Financial News

How to Evaluate a Mutual Fund in 60 Seconds Flat

November 1, 2011

There are more than 15,000 mutual funds to choose from! Knowing how to wade through this sea of choices can cause the best of us to throw up our hands in despair. The reality is, however, that evaluating a mutual fund is really quite simple. So if you have 60 seconds to spare, here’s how [...]

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Citi Raises Fees On Checking Accounts

October 5, 2011

When in rains, it pours. Last week Bank of America announced a $5 fee to use its debit card. This week the Occupy Wall Street protesters are fanning out across the country, looking to unseat the bonus marchers in the history books. And now my own bank, Citi, has gone and raised fees on its [...]

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The Unemployed Need Not Apply!

September 28, 2011

Imagine being out of work and desperately looking for a job. You come across a job opening that matches your experience and skill set perfectly. But there’s just one big honking problem. The ad says that the “unemployed need to apply.” What?!? (Source: NYtimes) And apparently this is a much bigger problem than you might [...]

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McDonald’s Monopoly Game is Back!

September 27, 2011

The McDonald’s Monopoly game starts today (September 27, 2011). I’ve been a big fan of this game ever since McDonald’s first launched this marketing juggernaut in 1987. So this year I thought I’d give you everything you need to know about the game, including how to play online, how to get free game pieces and [...]

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We Will NEVER Forget

September 11, 2011
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Michael Vick is the $100 Million Man

August 30, 2011

I love comeback stories. And Michael Vick is as good an example as you’ll ever find. Yesterday he signed a $100 million 6-year contract with the Philadelphia Eagles, $40 million of which is guaranteed. Boy has he come a long way, and there is a lesson here to be learned. Recall that he spent six [...]

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U.S. Deficit Sets Record (Again)

August 25, 2011

The United States doesn’t settle for second best. And that’s never been more true than our beloved country’s ability to rack up record-setting deficits. Yesterday, the CBO released its projection that the country’s deficit this year would total $1.3 trillion (that’s $1,300,000,000,000.00). For you history buffs, a $1.3 trillion dollar deficit is “only” the third [...]

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Why the S&P Downgrade of U.S. Debt was Right on the Money

August 9, 2011

The S&P downgrade of U.S. debt from AAA to AA+ reminds me of the Christian Bale’s character (Dicky Eklund) in the movie, The Fighter. We’ve been walking around like we’re the “pride of Lowell,” but now we’ve been slapped down to reality. If there’s any doubt about this, check out what China had to say [...]

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ING Direct Independence Day Bonuses

July 1, 2011

ING Direct has decided to reward current and future account holders this 4th of July week by announcing a bonus that stretches across all of their products.  Beginning today and ending tomorrow, (11:59pm ET, Saturday, July 2nd) ING Direct is offering four bonus opportunities, each of which relates to the year the United States gained [...]

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