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Archive for January, 2008

Poll: Will an Economic Stimulus Package Help the Markets/Economy?

President Bush and Federal Reserve Chairman Ben Bernanke today endorsed the idea of an economic stimulus package to boost the flagging economy, as Bush began discussions with congressional leaders on the next steps.
Both parties support tax rebates for individuals, to get cash into consumers’ hands quickly. Democrats would also like to increase funding for […]

The 401k Debit Card: Probably One of the Worst Ideas Ever

I briefly recall hearing about something like this a couple years ago, but I didn’t pay much attention because I didn’t think it would ever come into fruition. Well, I guess I was wrong. The 401k debit card is real, and more companies are beginning to adopt it. As if it wasn’t bad enough that […]

Join Me on January 15th at 7 pm EST for a Live Finance Chat

On Tuesday the 15th, I’ll be hosting a personal finance chat with Lazy Man over at the 40s chat at Grab.com at 7 pm EST. It will be an open chat available to everyone, and we’ll try to answer as many questions as possible. While it is being hosted in the 40s chat room, […]

Fidelity Reopens Magellan Fund to New Investments

After closing ten years ago in 1997 to new investments, Fidelity reopens the Magellan fund on January 15th. If you did any investing in the 1980s or early 1990s, you are probably familiar with this fund. The Magellan fund put the now-famous Peter Lynch on the map as an investing superstar while he ran the […]