The Cash Advantage (Even When Rates Are Low)

Posted on March 30, 2008 by MoneyBob

By J. ALEX TARQUINIO
Published: March 16, 2008

ALTHOUGH short-term interest rates have been dropping, many advisers still recommend that investors hold plenty of cash — and that they keep it in safe and simple accounts. “The biggest mistake people make is reaching for yield and putting their capital at risk,” said David Darst, the chief [...]

Filed under: Credit Crunch, Economy, Inflation, Interest Rates | Tagged: , , , , , , , , , , , | 2 Comments »

CNNMoney.com – Interest Rates Tumble

Posted on March 24, 2008 by MoneyBob

CNNMoney.com
The bond yield tumble, and the economy
Monday March 24, 7:15 am ET
By Paul R. La Monica, CNNMoney.com editor at large
Bond yields have plunged in the past few weeks. And even if you are not an active investor, you should care about what’s been going on in the bond markets lately. Here’s why.
The yield on the [...]

Filed under: Credit Crunch, Economy, Inflation, Interest Rates, The Fed | Tagged: , , , , , , , , , , , , , , | 2 Comments »

Economic Update – March 9,2008

Posted on March 9, 2008 by MoneyBob

Housing Foreclosures hit an all time high of 0.83% of all mortgages nationwide.

Over 5.8% of homeowners were behind in their mortgage payments, the largest number in more than two decades.

House prices lost a staggering 8.9% in 2007 – and they’re still dropping.

The supply of unsold houses rose to 4 million, or to over a [...]

Filed under: Alan Abelson, Aluminium, Credit Crunch, Economy, Foreclosure, Income, Real Estate, economics | Tagged: , , , , , , , , , , , , , , | 4 Comments »