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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: December 2009
Few Called Market Turn, Fewer Predict It Will Last
Few analysts forecast 2009′s remarkable stock market rebound as major indexes were plunging to 12-year lows last March. Now, with most experts predicting the pace of stocks’ gains will slow in 2010, there’s reason to believe they will be proven correct . . . read more Read More
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Images used under Creative Commons licenses 3.0 & 2.5 (Dylan Horrocks, Greg Williams, and Nina Paley) Read More
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Images used under Creative Commons licenses 3.0 & 2.5 (Dylan Horrocks, Greg Williams, and Nina Paley) Read More
Fed to Strike Upbeat Note on Economy
Focused on keeping the recovery going and driving down double-digit unemployment, the Federal Reserve is poised to leave interest rates at a record low.
Fed Chairman Ben Bernanke and his colleagues resumed a two-day meeting on Dec. 16. At the end of the meeting, the Fed struck an upbeat note about the progress the economy is making. But they also cautioned that now is not the time to be complacent against risks.
Signs are growing that the economy is on the mend. Consumers and businesses are spending again. The housing market is stabilizing. Manufacturing is growing. And layoffs are moderating . . . read more Read More
Time magazine names Bernanke ‘Person of the Year’
Federal Reserve Chairman Ben Bernanke has been named Time magazine’s “Person of the Year” for 2009.
Last year’s winner was then-President-elect Barack Obama. The 2007 winner was Russian Prime Minister Vladimir Putin.
Other previous winners have included Bono, President George W. Bush, and Amazon.com CEO and founder Jeff Bezos. Read More
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Images used under Creative Commons licenses 3.0 & 2.5 (Dylan Horrocks, Greg Williams, and Nina Paley) Read More
Bond Ladders: A Primer
The one thing that any bond investor should pay attention to—especially right now—is the fluctuations in fixed-income yields. It can be hard if not impossible to determine when yields will rise and fall, which makes it tough to know when the ideal time is to invest your money. In addition, since many investors typically buy and hold bonds until maturity, choosing the right timing adds another level of complexity and anxiety, given that all your money will be tied up for such a long period of time with one municipality or corporation.
Using an approach like a bond ladder can help minimize those stresses. This approach spreads investment dollars out over time and among various issuers, so that investors aren’t required to chance all their dollars at one moment in hopes of getting their timing and selection just right. read more Read More
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Images used under Creative Commons licenses 3.0 & 2.5 (Dylan Horrocks, Greg Williams, and Nina Paley) Read More
