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Articles tagged with: student loan

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“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 …

Financial Crisis to the Average American: “How does it affect me?”

Anywhere you turn, you will see a story about banks and savings-and-loan giants failing. I do not know how many more banks have to fail until we see the chaos on Wall Street that the 1929 crash brought about, but people are panicking.
So, how does …

So you’ve graduated college, now what?

In tough economic times, more students are graduating with little or no career prospects. Many of these graduates who cannot find jobs are starting to feel the pressure. Just six months after graduating, all those loans they had to take out to pay for …

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 …

Citigroup and their $2.5 Billion loss

Citigroup posted a $2.5 Billion dollar loss for the second quarter. In my opinion, that?s not good at all. That would be called a disaster. However, this loss was less than expected, so it’s good? Yea, I’m confused. This was their 3rd loss in a …