Are You Betting on Teuflesberg?

Don't be foolish an bet all your Money Market Savings Account
on the Kentucky Derby tomorrow. Personally I'm pulling for Teuflesberg. I sure hope
the Queen sees this horse bought for a few thousand triumph over million dollar thoroughbreds.

General Motors Problems Increase

General Motors has less Money in the Bank

because of GMAC and sub prime rates.
Is the Wall Street Journal worth $5 Billion? Rupert Murdock thinks so. Some claim
he is trying to spar with CNBC and the Dow Jones Company would fit in nicely with
his goals for his business t.v. channel?

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.