- Tuesday, November 24, 2009
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Things are looking up for home values
The Case-Shiller Housing Index released today will tell us the direction of home prices at the end of September. Marketplace's John Dimsdale gives Steve Chiotakis a preview and shows us where there are positive signs for the housing market. More»
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NY official to ban sale of dropside cribs
A legislator in Long Island, New York is signing a bill banning the sale of cribs with drop-down sides in his county. Nancy Marshall Genzer reports. More»
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Providian: A creditor's perspective
Reporter Lowell Bergman talked to former Providian CEO Shailesh Mehta for a new "Frontline" documentary. More»
Defaulting? Throw a party
A jaw-dropping statistic out today: 1 in 4 homeowners now owes more on their mortgage than the house is worth. Being under water on a home must be some kind of awful. Or is it? We have a good case study to discuss.
Continue reading Defaulting? Throw a party
- Nov 24, 2009 10:47 AM PT — Scott Jagow
- 0 Comments
I know what you're getting for Xmas
Nope, sorry, it’s not a big screen TV. A new video iPod? Not this year. No fancy digital camera either. Come on, look at the economy. No, according to Goldman Sachs retail analysts, this is what you’re getting:
Continue reading I know what you're getting for Xmas
- Nov 24, 2009 9:19 AM PT — Scott Jagow
- 0 Comments
Morning Reading
Good morning. You can almost smell the turkey, can’t you? Just a couple more days. In the meantime, there’s work to be done:
Continue reading Morning Reading
- Nov 24, 2009 5:55 AM PT — Scott Jagow
- 2 Comments
Is college a waste of money?
A recent post about a 20-year-old woman who bought a home drew much attention here and around the web. I noticed in the comments that people were debating not only her decision to make such an investment but also her choice to skip college for the time being. Today, I read another article claiming that college may be a waste of money. So, let’s have at it.
Continue reading Is college a waste of money?
- Nov 23, 2009 1:09 PM PT — Scott Jagow
- 17 Comments
On stocks and bonds
Let’s take note of what’s happening in the stock and bond markets as the year comes to a close. This may also help answer another reader question. Nic asks: Is the stock market artificially inflated right now? By what? What does that mean for the future? How will that affect other parts of the system?
Continue reading On stocks and bonds
- Nov 23, 2009 10:36 AM PT — Scott Jagow
- 1 Comments
Morning Reading
Good morning. Hope you had a good weekend. Here are a few items to get the week started:
Continue reading Morning Reading
- Nov 23, 2009 5:54 AM PT — Scott Jagow
- 9 Comments
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Hostile takeovers
Watch the videoWe all know what a takeover is. That's when one company agrees to be bought by another. But what happens when companies don't agree and the takeover goes hostile? Senior Editor Paddy Hirsch explains. Watch the video.
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The Borrowers »
The rise of debt in America, and how living beyond our means helped bring down the economy. The role of credit in the financial crisis and where we go from here. Get more.
The Big Shift »
The recession has changed our financial lives. A look at wealth and prosperity in the middle class and how we live now. Get more.
Built on Belief »
One year after the fall of Lehman Brothers, Americans' have lost faith in the financial system and learned some hard lessons. Get more.
- Getting Personal »

Q: A HELOC?
I recently paid off my mortgage ($55,000) and consulted with my local bank about how to best invest discretionary funds now that mortgage is paid. Bank's financial advisor, no fee, advised me to take out a HELOC, home equity line of credit for the maximum... I am 67... Pamela, Providence, RI Read Chris Farrell's answer »
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