Wednesday, November 3, 2010

11/3 Yahoo! News: Personal Finance News

     
    Yahoo! News: Personal Finance News    
   
How to Save One-Third of Your Income (U.S. News & World Report)
November 2, 2010 at 3:48 PM
 
U.S. News & World Report - One of the main arguments in my book, Generation Earn, is that we need to drastically increase the amount of money we're saving. On average, we should save about one-third of our income in our twenties, thirties, and forties for retirement, emergency funds, and big goals such as purchasing a home. I've gotten a lot of questions about that--how is it even possible? What did you give up to do that? Are you doing that right now? I wanted to share some of the ways I saved that much and explain why I think it's necessary.
   
   
Fannie, Freddie seize documents from Fla. law firm (AP)
November 2, 2010 at 2:08 PM
 
AP - Mortgage buyers Fannie Mae and Freddie Mac are revoking thousands of foreclosure cases from a Florida law firm under investigation for falsifying documents used to complete foreclosures.
   
   
Are You Overexposed to Stocks? (The Motley Fool)
November 2, 2010 at 12:32 PM
 
The Motley Fool - Say the value of your portfolio dropped 10% today, how would that affect your plans? Would you have to postpone retirement? Would you have to downsize your lifestyle? What about 20% or 30% or 50%?
   
   
When "Success" Is Actually Failure (The Motley Fool)
November 2, 2010 at 11:57 AM
 
The Motley Fool - You might think that we could all agree on the definition of financial success. But some people choose the wrong metrics to mark their progress toward a healthy fiscal future -- and in so doing, put their retirements at risk.
   
   
The Only Way to Beat Inflation (The Motley Fool)
November 2, 2010 at 10:27 AM
 
The Motley Fool - Investors have always looked to protect themselves from the impact of higher prices. When inflation-indexed bonds first came out more than 10 years ago, they filled a huge void for those investors. Yet although their returns are still based on price changes, these investments haven't fulfilled their promise of being a viable way for long-term investors to preserve and build their wealth.
   
   
SEC eyeing JPMorgan, hedge fund roles (AP)
November 1, 2010 at 7:23 PM
 
AP - Wall Street bank JPMorgan Chase & Co. confirmed Monday that federal regulators are investigating whether it allowed a hedge fund to improperly choose assets for a $1.1 billion mortgage securities deal.
   
     
 
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