Friday, June 4, 2010

“Friday's Personal Finance stories - Marketwatch” plus 3 more

“Friday's Personal Finance stories - Marketwatch” plus 3 more


Five Filters featured article: Into the Abyss. Available tools: PDF Newspaper, Full Text RSS, Term Extraction.

Five Filters featured article: Into the Abyss. Available tools: PDF Newspaper, Full Text RSS, Term Extraction.

Friday's Personal Finance stories - Marketwatch

Posted: 04 Jun 2010 01:03 PM PDT

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By MarketWatch

Don't miss these top stories:

My first foray into the labor market, at 13, was a summer job working for my stepmother's dog-grooming business, bathing dogs in the big tub at the back of the shop. One of my clearest memories of the experience was being handed what seemed to me a huge wad of cash every day after work. There's that, along with the dog hair that affixed itself to all of my clothes.

We had a lot of fun working together at that shop, but those were easier times, economically speaking. These days, family-run businesses are finding it a struggle to survive -- and that can raise familial tensions. How do you lay off a relative, or turn down a job request from your son or daughter? Read Ruth Mantell's Diary of a Recession Baby for more on some of the tough-love tactics that family businesses are forced to adopt in these difficult economic times.

With the latest job-market data looking relatively grim, family firms may find the tensions rising. Then again, tension is pretty easy to find anywhere you look these days.

-- Andrea Coombes, Personal Finance editor

SMALL BUSINESS

Recession brings tough love to family firms

Expecting Mom and Dad to set you up with a cushy job in the family business? Not so fast. In this economy, some family firms are finding themselves forced to turn down job requests from relatives, and business owners are laying off family members and longtime trusted employees because of the length of the downturn.
See Diary of a Recession Baby.

RETIREMENT

Here's how you'll pay for your retirement

Retirement planning isn't about "the number," but the numbers -- your assets, liabilities, expenses and income. The more you know about those numbers, the more likely your retirement plan will become a reality instead of a pipe dream.
See Robert Powell.

Five Filters featured article: Into the Abyss. Available tools: PDF Newspaper, Full Text RSS, Term Extraction.

Personal Finance Corner - All Business

Posted: 04 Jun 2010 07:55 AM PDT

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Friday Fun Video: "Money" by Pink Floyd
June 04, 2010, 9:45 AM
Here is what YouTube claims is the original music video for the song "Money." ...

Wikinvest Portfolio: Automatically Track All of Your Investments
June 02, 2010, 11:00 AM
Today, Wikinvest is launching its streaming portfolio tracker. It looks cool. It's like the Mint.com of investment account tracking.

Happy Memorial Day from the Personal Finance Corner
May 31, 2010, 11:00 AM
While enjoying your Memorial Day, don't forget to remember those who have gone before.

Friday Fun Video: Steve Punt Explains How We Ended Up with a Credit Crisis
May 28, 2010, 11:15 AM
Funny or Die offers this lovely description of the credit crunch and what caused the mortgage crisis.

Reader Question: I Need to Take Withdrawals from My IRA, But I'm Worried About the Stock Market. What Should I Do?
May 27, 2010, 11:00 AM
In the end, you want to research your options, and decide which combination is the best for you.

Are You Concerned About Insurance to Protect Your Assets?
May 26, 2010, 11:40 AM
Make sure that your assets are adequately protected. Otherwise, you may find yourself at more of a loss should something happen.

What is the Real Definition of Inflation? [INFOGRAPHIC]
May 24, 2010, 9:40 AM
CreditLoan.com offers this great infographic, exclusive to the Personal Finance Corner, about inflation.

Friday Fun Video: Unexpected Financial Problems
May 21, 2010, 1:05 PM
I'm not sure I could be so cavalier about so much money, though, even if it were someone else's.

ATM Fees Alive and Well: You're On Your Own, Since the Senate Won't Be Helping You
May 19, 2010, 9:35 AM
In the end, the only person that is going to look after your financial best interest is you.

6 Things to Remember When Getting a Home Equity Loan
May 17, 2010, 9:35 AM
While it is nice that in many cases the interest you pay is tax deductible, and it is nice that you end up with a lower rate than many other types of financing, there are some pitfalls associated with home ...



Five Filters featured article: Into the Abyss. Available tools: PDF Newspaper, Full Text RSS, Term Extraction.

Personal finance predictions for 2010: ID theft - CreditCards.com

Posted: 04 Jun 2010 07:48 AM PDT

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Personal finance predictions for 2010: ID theft

ID theft is set to rise on the heels of the recession

By Jay MacDonald

Like wolves to injured prey, identity thieves are out to turn the recession struggles of average Americans to their own advantage.

"In my adult life, I've never seen more varations of old scams and the degree of sophistication in newer scams," says Robert Siciliano, CEO of IDTheftSecurity.com.

The Identity Theft Resource Center predicts an increase in the number of identity theft crimes and victims during the next two years.

Particularly vulnerable are jobseekers whose desperate search for employment makes them easy targets for fake job listings and work-from-home scams.

"If the job description is not one that you would see printed on a business card, or you are asked to front money, it's a scam," says Siciliano.

Also on the rise are the misuse of social media and phony ads on Craigslist and other Web sites for the purposes of obtaining credit card numbers or cash.

Most disturbing has been the growing problem of child identity theft, sometimes by the child's own family.

"The ITRC has noted that nearly 10 percent of its case load for the past six months involved child identity theft issues," says founder Linda Foley. "It's as if people have finally realized that a child's Social Security number can be used for more than just opening a line of credit."

Visit the ITRC Web site to learn how to protect your personal data from thieves and hackers.

Finally, in the countdown, 1:  Your kids

See related: Identity theft booms, even as thieves rely on old-fashioned methods, Protecting your children from identity theft, 10 things you should know about identity theft

Published: December 31, 2009

Marketplace Money Showcases Voices from Chicago - Chicago Public Radio

Posted: 04 Jun 2010 11:16 AM PDT

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