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Basics of Frugal Living

In an economic downturn, most of us have to tighten our belts in order to pay the bills on time and make sure all the necessities of life are met. Living on the cheap does not necessarily mean that you have to do without, but …

Microsoft to buy back $40 Billion in stock

Trouble in the markets gave Microsoft an opening today to announce that it is deciding to take on debt for the first time, purchase up to $40 billion of stock in a buyback and raise it’s dividend all at the same time.
While the rest of …

SEC bans short selling on 799 Financial stocks

One day after the UK Financial Services Authority pulled a similar stunt, the SEC temporarily banned the short selling of almost 800 financial stocks. According to the ban, on October 3rd short selling can resume.
With the news on Friday, financial stocks rallied.
Here’s the list …

Cash is King.

The global central banks as well as the U.S Federal Reserve, attempted to pour hard cash into the markets today to ease the current credit crisis. While this had a short term rally on US Indexes(nearly everything ended up across the board today), consumers and …

Credit cards…we need some form of credit.

Every night I watch the news…and every night they say credit cards are bad. But, are credit cards bad?
Well, as long as you are being responsible with your spending and paying off the balance, not just the insane interest rates, credit cards offer several …