Wednesday, March 31, 2010

“Get Rich Slowly contest offers $500 prize for best ... - Walletpop.com” plus 3 more

“Get Rich Slowly contest offers $500 prize for best ... - Walletpop.com” plus 3 more


Get Rich Slowly contest offers $500 prize for best ... - Walletpop.com

Posted: 31 Mar 2010 11:00 AM PDT

Filed under: Budgets, Economizer

Five Filters featured article: Chilcot Inquiry. Available tools: PDF Newspaper, Full Text RSS, Term Extraction.

Eileen Ambrose: Personal Finance - baltimoresun.com - Baltimore Sun

Posted: 31 Mar 2010 03:50 AM PDT

The Baltimore Sun's Eileen Ambrose has been writing on taxes, retirement, saving for college and other personal finance issues since 1999. Got questions? She'll try to find answers. She also contributes to the blog Consuming Interests.

March 30, 2010

Walking away from mortgages harder to do in Maryland

Every day more homeowners are underwater - meaning they owe more on their house than it's worth - and a growing number of them across the country are simply walking away.

March 28, 2010

Active ETFs blend regular counterparts and mutual funds

With more than 900 exchange-traded funds, you can find one that fits every investment sector, strategy or mood you're in. Now get ready for even more variety with actively managed ETFs.

March 23, 2010

Higher interest, but a catch

The interest you earn on your checking account might be so low that you don't even notice it. But some banks and credit unions are now paying generous rates - with a slight catch, of course.

March 21, 2010

Student loan industry's 'takeover' by federal government is overdue

The federal student loan program has gone through many changes in its 45-year history, and now it's time for the next big step: cutting out the middleman.

Struggling to pay taxes? The IRS is here to help

March 16, 2010

Struggling to pay taxes? The IRS is here to help

The tax deadline is a month away, and the Internal Revenue Service wants you to know that it's going to lighten up.

March 14, 2010

PERSONAL FINANCE

Build a better 401(k)

The fastest-growing segment of the population these days: centenarians.

March 9, 2010

February was standout month for dividends

After two of the worst years ever for dividends, payouts to shareholders are making a comeback.

March 7, 2010

Marylanders joining Move Your Money campaign

A nationwide campaign to stick it to the big banks seems to have caught on with consumers who are withdrawing their money and moving on.

Legislation would shine light on tax refund loans

March 2, 2010

Legislation would shine light on tax refund loans

Tax season is upon us, and some filers literally can't wait.

February 28, 2010

Consumer's quest for refund shines a light on ID theft

Deborah Tewey unwillingly joined a large and fast-growing club: victims of identity fraud.

February 23, 2010

Con artists target folks desperate for work

Con artists have the canny ability to home in on what we are most concerned about and then exploit it for their own gain. Right now, it's jobs.

February 21, 2010

As consumer reforms roll out, beware new credit card company fees

Credit card issuers are going to have to play by a whole new set of rules that take effect Monday and are considered consumer-friendly - but will also cut into some of their traditional sources of revenue.

February 16, 2010

Don't dawdle on college aid requests

Colleges are bracing for another year of high demand for financial aid - and that means students need to get their applications in as quickly as possible.

February 14, 2010

All you need is love

Couples this Valentine's Day will exchange cards, kisses and - if they're really serious - chocolates. Why not credit reports?

February 9, 2010

How protected are you from snow damage?

With 2 feet of snow this past weekend and more flakes forecasted, many homes in the Baltimore area are likely to end up with some weather-related damage.

Rife with myth

February 7, 2010

PERSONAL FINANCE

Rife with myth

The U.S. tax code is massive and complicated - the perfect fodder for myth-making.

Tax breaks 101

January 31, 2010

Tax breaks 101

This may be the tax season where even die-hard do-it-yourselfers break down and hire a preparer or at the very least invest in some tax software.

January 26, 2010

Look out for confusion over end of estate tax

The one-year suspension of the federal estate tax may be a bit of good news for the bereaved - but it also could upend some careful estate planning.

January 24, 2010

Personal finance

Beware of bursting bubbles

In the aftermath of the 2008 stock market crash that wiped out retirement accounts, nervous investors stampeded for cover and poured a record number of dollars into bond mutual funds last year.

Your rights and what to do when debt collector calls

January 19, 2010

Personal finance

Your rights and what to do when debt collector calls

When a leading debt collections law firm that had been accused of breaking consumer protection laws collapsed in Maryland last week, debtors searched for answers about what Mann Bracken LLP's demise would mean for them.

January 17, 2010

Personal finance

It's raining reforms

The credit card industry will undergo its most sweeping overhaul in history when new regulations kick in next month.

Filers, beware: Pick your tax preparer wisely

January 12, 2010

Personal finance

Filers, beware: Pick your tax preparer wisely

The days are numbered for paid tax preparers who don't understand tax law - or intentionally flout it - yet file returns anyway, leaving the taxpayer to suffer the consequences.

January 10, 2010

Personal finance

Is the Roth right for you?

The buzz in the financial industry right now: Roth IRA conversions.

January 5, 2010

Personal finance

Be careful dealing with debt settlement firms

The number of debt-settlement companies nationwide has grown into the thousands as more strapped consumers are turning to them to help wipe away debt.

January 3, 2010

Personal finance

Turn the lights out on the 'aughts'

The first decade of the new millennium is now over and most of us might say, "Good riddance."

October 11, 2009

PERSONAL FINANCE

Danger: Low inflation

Investors and economists worry about higher inflation, but the more immediate concern is inflation that's flat or even negative.

February 1, 2009

Eileen Ambrose: Tips to help you save some of your money

Gather your W-2, charitable receipts and investments statements. Tax season is here.

Five Filters featured article: Chilcot Inquiry. Available tools: PDF Newspaper, Full Text RSS, Term Extraction.

President Obama Changes the Way Student Loans Are Given - All Business

Posted: 31 Mar 2010 11:57 AM PDT

This week's special coverage of the impacts of the Obama Administration here on AllBusiness continues. I've been looking at personal finance changes for the middle class. (Yesterday's post was on the Making Work Pay tax credit.)

One of the more interesting personal finance policies from this administration was put into motion yesterday, when President Obama signed a bill ending private sector lending of student loans guaranteed by the government. Now all Stafford loans and Plus loans will be originated through the Department of Education.

For most borrowers, there won't be huge changes (although the government is offering a lower interest rate on Plus loans than the current private sector version). And banks and other institutions can still offer private student loans. They just won't be government guaranteed -- and the institutions won't be getting subsidies.

Kathleen Pender reports on the expected savings with the government originating these loans:

The government estimates it will save $61 billion over 10 years because it has a lower cost of funds than the banks it is replacing and won't have to pay them a subsidy. Some of that money will go toward Pell grants for needy students, community colleges and minority-serving colleges. The rest will go to other uses including deficit reduction and health care reform.
Additionally, it will be the government receiving those interest payments, rather than private businesses (who are also subsidized). The hope is that this will lower overall education costs for the middle class. Those who don't qualify for grants would be able to borrow at lower rates. At least that's the plan. We'll have to wait and see whether this really does help keep costs down. The new program goes into affect July 1, 2010. All loans made before then are unaffected.

Five Filters featured article: Chilcot Inquiry. Available tools: PDF Newspaper, Full Text RSS, Term Extraction.

Personal Finance Daily - Marketwatch

Posted: 30 Mar 2010 02:43 PM PDT

Alert Email Print

By MarketWatch

Don't miss these top stories:

If the financial system is going to crash again in the not too distant future, why bother investing? That's the conundrum Paul B. Farrell attacks in his latest column. For a while now, Farrell's been noting that another big hit to the stock market will come in the next decade, but he also advocates the Lazy Portfolios -- a group of set-it-and-forget-it strategies that, while they've bested the S&P 500 Index /quotes/comstock/21z!i1:in\x (SPX 1,169, -3.84, -0.33%) over the past five years, still involve investing in a market that is all but certain to crash again at some point.

Read Farrell's column for his take on why investing requires a careful mental balancing act; plus, don't miss Ruth Mantell's Diary of a Recession Baby on why parents are spending ever more time planning their children's daily activities.

-- Andrea Coombes, Personal Finance editor

Commentary: Lazy Portfolios or a 2012 Collapse: It's OK to believe in both

Ten years ago this week, we wrote "Next crash? Sorry, you'll never hear it coming." In 2000 the market topped at 11,722. Today the Dow's still under 11,000. We also predicted Wall Street's 2007 meltdown. Over the decade, we all watched Wall Street insiders get rich while they lost more than 20% of Main Street America's retirement money.
See Paul B. Farrell.

FAMILY FINANCE

Planning children's care is becoming a full-time job

I spend a lot of time on my baby, but all that time isn't necessarily spent with my baby. There are hours of phone calls and emails and text messages every week to make sure that Eve is healthy and happy.
See Diary of a Recession Baby.

INVESTING

Supreme Court sides with funds industry in fees case

In a decision with significant implications for the mutual-fund industry and its investors, the U.S. Supreme Court ruled Tuesday that shareholders must adhere to a strict standard to win lawsuits involving excessive management fees.
See FundWatch.

Hedge fund of funds for clean tech

TerraVerde Capital looks for managers investing across the carbon-footprint supply chain -- solar, wind, biomass, biofuels, weather and agriculture, even water and water pipes, says managing member Richard Bookbinder. Jonathan Burton reports.
Watch Video Report.

Commentary: Gold timers are not pessimistic enough to satisfy contrarians

There is a lot more pessimism today among gold traders than there was several weeks ago. That's good news, of course, at least from a contrarian point of view.
See Mark Hulbert.

Five Filters featured article: Chilcot Inquiry. Available tools: PDF Newspaper, Full Text RSS, Term Extraction.

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