Experts: Steer clear of stocks if college, retirement are near

Archive for October, 2008

Experts: Steer clear of stocks if college, retirement are near

With the market continuing to tank, who should have the least invested in stocks or get out of the market entirely? Parents with a kid’s college fund and a child entering college in the next two years would make the list, according to financial experts. (4 hours ago)

Even Great Depression wasn’t end of stock gains

Let’s deal with your worst fantasies: The D? word. (1 hour ago)

Local News & Events

The Salinas Valley Chamber of Commerce, 119 E. Alisal St., Salinas, is offering a new book, “California Food Adventures,” by Richard S. Calhoun. (13 mins ago)

FTSE 250 movers: Enodis jumps after US clearance

LONDON – Enodis is a strong gainer after the US gave antitrust clearance in connection with lifting equipment supplier Manitowoc’s purchase of the UK catering equipment maker. (38 mins ago)

High street credit charges soar

LONDON – Worried lenders have hiked rates for hard-up consumers by as much as 9% in the past four weeks, threatening to speed up the exodus of shoppers from the high street. (23 mins ago)

Placing limits on CEO pay may be good idea

One of the stickier issues to come up in the wrangling over how to bail out the imploding financial system is the question of how much money top executives at investment banks and other publicly traded companies are paid. (29 mins ago)

What’s in the bailout for you?

The historic bailout bill urgently passed and signed into law Friday allows the Treasury almost complete discretion to purchase $700 billion of mortgage-backed securities and other troubled assets obstructing lending. (23 mins ago)

Tesco Personal Finance increases interest rate on savings account

Tesco Personal Finance has announced that it is increasing the interest rate on its Internet Saver account to 6.50%. (50 mins ago)

Having a road map can help you survive this bumpy ride

I n the 1950 movie “All About Eve,” actress Bette Davis slyly uttered a memorable line: “Fasten your seat belts. It’s going to be a bumpy night.” (2 hours ago)

Personal Finance: Getting Help From Friends

In trouble? Get a little help from your friends. (1 hour ago)