Could QE2 and Inflation Be Good For Consumers?
All this news of QE2 (second phase of quantitative easing) from the Federal Reserve has been saturating the media – and it rightly deserves that spotlight. It is yet another desperate move to resuscitate the troubling economy. And, the intended outcome is inflation. For a long time, we have talked about how inflation eats away [...]
Did Financial Reform Do More Harm Than Good?
The financial industry was a different beast twelve months ago. This time has shed some light on the toxic relationship between three key parties: the government, financial institutions and consumers. Thinking of the times before the economy fell, we were able to get a credit card easily and most people didn’t have too much trouble [...]
Is It Time to Invest in BP?
As the Great Oracle of Omaha preaches: “Be fearful when other are greedy and be greedy when others are fearful.” – Warren Buffett What was once one of the safest, must-have stocks in a portfolio, BP will be held in a different light as of April 20, 2010. The incident at their Deepwater Horizon offshore [...]
Weekend Links: Safe Traders Caused Dow to Drop 900 Points
Thursday May 6, 2010 was a fun day for the stock market and all investors – pardon my enthusiasm. As I had my Scottrade streaming quotes on my screen and the Dow went skydiving, I was able navigate my account in such a flawless manner to transfer some cash over in order to not miss [...]
How the Credit CARD Act Affects Young Adults
The provisions of the Credit CARD Act of 2009 targeting youth and credit will be going into effect Feburary 22, 2010. President Obama is on a mission to reduce the availability to young consumers in an effort to solve a problem that hurts so many of us college graduates today – we graduate with too [...]
