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Yielding Wealth | Personal Finance

Archive for January 2008

January 31st, 2008

Gambling on the Super Bowl

Will Tom Brady or Eli Manning be named MVP of this year’s Super Bowl? Would you like to put some money on that?
Gambling on the Super Bowl is a time-honored tradition. You can place bets on who will win. You can place bets on the score at the end of each quarter. You can place […]

By miranda -- 0 comments

January 30th, 2008

Why The Bear Market Is Good For My Retirement Account

My Roth IRA lost in value last year. A great deal of it happened in November. I’m sure it was rather rocky last week as well. But I didn’t check. Mainly because I’m not terribly worried about what this bear market is going to do to my retirement portfolio. If were retiring next year, I’d […]

By miranda -- 3 comments

January 29th, 2008

Personal Finances: The Importance of Checking Your Information

Kelly over at Taxgirl sent me an interesting link. It’s about a woman in Indiana whose husband died. When she tried to collect her widow’s benefits, she was told that records indicated that she was the dead spouse. www.theindychannel.com reports on part of her story:

The government also sent a letter to her […]

By miranda -- 0 comments

January 28th, 2008

Conforming Loan Limit to Get Boost

One of the beefs that many mortgage lenders and the National Association of Realtors have had when it comes to “economic stimulus” has been a lack of attention for the conforming loan limit. Now, that is likely to change.
In all the hoopla surrounding last week’s tax rebate announcement, the fact that the new plan allows […]

By miranda -- 0 comments

January 28th, 2008

Odd Blog Couple: A Month Of Odd Pairings

This month on the b5 Media Business Channel, we did the Odd Blog Couple. Several of the business blogs participated. Enjoy reading all the responses. It’s all about current issues from war spending to Social Security to voting.
Tags: b5 Media, business blogs, Business Channel, Odd Blog Couple, personal finance blog, yielding wealthShare This

By miranda -- 0 comments

January 25th, 2008

Tax Rebate News: How Much Will It REALLY Help?

This has been a big week for “economic stimulus.” The Fed announced an emergency rate cut on Tuesday and yesterday Congress unveiled a tax rebate package. But will it really help? The numbers are different from the $500 tax rebate that was being floated earlier.
Instead, some working Americans will get $300 and others will get […]

By miranda -- 5 comments

January 24th, 2008

Tax-Deferred Retirement Accounts

Yesterday I briefly hit on the fact that the emergency Fed rate cut will do little to help those whose retirement income relies on cash investments, such as savings accounts and CDs.
Interestingly, though, the rate cut, and other moves to help build “confidence” in the market (like the bond insurer bailout) could help those with […]

By miranda -- 0 comments

January 23rd, 2008

Who Benefits From Yesterday’s Fed Rate Cut?

Yesterday saw an emergency Fed rate cut meant to help the economy. Whether it kicks start the economy or not, there are plenty of people who will see impacts in their personal finances from this move. Yahoo! Finance describes some of the areas that will benefit from yesterday’s Fed rate cut:
After the Fed’s rate cut […]

By miranda -- 2 comments

January 22nd, 2008

Breaking Financial News: Emergency Fed Rate Cut

Today’s breaking financial news is an emergency Fed rate cut of 75 basis points, bringing the overnight lending rate to 3.5 percent and the fed funds rate to 4.0 percent. This is the biggest cut since 1982. Apparently, while the Fed still won’t say “recession,” it is starting to take the economic situation seriously. MarketWatch […]

By miranda -- 4 comments

January 21st, 2008

MLKJ Day

Now is a time for reflection on the importance of good principles — in life and in finances. That is one of the legacies that Dr. King left with us: Good principles to build the future on. The B5 Media Channel is highlighting some of the contributions of Dr. King at Remembering the Dream: Martin […]

By miranda -- 0 comments

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