January is so special for so many good reasons. Apart from the obvious psychological high that anything fresh gives, January is the time when the financial and economic sectors experience changes. One of these is the rise in the prices of securities. In fact, in December, every year, people rush to buy securities in anticipation of price hikes in January and then sell them in January at a profit. If you are not already doing this, try this from this year. You can make a few extra bucks. That way you start your year well and like so many others you might be happy with the psychological boost that a well started year gives! January is the time when investors focus more on stock markets with a hope that the year ahead is going to be a great one for the stock markets, especially when the market  [...] 

A few years ago, a new job or a good academic opportunity would prompt people to leave the comforts of their home and wander over to other lands, but now, the recession seems to be forcing people to relocate to places with a lower cost of living. A lot of people who are finding it difficult to make their ends meet in their places of residence are moving over to other cities and towns where the cost of living is lower. Mint has come up with an infographic that shows the places from which the maximum exodus is taking place along with the social section that is out moving out the most. People are mostly relocating to Texas where the cost of living appears to be lower than in other cities. The lower stratum of the socio-economic class is badly hit by the recession and they are the ones moving out.  [...] 

Studying or working in America was the dream of one and all till last year. Thousands of people from all over the world have to get a footing on the land of opportunities in different ways for different academic and professional purposes. But now, with poverty and disease hitting the nation in the last couple of years, America no longer remains the lucrative land of prosperity any more. Even though, the nation seems to be recovering from the recession, people are looking elsewhere to fulfill their dreams. Now, business investors seem to have tilted their opportunistic vision towards Asian countries, but another land that seems to be fast emerging as a land of hope for many aspirants of economic prosperity, is Brazil. With Brazil, being known once for crime and corruption, you might be surprised  [...] 

Lately, I have been studying a lot about the working and effects of inflation because I wanted to write a short, precise article about it. People are as confused as me, and the government makes it more difficult to understand the term ‘inflation’ by introducing new statistics every week. Let us understand how and why inflation results in price rise and not vice versa. However, to understand this concept, it’s significant to comprehend relation between: A product and its value Supply and demand Dollars and prices As soon as you learn these relationships, understanding the impact of inflation on prices will be simpler. Real Value of a Product or Service Generally, the value of any product or service is ignored, while calculating the inflation rate considering the price. However, it’s  [...] 

I don’t know what would be the consequences of the measures taken by President Obama to stimulate the economy and I really don’t disagree with it. However, certainly there are things that he is missing out that could prove beneficial for the US economy in the long run. Before moving on to my proposition, let’s understand what has led us in this economic crises and what are the existing measures introduced by the government to improvise the conditions. To boost the economy, the end user was compelled to borrow more than required. I am not talking about anything in particular like mortgage or a credit card. It was for almost everything. And as expected, they defaulted which led is in this credit crunch.   [...] 

Ok. Before I initiate with my anthology of arguments, let me ask you a question. Do you think the economy is really improving? If yes, by what percentage? I know 90 out of 100 will say “I don’t know the precise figures but yes, it’s definitely improving.” Now this was just a pseudo question. The real issue I want to discuss is: Why do you think the economy is improving? So, if you are among those 90, my debate is with you. You know about the improvement in our economy and rising GDP probably because you read it in the newspapers, on the internet, or news channels. Of course, I cannot expect you to keep a watch on the inflow and outflow of national funds or be present in the White House. But I can definitely expect you to be more alert, and cleverer. Last week, a report by Commerce Department  [...] 

The Obama Administration is coming up with a lot of financial reforms which are intended to protect the customer to save the country from repeating the blunders that they’ve done in the past which has led to the recession. This reform is calling for more accountability in financial behavior from the business people, the government and the consumer, so that fairness is meted out to all the three parties involved. Specifically, the consumers are protected well under this law. One of the foremost benefits that you can expect from this CFPA is that banking or credit card lending agencies cannot ask you for unfair payments. Unfair credit card terms and charges call for penalty under this law. Next time when you go to make an investment, make sure that you are disclosed all risks by the company  [...] 

Ever since I heard about this new health care bill, I had a feeling that it’s far from being complete. It does not cater well to the requirements all citizens of the country, especially the elderly and it has resulted in high prescription drugs cost, denial of treatment and premature discharges from hospitals. The media is full of horror stories about the negative impact that the health care bill had on the public. Denying an Important Blood Test For A Meager $ 7 Debt Larry Smith who suffered an intense heart attack was denied an essential blood test by Labcorp because he owed a $ 7 debt to the lab. How could the health care professionals be so inhuman? You can see the medical statement that Larry got from the laboratory here at Michael Moore’s resources.   [...] 

It doesn’t come as a surprise to me that a financial software development company should want to own one of the biggest financial website and blogging networks of the world. Intuit, the software developing firm wants to buy Mint the biggest personal finance website and blogging network for about $ 170 million. I ask why not? The benefits are obviously numerous. Till now software developing companies have developed software based on their personal idea of how people budget and spend their finances. But by linking with a blogging network and financial website they’ll get to interact with thousands of users worldwide and get to hear their financial stories and that too in record time. With this they can get to know what people feel about their products and their competitors’ products as  [...] 

Today is the 14th of September 2009. How old are you on this day? Are you 10, 16, 25, 29? Well, I’m no numerologist to predict your future by knowing your birth dates, but I would like to tell you how this recession has affected people of different age groups. Of course on the whole, it was a time of general dearth of wealth, joblessness, despair and fatigue for everybody. However the effects for different age groups were different. So let’s see how our contemporaries and those who were older or younger to us were affected by this financial calamity. Here I’ll be focusing on people on the right side of thirty years. Children If you were a toddler you wouldn’t obviously know anything about the recession, because mom and dad have done all the background work of funding your food and other  [...]