Archive for February, 2010

Can I afford a new Lexus? »

Question: I’m 29 years old, earn $75,000 a year and have $130,000 in my 401(k), $5,000 in a Roth IRA and $50,000 in a savings detail for emergencies. I save roughly 15% of my salary each year for retirement. I currently drive a seven-year-old Honda that’s fully paid off, but I’ve been thinking buying about […]

Duck! Watch out for falling home prices »

Despite signs that the real estate market might be lurching forward, prices are expected to fall further that year.
Original post by Technology news - Business 2.0 Magazine

Big banks try and form nice with you »

Don’t look now, but your big bank wants you back.
Original post by Technology news - Business 2.0 Magazine

Mortgage servicers offer aid plan for jobless »

The Mortgage Bankers organization proposed a forbearance program Wednesday aimed at helping the unemployed pay their mortgages for up to nine months.
Original post by Technology news - Business 2.0 Magazine

Still sponging off mom and dad »

Should adult children expect their parents to pay for dinners? Money’s ethicists weigh in.
Original post by Technology news - Business 2.0 Magazine

Public college tuitions spike 15%, even 30% »

Tuition at many public colleges and universities is skyrocketing, thanks to state budget deficits that have choked off funding for higher education.
Original post by Technology news - Business 2.0 Magazine

New home sales fall to a record low »

Sales of new homes plunged in January to the lowest level on record, government figures showed Wednesday.
Original post by Technology news - Business 2.0 Magazine

How well is the SEC protecting you? »

In January 2009, when Mary Schapiro took by the Securities and Exchange Commission, the agency was the butt of jokes. Though the SEC’s whole purpose is to police the securities industry, it had missed massive abuses such as Bernie Madoff’s decades-long Ponzi scheme and Allen Stanford’s alleged $8 billion scam.
Original post by Technology news - […]

Make the best of a poor 401(k) »

You’re probably feeling a lot better about your 401(k) these days, and not without reason. The average balance for experienced workers, after declining 19% in 2008, bounced back 29% last year, including new contributions.
Original post by Technology news - Business 2.0 Magazine

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