Category Archives: Investing

Dow Sees Biggest Decline in Six Weeks as S&P 500 Fails to Extend Record Closes

The week for stocks looked so promising through Thursday, but Friday brought about a sour note, leaving stocks lower for the Dow than where it began for the week, and erasing record highs the S&P 500 had been achieving during … Continue reading

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More Atlantic City Woes: Trump Plaza Hotel Casino Could Close in September

Atlantic City could see the Trump Plaza Hotel close as early as September if reports from The Press of Atlantic City are correct. The closure of this hotel-casino would mean the loss of another 1,000 jobs in Atlantic City, which … Continue reading

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The Profit TV Star Marcus Lemonis Likes His Crumbs

There was a sliver of hope for those who love their gourmet cupcakes after the bad news that Crumbs cupcakes had closed up all its stores and filed for bankruptcy after defaulting on over $9 million in loans. It appears … Continue reading

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S&P 500 and Dow Hit Record Highs While Less than Half of People Own Stocks

As both the Dow Jones industrial average and S&P 500 index hit record highs, most of the nation doesn’t have much to celebrate. That’s because less than half of Americans actually own stocks these days, so there is no financial … Continue reading

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Dow Tops 17,000 and S&P 500 Hits Record High in Short Week of Trading

A short week for stocks couldn’t dampen trader’s spirits as both the Dow Jones industrial average and S&P 500 index hit new all-time highs in the week leading up to the Fourth of July. With stock markets taking a break … Continue reading

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GM Recalls Over 20 Million Vehicles This Year Including Popular Models

It hasn’t been the best of years for General Motors when it comes to the reliability of their vehicles. The company announced three new recalls on Friday, bringing the total number of recalls for the year to 48. Those 48 … Continue reading

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Stocks Close Week with Small Gains, But off All-Time Highs

It was a fairly listless week on Wall Street with individual stocks moving on news specifically related to those companies, but not much movement in the market as a whole. Both the Dow Jones industrial average and the S&P 500 … Continue reading

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Asian Shares Creep Higher, While Home Sales Fail to Spark US Stock Market

Better news from China, Japan and the US from performance of manufacturing surveys (PMI) data helped Asian stocks find slender gains on Tuesday. This included a US PMI which reached a four-year high of 57.5. The improvement in manufacturing indicated … Continue reading

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Dow and S&P 500 End Week at Record Highs. Will We See More Next Week?

The stock market ended last week in positive territory with the Dow Jones industrial average and Standard & Poor’s 500 index both reaching new record highs. The Dow is up 2.2% for the year and ended the week at 16,947.08, … Continue reading

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DOW and S&P 500 End Week at Record Highs, NASDAQ Closes at 14-Year High

It was another good week for the stock market. The Dow Jones industrial average and Standard & Poor’s 500 index both ended Friday at record highs. It was the third consecutive day the S&P 500 index reached a new record, … Continue reading

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The Minimum Wage Millionaire Excerpt: The Game of Life

By Bill Edgar Editor’s Note: The The Minimum Wage Millionaire is a book aimed at teenagers and parents of teenagers who want to better understand how money works. The book puts forth practical approaches on ways for teens with part-time … Continue reading

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Money Topics They Don’t Teach in High School, but Should

One of the biggest disgraces of the school system is that it often fails to teach basics that we all need for everyday life once we graduate. A prime example of this is basic personal finance. If we could get … Continue reading

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Learnvest Features Review

LearnVest is a personal finance company that helps with financial planning, management, and investments. It has several different features that allow you to budget and manage your money and has become a very well-known and widely used website. Below is … Continue reading

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Fake Credit Union Ponzi Scheme Costs Consumers Millions

By William Charles On the¬†11th of April, 2014 the SEC charged¬†Timothy J. Coughlin, 63 for conducting internet fraud under the business names “Oxford International Credit Union” or “Oxford International Cooperative Union”. It’s alleged that defrauded investors of over 12.8 million … Continue reading

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Virtual Reality Can Help You Save Money

It’s funny how the human mind can conceive of just about everything except our older selves. We can easily imagine a pink dragon that farts rainbow bubbles, but if you ask us to imagine ourselves as old, we can’t do … Continue reading

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Warren Buffett and His Boring Investing Advice That Could Make You Rich

For those who are looking for investing advice, it pays to find someone who can be a financial mentor. That is, someone whose advice you trust, and who has a track record of doing well. When it comes to investing … Continue reading

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Close to 10 Million Millionaires in the US

If you ever wondered how many millionaires there are in the US, the answer is a record number as of 2013. There are just under 10 million (9.63 million) households in the US, not including their primary residence, who have … Continue reading

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Saving Money is Not a Sacrifice. It’s an Investment in Your Future

One of the issues many people have trouble overcoming when trying to get their finances in order is that it requires a commitment to a lifestyle change. If your finances aren’t in order, it’s because you have been doing things … Continue reading

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Risk, Like Beauty, Is In the Eye of the Beholder: How to assess your own risk level

By Tim McCarthy, Author of The Safe Investor: How to Make Your Money Grow in a Volatile Global Economy It always has amazed me how differently people think about what is risky vs. what is safe. Some international investors find … Continue reading

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Retirement: Fantasy versus Reality

By Pamela Yellen: Excerpt from The Bank On Yourself Revolution “Errors of human judgment can infect even the smartest people, thanks to overconfidence, lack of attention to details, and excessive trust in the judgments of others, stemming from a failure … Continue reading

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