Cash for Clunkers
If you have been thinking about trading in your old clunker, now just might be the right time. The government is subsidizing the trade-in value of gas-guzzling cars, vans and trucks. To simply the requirements, here's the general guidelines of the CAR Allowance Rebate System (CARS):
US Debt Clock
The following website is a real attention getter: http://www.usdebtclock.org/. The purpose of the USDebtClock.org is to inform the public of the financial condition of the USA. Using complex formulas verified by multiple sources, the numbers give a real-time snapshot of the country’s balance sheet. Here are some areas to focus upon as you ponder:
Closing the Behavior Gap
Over the long run, equity mutual funds can offer some pretty attractive returns. Ibbotson SBBI research shows that Large Stocks have returned an annualized 9.6% from 1926 to 2008. All too often an otherwise rational person will have an investment experience that doesn’t measure up to market returns. Studies suggest that investors actually under-perform the funds they are investing in. How could that be?
Look Out for Number One
Generally, looking out for your own interests rather than those of other people is not considered a positive attribute. But when it comes to looking for financial planning and investment advice, you should do exactly that. Understanding the standard of care required by your advisor is one way to look out for yourself.
One Bad Apple
Investment Advisors managing over $25 million are subject to regulation by the Securities and Exchange Commission (