by Flexo
That’s the question tackled by Walter Updegrave in his CNN Money column, Ask the Expert. Here are the given facts: the individual is 25 years old, contributes 10 percent to his 401(k) and maxes out his Roth IRA. Will that be enough to retire in twenty-five years? Walter thinks he has a lot of work ... Continue reading this article…
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by Flexo
Federal Reserve Chairman Alan Greenspan commented a few nights ago: Nearer term, the housing boom will inevitably simmer down. As part of that process, house turnover will decline from currently historic levels, while home price increases will slow and prices could even decrease. As a consequence, home equity extraction will ease and with it some ... Continue reading this article…
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Downtime, Flight Time
by FlexoSorry for the downtime Consumerism Commentary readers experienced earlier today. My web service provider was having some router problems, but everything seems to be fixed… for the moment, anyway. We weren’t the only ones with computer issues; the New York Mercantile Exchange (NYMEX) had to suspend trading for some time earlier today because of a ... Continue reading this article…