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Capital One to buy out Chevy Chase Bank

Chevy Chase Bank, a Bethesda, MD based bank will be bought out by Capital One. Capital One will buy the bank for $520 million in cash and stock.
Capital One says it expects cumulative losses from the acquisition, but the purchase of the bank will give …

“Living within Your Means…” a broken record

I have read a lot of articles online saying that the number one way to keep your life “recession proof” is to live within your means. This means to live comfortably, as long as you can afford it with “cash-in-hand”. However, I find that this …

Cash or Charge?

I read an article over at Yahoo today that said more people are using old fashioned cash instead of credit cards for everyday purchases. In my opinion, maybe some people should carry cash to keep them from spending more than they wanted to, maxing out …

No bonus for Goldman Sachs CEO

Goldman Sachs CEO, Lloyd Blankfein, and six other executives will not be receiving stock or cash bonuses this year.
Surprisingly enough, the decision was made by the seven executives themselves because they feel like it was the right thing to do.
This is the most responsible …

Remember Investing Is About Profiting / Tip: Invest Not Restrict

People are always asking me which stock to buy, or which sector is hot right now for them to jump into. Questions like that usually make me laugh a little to myself, because even though investing is in part about what is “hot”(an investment must …