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Nearly every man who develops an idea works it up to the point where it looks impossible, and then he gets discouraged. That's not the place to become discouraged.
Thomas Edison Categories
Monthly Archives: September 2009
Thinking Ahead: Part One of Two
It’s good to know what your family goals are for the next 10 or 20 years: Buy a home, send children to college, accumulate enough for retirement and many other worthy aims. But good intentions don’t necessarily make good outcomes. To be successful, you need to do some simple arithmetic, and then — and this is the hard part — live according to the calculations. Read More
New Federally Insured College Savings Plan
In today’s economy, contributing to your child’s college education fund might be causing you more anxiety than peace of mind.
To help you rest at ease, the Utah Educational Savings Plan — in partnership with Zions Bank — has introduced the first-of-its-kind FDIC-insured savings account in the 529 plan realm that doesn’t have minimum deposit or balance requirements and is tax free if you withdraw from it to pay for higher education. Investment-research firm Morningstar Inc. recently named it one of the Top Five 529 savings plans in the country.
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Investment Scams
On Dec. 11, 2008, Bernie Madoff confessed to basically a giant Ponzi scheme involving, in Madoff’s own estimation, $50 billion. He was promptly arrested and charged with 11 criminal counts, including securities fraud, wire fraud, mail fraud, money laundering and … Read More
Zions Bancorporation Announcement
Zions Bancorporation Announces Equity Distribution Agreement and Commencement of Senior Notes Offering
Utah Execs Survey: Bouncing Back from the Recession
Utah business owners anticipate recovery from the effects of the recession will be slow, according to Zions Bank’s latest Utah Quarterly Economic Forecast. The second quarter 2009 study reveals 52 percent of Utah executives say it will take their companies at least one year to bounce back. Another 31 percent of Utah business leaders predict it will take six-to-12 months to recover, and just eight percent believe it can be done in less than six months. Read More
Mixed Bag
U.S. employment data for August was a mix of “getting less painful” and “getting worse”…both as expected. The crux of the data was one more sign that the U.S. recession has largely run its course, although ongoing, but lesser, job losses and rising unemployment will remain the norm in coming months. Read More
A Return to Fundamentals: Part One – Buy What You Know
If you’re like most investors last year’s portfolio losses have not only caused you a great deal of financial strain, but also given you a full measure of doubt about how—and where—to begin to invest again. While it may be tempting to look towards esoteric strategies or follow popular investing gurus and TV personalities to get back on track, we’re confident that the fundamentals—not bells and whistles—are the best way to find investments worthy of your hard-earned dollars. Read More
Zions Top Lender of New SBA ARC Loans
Zions First National Bank, a subsidiary of Zions Bancorporation, was the first financial institution in the nation to receive authorization by the U.S. Small Business Administration (SBA) to extend a new America’s Recovery Capital (ARC) loan to a small business client. Zions Bank received approval of an ARC loan application from the SBA on June 15, 2009, the day SBA began offering these loans that provide an immediate infusion of capital to small businesses to assist with making payments of principal and interest on existing debt. Read More
Getting Better (OK … Less Bad)
The latest U.S. employment report had more elements of good news than perhaps any report in nearly a year, although all is obviously not well with employment. Still, it is nice to talk about more signs of an American economy now very likely transitioning out of the longest and most painful recession in our lifetimes. Read More
