for real estate
Reports on 380 home markets across the country. See latest prices, forecasts, and other key stats.
