credit: Zesmerelda The DOW had a better day posting a record gain of 938 points: Wall Street has stormed back from last week’s devastating losses, sending the Dow Jones industrials soaring a nearly inconceivable 938 points after major governments’ plans to support the global banking system reassured distraught investors. The Dow by far outstripped its […]
Question: What’s The Best Financial Advice You’ve Received?
credit: laughlin Tagged! Over at freefrombroke.com I was tagged yesterday to answer the following question: What’s the best financial advice you ever received? That’s a tough question, and I’m not sure how to answer it. I guess I really can’t remember ever receiving any amazing financial advice from my parents, or those around me. […]
Losing Money In Your 401k? 6 More Ways To Make Some Extra Money!
401k balance dropping? Create some new income! Right now the markets are struggling. There is no doubt about that. 401k balances are dropping, investment accounts are taking a hit, and there isn’t an end in sight. So what can you do instead of just wringing your hands and hoping for someone to bail YOU out? […]
Is Your 401k Losing Money? DON’T PANIC!!!
With the economy in the middle of a giant plunge, it is getting harder and harder not to feel a little panicked when you watch your 401k balance drop by $10-20,000 or more. In the last 6 months my wife and I have watched our 401k do just that. A poll on CNN Money says […]
Wall Street Makes Early Gains On Hearing Fed Plan to Buy Debt
credit: Ross C. The fed made a move today to help unclog the credit markets, and the stock market has shown some early gains, moving back over 10,000 to start the day: Wall Street is moderately higher in early trading, with investors encouraged by a Federal Reserve plan to buy massive amounts of short-term debt […]
During Hard Times: The Only Solid Reality Is The Word Of God
This morning, the week after the bailout package passed, the DOW dropped below 10,000 for the first time in quite a while. Sounds like the worst is yet to come, and the promise of the bailout package wasn’t enough to stabilize global markets, at least not right away. I’m not Catholic, but I had to […]
House Passes $700 Billion Bailout Bill
After going down to defeat earlier in the week in the House, the second version of the bailout bill was passed today without a problem: The House of Representatives passed a sweeping, $700 billion economic rescue package after reconsidering the measure it failed to green-light earlier this week. The vote was 263 to 171, […]
Our Cruise Was the Trip of a Lifetime! (Photos Included!) Part 3
Santorini, Greece After we sailed from the port at Naples, Italy, we headed on a course towards Santorini, Greece. Santorini, in case you have never heard of it is a beautiful little volcanic island that is known for its beautiful white buildings, and amazing ocean sunsets. The main island that we visited is shaped like […]
Lost In Bailout Talk: Second Stimulus Check is Dead On Arrival
The last couple of weeks we have seen a lot of news about our struggling economy, bailouts of troubled financial companies and buyouts of their their troubled assets. This news is important, and it’s obvious we need to be talking about it. One thing that has been lost in all of this coverage, however, is […]
Senate OKs $700B bailout
A few days after the House rejected a similar $700 billion bailout plan, the Senate on Wednesday gave approval to a similar but slightly different bailout plan. The new plan which now includes several other measures meant to sweeten the pot and bring some members who previously voted the plan down to the table, should […]
Bankruptcy, Not Bailout?
Many are saying that if we don’t come up with a bailout package, that the economy will crash because of the lack of credit available to companies and consumers. Others are saying that a bailout of struggling companies by taxpayers isn’t a good idea either, and that a plan involving insuring the troubled assets would […]
Personal Finance Bible Verse of the Day: Uncertain Times
Command those who are rich in this present world not to be arrogant nor to put their hope in wealth, which is so uncertain, but to put their hope in God, who richly provides us with everything for our enjoyment. 1 Timothy 6:17 During these uncertain times that we’re facing with our economy, it’s important […]
House Defeats $700B Financial Markets Bailout
I was eating my lunch this afternoon when I saw something that surprised me. The $700 billion bailout package moving through congress was defeated by the house today. I can’t say I think the bailout package is a great idea, but I am surprised that it didn’t pass: The House on Monday defeated a $700 […]
Our Cruise Was the Trip of a Lifetime! (Photos Included!) Part 2
Florence and Pisa, Italy After leaving the French Riviera our cruise ship headed down the coast towards Italy. We pulled into an Italian port and promptly disembarked. We were on a 8 person tour van for our tour of Pisa and Florence. Our first stop was Pisa and the leaning tower that has made the […]
