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Wednesday, October 26, 2011

Personal Finance Daily: To help unemployed friends or family, get specific

MarketWatch
Personal Finance Daily
OCTOBER 26, 2011

To help unemployed friends or family, get specific

By MarketWatch



Don't miss these top stories:

If you have a friend or relative who's been hit by unemployment, it can be tough to know how to help. One thing jobless people don't need: vague offers of aid. If you are able to loan or give money, or help in other ways, be specific about how — and how much.

So say the experts quoted in Ruth Mantell's On the Job column today. Read her story, plus find out how Governor Rick Perry's flat-tax plan would affect you compared with Herman Cain's 9-9-9 plan.

Also, don't miss Robert Powell's Your Portfolio for a look at impending risks to your portfolio, and how to protect against them.

Andrea Coombes , Personal Finance editor

How to help a jobless friend or family member

With widespread and long-term unemployment, and underemployment, many people would like to help their struggling family and friends. Heed these tips to do the most good.
Read more: How to help a jobless friend or family member.


Perry flat tax vs. Cain 9-9-9: How they'd hit you

When it comes time to pay your tax bill, whose tax plan will cost you less, Herman Cain's or Rick Perry's? For most taxpayers, the answer is likely the plan offered up by Texas Governor Rick Perry on Tuesday.
Read more: Perry flat tax vs. Cain 9-9-9: How they'd hit you.


INVESTING

More risks ahead, so safeguard your portfolio now

There may not be enough worry dolls in the world right now. The European debt crisis isn't going away anytime soon and the U.S. economy is stuck in slow-growth mode. And there's more trouble brewing ahead. Robert Powell offers some ideas on how to protect your investments.
Read more: More risks ahead, so safeguard your portfolio now.


5 money moves one Buffett disciple is making now

Mutual-fund manager Whitney Tilson is convinced that some overlooked stocks in the U.S. market's most out-of-favor sectors are about to see daylight.
Read more: 5 money moves one Buffett disciple is making now.


Strange allies Huntsman, Vatican join bank critics

The backlash against Wall Street continues to grow without respect to political or religious boundaries, making strange bedfellows out of Vatican prelates, Mormon presidential candidates and hard-bitten central bankers.
Read more: Strange allies Huntsman, Vatican join bank critics.


ECONOMY & POLITICS

Supercommittee wrestles with budget cuts

Lawmakers on the congressional supercommittee charged with finding savings from the federal budget wrestle with cuts to defense, foreign aid and other programs, but show few major signs of agreement.
Read more: Supercommittee wrestles with budget cuts.


New U.S. home sales rise as prices tumble

Sales of new single-family U.S. homes rose in September as prices fell to the lowest level in nearly a year, but the housing market remains mired in a deep slump.
Read more: New U.S. homes sales rise as prices tumble.


2 non-negotiable demands of the 99%

The 99% movement is right. There are two big things we must absolutely do to create an economy that works for all of us: Eliminate too-big-to-fail banking and get money out of politics.
Read more: 2 non-negotiable demands of the 99%.


Wall Street neighbors should get used to noise

Despite the noise and sanitary problems, one neighbor says he understands why protesters are occupying Zuccotti Park near Wall Street.
Read more: Wall Street neighbors should get used to noise.


Durable-goods orders drop in September

Orders for long-lasting U.S. goods fall for the third month in four, mainly because of less demand for autos and commercial aircraft, government data show.
Read more: Durable-goods orders drop in September.


Greek debt standoff saps EU summit hopes

A fight over the size of the losses banks should take on Greek government debt cast further doubts on the ability of European leaders to meaningfully address the euro-zone debt crisis as they gather in Brussels for their second summit meeting in four days.
Read more: Greek debt standoff saps EU summit hopes.


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