Analysis Topic: Personal Finance
The analysis published under this topic are as follows.
Friday, November 06, 2009
The Central Investment Problem of Our Time / Personal_Finance / Pensions & Retirement
By: DailyWealth
Chris Weber writes: A question I received recently goes to the heart of what a lot of people – especially older people – are going through:
Read full article... Read full article...My wife and I are in our mid 70s. We have about 60% of our funds in gold, silver bullion, some gold and silver stocks, and the balance in cash. We need current cash income from US$ with safe dividends – am I dreaming? Can you help?
Wednesday, November 04, 2009
Bailed Out Banks Continue to Cut Saving Account Interest Rates / Personal_Finance / Savings Accounts
By: MoneyFacts
Despite no change in bank base rate since the beginning of March, 10.1% of variable rate savings accounts have reduced.
By contrast, only 3.5% of accounts have seen rates increase as providers increasingly look to attract savers deposits
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Tuesday, October 27, 2009
Credit Card Companies Forced to Reform Bad Practice / Personal_Finance / Credit Cards & Scoring
By: MoneyFacts
Michelle Slade, spokesperson for Moneyfacts.co.uk comments: “For far too long the card companies have been able to get away with practices that are not in the best interests of the consumer.
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Monday, October 26, 2009
Banks Screaming to be Regulated as Credit Card Panic Beckons / Personal_Finance / Credit Crisis 2009
By: Mike_Shedlock
Emails are pouring in over Citigroup's "Hail Mary Pass": How To Know Citigroup Is In Serious Trouble.
Here is one from "HG" who writes
Thursday, October 22, 2009
HBOS Halifax Taking Extra From Customers With Fee Structure Changes / Personal_Finance / UK Banking
By: Nadeem_Walayat
The Halifax, one of Britains biggest tax payer bailed out banks that was forced to merge with Lloyds TSB to avoid bankruptcy has been busy sending customers correspondence warning of proposed changes in the way it charges fees effective from 6th December 2009.
Wednesday, October 21, 2009
Building Societies Hold on to Savings Interest Rates Consistency Crown / Personal_Finance / Savings Accounts
By: MoneyFacts
October 2009’s Moneyfacts Consistency Survey has once again seen building societies dominating the results. Today, building societies offer customers 77% of the most consistent savings accounts in the marketplace.
Tuesday, October 06, 2009
Barriers on the Road to Wealth Building / Personal_Finance / Money Saving
By: Nilus_Mattive
Have you ever been driving on the road when traffic suddenly comes to a halt? You sit there wondering what the heck is going on up ahead for ten or fifteen minutes. Then, suddenly, things start moving again and you realize that the hold-up was caused by merging traffic and a couple of yahoos who decided to wait until the last possible second to move over into the proper lane.
Tuesday, October 06, 2009
New Cash ISA Savings Accounts in Time for Over 50's Increased Allowance / Personal_Finance / ISA's
By: MoneyFacts
Four providers have launched brand new Cash ISAs for over 50s just in time for today’s ISA allowance increase.
Chelsea BS, Nationwide BS, SAGA and West Bromwich BS have all introduced new accounts with effect from 6 October.
Thursday, October 01, 2009
Dormant Credit Cards Warning, Immediate Action Required as Good Customers to be Penalised / Personal_Finance / Credit Cards & Scoring
By: Nadeem_Walayat
UK Credit card providers are implementing a whole host of charges and fees to penalise their 'good' customers for the losses suffered on their 'bad' customers that has resulted in bad debt writedown losses of £3.2 billion for the past 12 months.
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Wednesday, September 30, 2009
FSA to Get Tough Against Bankster Payment Protection Insurance PPI Scam / Personal_Finance / Debt & Loans
By: Nadeem_Walayat
The Financial Services Authority (FSA) has finally decided to get tough with the bankster's for scamming customers by means of Payment Protection Insurance charges that many customers are forced to take on when borrowing despite the fact that exclusion clauses in the agreement usually mean that the premiums paid were worthless when it comes to attempting to make claims, that and they way the products were mis-sold by adding the charges as though they were a requirement rather than an option thus confusing customers into literally paying double the interest rate on the loans if the PPI was included in the AER interest rate figures stated.
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Monday, September 28, 2009
How to Retire With No Savings / Personal_Finance / Pensions & Retirement
By: DailyWealth
Dr. Steve Sjuggerud writes: "Do you have any savings?" I asked my friend Tony this week.
"Not really, no," he answered.
Thursday, September 24, 2009
Breakup the Insolvent Giant Banks Using 100 Year Old Anti-Trust Laws / Personal_Finance / Credit Crisis 2009
By: Washingtons_Blog
I have previously pointed out that we can (and should) break up the giant, insolvent banks under a number of different laws.
Monday, September 21, 2009
Pension Funds Association Introduces Quality Mark, Stick With Cash ISA's / Personal_Finance / Pensions & Retirement
By: Nadeem_Walayat
In an attempt to enliven battered and bruised employee / investor interest in pension products after many have seen their pension pots dessimated by both the stocks bear market and companies going bust. The National Association of Pension Funds (NAPF) has introduced a new Quality Mark to highlight the supposedly better constructed and presumably 'safer' pension products offered by employers on behalf of its 1200 UK fund providers.
Saturday, September 19, 2009
Good News for Many Cash ISA Savers From 6th October / Personal_Finance / ISA's
By: Nadeem_Walayat
In last April's budget on the tenth anniversary of the introduction of Individual Savings Accounts (ISA's), Alistair Darling announced that ISA allowances will be raised from £7,200 to £10,200 from 6th of April 2010, with the new ISA allowance raised earlier for the over 50's from the 6th of October 2009.
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Thursday, September 17, 2009
Banks Target Savers With Fixed Rate Savings Bonds / Personal_Finance / Savings Accounts
By: MoneyFacts
Banks and building societies are continuing to target savers willing to lock their money away in a fixed rate bond, a move that appears to be paying off.
Sunday, September 13, 2009
Top 10 Tips for Utilizing Time More Efficiently / Personal_Finance / Money Saving
By: Submissions
Irani writes: Time is a priceless treasure. Treasure every moment you have and remember that time waits for no one. You cannot make six minutes out of five just because you managed your time effectively. Each day you are given the gift of a new day, 24 hours. Utilize it the best way possible and don't let it slip through your fingers. You cannot ever replace lost time. You can't buy time or save time; you can only spend time…once it's spent it's gone!
Wednesday, September 09, 2009
Beat the Recession, Feed Your Family for $10 Per Week Using Coupons / Personal_Finance / Money Saving
By: Mike_Shedlock
Grocery price wars are heating up. Jewel, Dominicks, Safeway, Sam's Club, Meijer, Walmart, Vons, and Ralphs are all in on the action. Please consider Dominick's slashing prices on thousands of items.
Thursday, September 03, 2009
How IRAs Can Tie Investors' Hands and What To Do About It / Personal_Finance / Pensions & Retirement
By: EWI
Susan C. Walker writes: Editor's Note: The following article discusses Robert Prechter's view of investment vehicles and government-regulated plans. For more analysis from Robert Prechter, download a free 10-page July issue of Prechter's Elliott Wave Theorist.
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Wednesday, September 02, 2009
Stay in Control of Your Credit Card and Reap Cash Back Benefits / Personal_Finance / Credit Cards & Scoring
By: MoneyFacts
Mentioning the word ‘cashback’ in the title of a financial product is a sure way to catch the eye of a potential customer. The prospect of receiving a payment from your lender or provider can be both refreshing and appealing to many customers, particularly those looking for credit cards.
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Friday, August 21, 2009
The Best Way to Beat Higher Taxes / Personal_Finance / Pensions & Retirement
By: DailyWealth
Dr. Steve Sjuggerud writes: A massive tax bomb will land on us soon...
You are foolish not to protect yourself from it. Today, I'll show you how to beat it.