Wednesday's Personal Finance Stories
By MarketWatch
Don't miss these top stories: Get out your calculator, because there's going to be a test. How well constructed is your retirement plan? Even if it's not overflowing, your retirement fund can benefit from the seven equations that retirement advisers rely on to calculate how to save and spend in the golden years. Not great at math? Don't worry, Robert Powell explains the equations and what they are designed to do based on finance professor Moshe Milevsky's book, "The 7 Most Important Equations for Your Retirement."Also on MarketWatch, Mark Hulbert says that if you're trying to predict how the second half of the year will go based on the market's performance during the past six months, don't bet on it. Hope, he writes, is not a good strategy.— Anne Stanley , managing editor, Personal Finance7 equations to build a secure retirement
Here's a look at the equations that both students of retirement and would-be students need to know if they want to build a bulletproof retirement plan.
Read more: 7 equations to build a secure retirement. Credit loosens up for subprime consumers
Good news for those with less-than-stellar credit scores: Banks are finally opening the lending spigots to you too. But it will cost you in interest-rate charges.
Read more: Credit loosens for subprime consumers POLITICS AND ECONOMY
Pending home sales climb to two-year high in May
Contract signings on home sales surged in May to the highest level in two years, a trade group says, as the good news from the browbeaten sector continues to accumulate.
Read more: Pending home sales climb to two-year high in May. U.S. orders for durable goods climb in May
Orders for long-lasting U.S. goods bounce back in May after two straight declines, as demand for aircraft and heavy machinery such as farm tractors increased, the government reports.
Read more: U.S. orders for durable goods climb in May. Stockton, Calif., set to file Chapter 9: reports
The California city is expected as soon as Wednesday to request protection from creditors under Chapter 9 of federal bankruptcy law, after a failure to reach agreements with creditors.
Read more: Stockton, Calif., set to file Chapter 9. Beijing may boost financial ties with Hong Kong
Measures to boost freer movement of capital flows from mainland China into Hong Kong are among initiatives reportedly to be unveiled during this weekend's anniversary of the territory's reversion to Chinese sovereignty.
Read more: Beijing may boost financial ties with Hong Kong. INVESTING
Placing your bets for 2012's second half
Hoping for a better second half of 2012? That's certainly understandable, since the Dow Jones Industrial Average (DJIA) so far this year has been a below-average performer. But hope is not a strategy.
Read more: Placing your bets for 2012's second half. M&A market faces steep fall as Glenstrata teeters
The European mergers-and-acquisitions market could be set for a crashing fall if shareholders of the Anglo-Swiss miner Xstrata vote to block its tie-up with the commodities giant Glencore International.
Read more: M&A market faces steep fall as Glenstrata teeters. Business as usual in Macau: Goldman Sachs
Revised visa and credit-card-withdrawal policies are unlikely to take a significant toll on casino operators in the China territory, says Goldman Sachs, whose own channel checks blame typical backlogs for appearance of tighter visa control.
Read more: Business as usual in Macau: Goldman Sachs. Why Barclays coughed up so much for Lie-bor
Even by Wall Street standards, the decision by Barclays to pay nearly a half-billion dollars to make American and British regulators drop lawsuits was a steep one. But a reading of the evidence stacked against the firm, now cleverly dubbed "Lie-bor," explains why.
Read more: Why Barclays coughed up so much for Lie-bor. Protect your home value? Now he tells us
Scott Ryles is offering insurance to protect whatever value you may have left in your home, writes Al Lewis.
Read more: Protect your home value? Now he tells us. Google muscles into tablets
It was only two years ago that Apple Inc. (AAPL) introduced its iPad, but since then every hardware, software and nowhere company has tried to top it. Now it's Google Inc.'s (GOOG) turn.
Read more: Google muscles into tablets. 
MarketWatch has sent you this newsletter because you signed up to receive it.To ensure you receive this newsletter in the future, please add marketwatchmail.com to your list of approved senders.
Sent to: kumaresan.selva.blogger@gmail.com
Unsubscribe |
Subscribe Copyright 2012 MarketWatch, Inc. All rights reserved.
MarketWatch, the MarketWatch logo, and BigCharts are registered trademarks of MarketWatch, Inc.
By using this site, you agree to the
Terms of Service and
Privacy Policy (updated 6/26/07).
MarketWatch - Attn:
Customer Service, 201 California St., San Francisco, CA 94111
No comments:
Post a Comment