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Market Update, August 30, 2007

by Flexo

Consistency is not a virtue of the stock market these days. Dow down to 13,238.73, S&P 500 down to 1,457.64, Nasdaq up to 2,565.30. [Bloomberg]

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The Market Broke

by Flexo

The market broke all kinds of records today. My investment accounts are flying high (relatively speaking) for the time being. S&P 500 at 1,547.70, Dow at 13,861.73, Nasdaq at 2,701.73. [Bloomberg]

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Go to College Without Going Into Debt: Impossible?

by Flexo

According to the Motley Fool UK, the Consumer Credit Counseling Service (CCCS) has stated that unless parents are in the fortunate position to provide their children with “absolute financial support” during higher education, that students must accept debt as a fact of life. (Students Must Accept Debt, Motley Fool UK.) The rising cost of a ... Continue reading this article…

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Governor Jon Corzine Voluntarily Pays Ticket

by Flexo

Jon Corzine, the governor of New Jersey, was in an accident a few weeks ago. He was badly hurt because he wasn’t wearing a seat belt at the time. He fractured his thigh, ribs, and other bones and spent some time in a hospital. He’ll be spending even more time rehabilitating. He wasn’t issued a ... Continue reading this article…

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Five Couples Living on $46k, Number 5: Susan Slingland

by Flexo

The final “couple” in CNN Money’s series on the spending habits of households living on about $46,000 isn’t a couple at all. Susan Slingland is a full-time piano accompanist at Appalachian State University. Susan seems to have her expenses under control. At $675 a month, her rent is her biggest expense, and she keeps that ... Continue reading this article…

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Start Your Morning With The Top From pfblogs.org

by Flexo

Here are some of yesterday’s most frequently viewed blog articles from pfblogs.org. * Think Dual Incomes is a Great Thing? Think Again. Some decisions aren’t meant to be purely financial. Actually, my statement is incorrect. Not many decisions are meant to be purely financial. The decision to stay home to care for children while your ... Continue reading this article…

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Citi Will Lay Off 10,000 and Expects 14,000 More to Go

by Flexo

I had an appointment at my dentist for my semi-annual cleaning this morning, and the hygienist tuned the television to MSNBC and Don Imus, who is having some sort of problem with the Rutgers basketball team. It was the topic for the entire morning. I noticed on the crawl on the bottom of the screen ... Continue reading this article…

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US News Annual Investing Guide, Part 1

by Flexo

Yesterday, Nagel write in with a question: Are many predicting a recession? Over the past few months, I’ve heard some anecdotal predictions for the stock market in 2007 including the Dow and S&P 500 reaching record levels, a topsy-turvy year, a typical “up” third year of a presidential cycle, a correction, and yes, even a ... Continue reading this article…

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