Posted on 31 December 2008
To most people, taking out a loan from your 401k might sound like a good idea. After all, it’s our own money you’re borrowing and you can repay yourself with interest to help enhance your overall returns right?  Well, despite conventional thinking, the reality is this method can actually do more harm than good to your future [...]
Tags: 401k, finance, investing, loan, money, retirement
Posted on 20 December 2008
 Think Positive Many people have come to realize that what we are focused upon often manifests itself in our lives. Thus, if we are apprehensive about or fearful of events in the future, we will often attract that very thing into our lives. Fortunately, it works the other direction as well. If we are [...]
Tags: achievement, Goals, happiness, law of attraction, positive, vision
Posted on 20 December 2008
In two-and-a-half months, the Treasury has used up half of the money from the Troubled Asset Relief Program. Here’s how it came and went so fast. NEW YORK (CNNMoney.com) — President Bush has grudgingly allowed General Motors and Chrysler to drive away with the last few billion bucks in Treasury’s TARP till, which boasted $350 [...]
Tags: bailout, economy, money, Paulson, TARP
Posted on 19 December 2008
(CBS) When it comes to bailouts of American business, Barney Frank and the Congress may be just getting started. Nearly two trillion tax dollars have been shoveled into the hole that Wall Street dug and people wonder where the bottom is. As correspondent Scott Pelley reports, it turns out the abyss is deeper than most [...]
Tags: Alt-A, crisis, economy, finance, mortgage, Option ARM, real estate, recession
Posted on 31 October 2008
In these tough economic times, people go into survival mode and have the mentality of “flight or fight.” Â Most people opt for “flight” and their fear has immobilized them to the point where rational thinking goes out the door. Â It’s completely understandable because these hardships are very real and resonant into the lives of all [...]
Tags: bonds, finance, invest, money, securities, stock market, stocks, warren buffet