By CHARLES BAKER
Senior VP, Portfolio Manager, Bank of the West
For the past few years, the stock market has moved up fairly steadily with no major “corrections.” But thus far in 2015, we’ve already seen periods of volatility — enough, in fact, to make some investors jittery.
Nervous investors may be more prone to make decisions based on short-term market movements — so how can you stay calm?
First of all, when evaluating your investment decisions, stay focused on those factors that have historically driven stock prices. The US economy is growing at a reasonably good pace, and corporate earnings remain fairly strong. Plus, stocks may not be as undervalued...
AUSTIN, Texas, Aug. 26, 2015 /PRNewswire/ –Interest rates on new credit card offers remained unchanged again this week, according to the CreditCards.com Weekly Credit Card Rate Report.
The average is comprised of 100 of the most popular credit cards in the country, including cards from dozens of leading US issuers and representing every card category. Introductory (teaser) rates are not included in the calculation.
Rates for card categories tracked by CreditCards.com are listed below:
Credit Card Rate Averages
As college students descend on local campuses for the beginning of the semester, many will be bombarded with credit card offers from banks and financial institutions. What cards to look for and how to manage spending will be critical to a healthy financial future.
Building good credit is important and has a longstanding impact on peoples ability to apply for loans, or buy a home or car later in life.
Financial advisers at the University of Nebraska at Omaha said students should consider the following things before getting a credit card:
1) Your spending habits: how often will you use the credit card, and if you will you be able to pay it off at the end of every month....
“It appears that new Quickbooks Online customers are not generating as much revenue as previous desktop customers and so the transition online is not going as smoothly as the company was hoping for,” said Gil Luria, an analyst at Wedbush Securities Inc. “The divestitures are typical of Intuit constantly re-evaluating their portfolio and getting rid of non-core businesses.”
The company’s shares declined 2.9 percent in extended trading in New York after earlier dropping 3.1 percent to $102.93 at the close.
Intuit is trying to bolster growth by focusing on its main businesses after weathering a difficult tax season for its popular software. This year,...
Illumina CFO Marc Stapley: Learn the Business Inside and Out
For Marc Stapley, chief financial officer of Illumina–a global life science company that develops, manufactures and markets life science tools and systems for analysis of genetic variation and function–four lessons have helped prepare him for his role: Don’t waste the moments that matter, make tough decisions, learn your business inside and out, and never compromise on hiring talented people. Mr. Stapley promotes the virtue of being low maintenance and describes one of the CFO’s roles as making life easier for the CEO, the board of directors, fellow executives and employees. Speaking at Deloitte’s...
Scion vehicles find popularity among young drivers with affordability, unique style, standard technology and upgradeable accessories. The Scion iM Hatchback provides an estimated 37 mpg on the highway and comes standard with a seven-inch touchscreen display and a six-speaker high-definition radio system.
As an alternate to a new vehicle, many parents and teens opt for a used car. Toyota of Decatur highlighted the benefits of buying used as well as tips and hints to find reliable, safe used cars.
Serra Toyota of Decatur is located at 309 Beltline Pl in Decatur, Alabama. A complete vehicle inventory, blog, research, finance tools and more can be found on the dealers website...
By Juliet Akello
Dependence on borrowing at times makes some lenders count their losses as chances of regaining their share become slimmer.
Soaring debt levels can ruin a family, a business, or a nation. However, debt is expected to safely finance private or government investment in productive capital to support economic growth.
In Uganda, external debt has increased from $1.47b in 2006/07 to $4.3b in 2013/14. A report on public debt by finance ministry indicates that total public debt stock rose from $7b in March 2014 to $7.28b in February 2015 (external debt contributed 57% while 43% is domestic debt) excluding loans approved by Parliament in 2013/14 amounting to $2.74b....
Personal finance tools are becoming more common, and a hell of a lot more convenient. Instead of having to check numerous accounts one by one — be they retirement, bank, investment, credit cards, student loans, etc. — tools like Mint.com allow you to compile all of your data in one, easy-to-use interface. There are several on the market, many free to use, and they can make payments, budgeting, and goal-setting a million times easier.
But there are some concerns floating around, particularly from banks, that these tools open up customers to security vulnerabilities, and may allow hackers or identity thieves to access account data. For example, Chase has a page that warns...
Until the trading range can break decisively, we recommend continuing to buy relative winners, and sell relative losers, the note said.
Must Read: 26 Samp;P 500 Stocks to Buy Before September, From MKM Partners
Not surprisingly, the MKM Partners sell list is dominated by oil and oil services companies. From a technical standpoint, the stocks all have charts that are generally below all of their rising moving averages, and have poor relative strength vs. the Samp;P 500. The presumption is they continue to underperform in the intermediate-term, Krinsky wrote.
Heres the list. And when youre done be sure to check out the 26 stocks to buy, according...
New Virgin Money credit card offers longest interest-free period ever
If you have existing credit card debt, dont ignore the new Virgin Money credit card which offers a record-breaking 0% period on balance transfers.