General Finance News

Latest Financial News and Advices from all over the World.

Archive for February, 2010

Posted by Admin On Feb - 22 - 2010

There may be one positive thing that came out of the recent cyberattack on Google (GOOG). That good thing would be a very timely spotlight on the issue of computer network security. When we consider the almost instantaneous carnage that one talented hacker or code writer could inflict upon almost any data system, the prudent investor might do well to investigate the opportunities presented by such a scenario.

In the case of the Google attack, investigators now believe they have pinpointed the code writer who created the programing that was responsible for the intrusion. There is no word yet regarding who may have initiated the actual attack.

While waiting for more news about the Google data breach, investors might do well to make a niche in their portfolios for a data protection play or two.

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Posted by Admin On Feb - 21 - 2010

Summary: Ilyce Glink Show – February 21, 2010 – How to Invest Your Money in 2010 New Discount 40% full ticket price. Join us March 27, 2010 for our next ThinkGlink event: How to Invest Your Money in 2010, at the Gwinnett Center. Ticket details and discount information below. On today’s Ilyce Glink show, we discussed the Federal Reserve’s move to raise the interest rate by .25% for the amount that banks borrow and the new credit card rules that go into effect tomorrow. Should you refinance your mortgage? I listed the four questions you have to answer before you start a refinance. Jon and Kate (Plus 8) finally sold their starter house how much did they get? FREE BOOKS/EBOOK DEAL

Ilyce Glink Show – February 21, 2010 – How to Invest Your Money in 2010 New Discount

How to Invest Your Money in 2010 – New Discount 40% Off Full Price Ticket Price

Join us on March 27, 2010 for our latest event, How to Invest Your Money in 2010.

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Posted by Admin On Feb - 21 - 2010

This past Thursday the Federal Reserve board raised the discount rate one quarter percent to 0.75 percent. The discount rate is the rate banks pay for emergency loans. A higher discount rate doesn’t mean we will see higher CD rates, savings account rates and mortgage rates.

The change is part of the Fed’s action to normalize the Fed’s lending facilities. Now that the financial crisis is over and things are getting back to normal the Fed is pulling back the extraordinary liquidity it provided to get us through financial crisis.

The Fed also said the action won’t lead to tighter financial conditions for households and businesses and doesn’t signal any change in the outlook for the economy or monetary policy. The action won

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Posted by Admin On Feb - 18 - 2010

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You will find a lot of circumstances why all citizens ought to be protected by {medical health insurance~There are plenty of reasons that indicate the necessity of having private medical health insurance}. Are you browsing the web for medical insurance? Then, you are on the correct path to give your brood the medical insurance they are worthy of. You’ll discover many ways to assist you in saving money with a health plan that will give your family the health care it deserves.

A medical policy is coverage an individual should carry at all times. It is not a good decision to depend upon the fact that your children might be covered, yet you are neglecting to protect yourself and your partner. Y

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Posted by Admin On Feb - 18 - 2010

Summary: Ilyce Glink Show Notes: February 14, 2010 – Last Weekend for Investing Event Discount and Tax Show. Happy Valentines Day. This is our last weekend for the 50 percent discount on our How to Invest Your Money in 2010 event, at the Gwinnett Center, in Duluth, GA. The price for tickets goes up on Tuesday at midnight, so be sure to sign up now. Today, we’re talking about the economy, the stock market and the increasing number of delinquent mortgages. In the second hour of the show we will answer your tax questions. CPAs Sheldon Donner and Kathie Gottlieb will be by to answer your tax questions. Taylor Bean and Whitaker Mortgage company update. Visit Ilyce’s blog fore more show notes

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Posted by Admin On Feb - 15 - 2010

Two all-beef patties, special sauce, and fresh fruit? In an effort to keep up with those consumers looking for quick but healthy options, McDonald’s (MCD) is planning to offer “Real Fruit Smoothies,” coming to a Golden Arches near you this summer. The drinks will come in three sizes and two flavors – strawberry banana and wild berry.

And who better to help McDonald’s announce these new products than Olympic athletes (the pinnacle of health and well being)? The smoothies debuted at the chain’s three Olympic-village restaurants (where athletes can also carbo-load their favorite items from Micky D’s menus).

Familiar Olympic faces, including Shawn Johnson, Picabo Street, and Katarina Witt, also lent their collective aid to the burger baron’s PR campaign. Read more…

Posted by Admin On Feb - 15 - 2010

FirstFedDirect, the online banking division of OneWest Bank, is offering an online savings account with a current savings account rate of 1.04 percent. The savings account has an annual percentage yield (APY) of 1.05 percent.

The “Internet Advantage Savings Account” is available in all states except in California. There are no monthly savings account fees. There is no minimum balance to open the savings account.

Account balances are insured by the Federal Deposit Insurance Corporation (FDIC) for up to $250,000 per depositor per account. Interest on the savings account is compounded daily which gives the account a higher APY than accounts with interest compounded monthly or quarterly.

FirstFedDirect.com

Posted by Admin On Feb - 12 - 2010

Summary: Foreclosure Home For Sale May Require You To Contact The Lender
If you are planning on buying a home in foreclosure, you may need to work a bit harder than if you were buying any other home. While some real estate owned properties (REO) — those properties that have already been foreclosed and are owned by a bank — hit the real estate market with a real estate broker, some REO properties by be sold through companies that specialize in bank owned properties. Many of these homes, if not most, will be listed in a real estate multiple listing service. But before the property gets to the listing service, a savvy home buyer might be able to talk to the bank and buy the property before it’s listed.

Foreclosure Home For Sale May Require You To Contact The Lender

Q: A house I was recently looking at just got foreclosed on by the bank.

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