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Author Archives: Joel Wenger
More Banking Fees
Apparently, Citigroup wasn’t satisfied with its first round of fees. In addition to the $10 checking account fees I covered last month (here), Citi customers will be charged $20 a month for monthly balances less than $15,000 in “combined” accounts. … Continue reading
Proof you don’t need an MBA
Per the first sentence on the Invest-Safely homepage: Learning the real secret to safe investing does not require a degree in finance or an MBA. Want proof you don’t need an MBA to invest, check out Dilbert: Hat Tip: BR … Continue reading
Bank of America Customers – Time to Move Your Money!
Have a checking account with Bank of America (or any account for that matter)? Then it is time to move your money. I touched on this topic a few weeks ago (here), but it is worth repeating: banks are charging … Continue reading
US Market Futures in the Tank
Look out below! Major US Indexes down over 2% ahead of the opening bell.
Posted in Current Events
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Banks Charge for Deposits – Part 2
Back in August, we discussed the fact that some banks were beginning to charge fees on your hard earned cash. Now, Citigroup is getting in on the act, and it isn’t just for the big boys. It seems that the … Continue reading
Posted in Current Events, Money Management, Personal Finance
Tagged bailout, bank account, banks, fees, investing process, personal budgeting
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September Investing Commentary via Investing for Cashflow Blog
As if this ride hasn’t been wild enough already…could be an even wilder week. Two large coupon payments are due on some Greek bonds (2037 @ 4.5% and the 4.6% of 2040 @ 4.6%) for a total payment of 769 … Continue reading
Bad News for Beta – Stock Correlations Soar
From the desk of Tyler Durden over at Zero Hedge: …look at the correlations between the 10 industry sectors of the S&P 500. At 97.2% average correlation, U.S. stocks are moving in lock step to a degree we haven’t seen … Continue reading
