Oct 04, 2009 -
You may not have thought about what $100,000 would have bought in 1998, being that many of us were at the prom and watching non-rerun episodes of 90210. But 10 years later, money is on all of our minds, and maybe we worry a little more than we'd like. Most of us have a much better understanding of the value of a dollar than we did back then and can now truly get a feel for some of the surprises in terms of what $100,000 would have bought in 1998.
- 0 Comments
Aug 21, 2009 -
It's been five years since Google went public in August 2004, and shareholders who purchased stock early should be more than pleased with their investments. Since the search engine's debut, Google has transformed into an Internet giant that's more than a noun.
Celebrate the company's success (where would you be without it?) by taking a guess at how much the stock has increased in value since it went public.
- 1 Comment
Jul 27, 2009 -
Some investment managers bid millions of dollars to have lunch with Warren Buffett, but kids will soon be able to benefit from his expertise for free through a new series of webisodes. The Secret Millionaire's Club is an animated series that features Buffett in cartoon form giving guidance on money matters to a group of kids. Don't expect lectures from the Oracle of Omaha; the interactive story lines are developed to keep kids' attention and inspire them to form healthy habits at a young age.
- 3 Comments
Jul 12, 2009 -
Advice from a great business mind like Warren Buffett does not come cheap, as demonstrated by the amount raised by his annual charity auctions that award the highest bidder lunch with the billionaire. The auctions benefit Glide, which provides social services to San Francisco’s homeless and poor. The 2009 auction winners are a group of Canadian investment managers — can you guess how much they paid for their future lunch with Buffett?
- 1 Comment
May 18, 2009 -
For all of the security it takes to protect the president and his family, the Obamas don't exactly get much privacy. A disclosure of President Obama's personal finances was released on Friday, making it clear he's a pretty conservative investor, his daughters' educations are a priority, and he's got enough cash for a rainy day. The numbers were provided with pretty big ranges, but here's a peek inside Obama's finances.
- 5 Comments
Feb 18, 2009 -
A toy-maker with a sense of humor is hoping to help investors channel their anger toward alleged $50 billion Ponzi schemer Bernard Madoff. The accused investment manager's action figure is wearing a red outfit and holding a pitchfork accessory — subtle, right? A hammer for smashing the "Made Off With My Money" Madoff replica is included in the package.
- 2 Comments
Nov 14, 2008 -
We've been watching the market's volatile ebbs and flows and let it affect our moods since summertime. Following the stock market isn't necessarily the most productive way to worry, but many people just can't keep themselves from finding out how far the Dow dropped for the day. Publicly traded companies make up the stock market — can you match the company to its stock ticker?
- 8 Comments
Oct 21, 2008 -
Introduced in 1993, the Chicago Board Options Exchange Volatility Index (VIX) measures market volatility and gauges investor fear, which explains its better known name — the fear index. Right now VIX is trading very high and indicates that investors are uncertain about how the market will perform over the next 30 days.
Current levels suggest that investors think the S&P 500 will fluctuate about 20 percent during the next month, something The New York Times calls "an almost unheard-of swing."
- 2 Comments
Oct 10, 2008 -
As much as we utilize logical ways to cope with the economy, our brains are wired to work a certain way. I'm no scientist, so I'll let MIT Professor Andrew W. Lo do the explaining.
- 2 Comments
Oct 02, 2008 -
While there's no doubt the heads on Capitol Hill are spinning with what's been happening in our economy, it's not exactly a picnic for those of us feeling like we have a million and one unanswered questions. Watching big banks collapse and listening to what the news tells us was a horrendous day for the market, followed by the worst day ever, doesn't do much for the people anxiously sitting on the sidelines. Here are three things you can do right now to get a grip on your finances.
- 4 Comments