Oil - an American Addiction

No matter what the price of a barrel of oil is, the price of gasoline keep going,
up, up, up. Instead of you having money in the bank, Exxon Mobil is despositing
all the public's money to their bank accounts.

Interest rates predicted to come down.

Since economy is only growing slowly, feds will probably lower interest rates to
borrowers.

If you have taken much of your money and ivested it in a dow index fund, you would
have news to celebrate today. The DOW broke 13,000.

Money in the Bank

I've just read that Citibank online and ing online bank are two good on-line banks that pay good
interest on savings accounts, and are FDIC insured. It would be a good place to store your Money in the Bank for emergency funds.

How will Dow close today.

The Dow was over 12,000 in morning trading.

U..S. economy grows a little

The economy is slightly up, the price of oil is down, and if you are presently buying a home, the
interest rates dropped this week.
I have developed more empathy for the people in Iraq this week after tragedy in Va. Iraquis
experience mass suicide murders on a daily basis.

What happened at Virginia Tech

The news of the week is the talk of the town. No really, the nation. When kids should be enjoying
life , they have to take time off to grieve about their contemporaries in Virginia.

What happened at Virginia Tech

The news of the week is the talk of the town. No really, the nation. When kids should be enjoying
life , they have to take time off to grieve about their contemporaries in Virginia.

Banking is Profitable

Among the five most profitable businesses in the U.S. last year, two were
banks. Citi Bank and Bank of America. Walmart did most business and
Exxon Mobil was the most profitable company in the U.S.

Is your Home a Good Investment?

I just read in the Motley Fool News that a home is a bad investment. Robert Kioysaki who wrote Rich Dad, Poor Dad is of like opinion. They are not saying not to buy your own home,
just don't view it as some great investment. Whatever you do , do not buy one you can not
afford, or one that is price to high.
It's no disgrace to rent and with the extra money, you can put in Money Market Savings Account , or some other Money Making Funds .

What happened to trickle down economics?

Well the price of oil has gone back down. Yet you go to the gas station and the only place the
price seems to be headed is up, up , and away.

The Brits have Come Home

The British sailors and marines are back in England. This has helped the price of oil come down
in the world's market. Employment is at a 5 year low in the U.S. And Wall St. has a joyous
holy week, the bull is still around.

New Central Financial Corporation goes bankrupt

"Another One Bites the Dust" - New Central who specialize in sub-prime mortgage loans is
another sad story connected with the housing market.
Many a stockholder probably wished he had just kept his Money in the Bank.