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Friday, July 13, 2012

Personal Finance Daily: Tool to help underwater homeowners

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MarketWatch
Personal Finance Daily
JULY 13, 2012

Friday's Personal Finance Stories

By MarketWatch

Personal Finance Daily
powered by ad choices


Don't miss these top stories:

It's tricky, if not impossible, to predict when housing prices will return to "normal." Maybe this is normal. But Lew Sichelman writes in our Realty Q&A column that there are calculators designed to help struggling homeowners figure out how far underwater they are on their mortgages and when they might resurface.

Also on MarketWatch, we have several great investment columns, plus a piece from Mark Hulbert on the outlook for gold. Some day, he writes, gold will wake up from its dreary listless state and take off. If contrarian analysis is right, that day will come sooner rather than later.

Anne Stanley , managing editor, Personal Finance

Tool helps underwater homeowners assess options

A new calculator tells upside-down owners how long it will take to reach a point where what they owe on their loans is once again less than what their homes are worth, Lew Sichelman writes.
Read more: Tools help underwater homeowners assess options


ECONOMY AND POLITICS

Consumer sentiment lowest since December

Consumer sentiment is the lowest since December, with job concerns hitting results, according to data released Friday by the University of Michigan and Thomson Reuters.
Read more: Consumer sentiment lowest since December.


U.S. wholesale prices climb 0.1% in June

U.S. wholesale prices rise slightly in June, up 0.1%, as higher costs of food, trucks and appliances offset decline in energy,
Read more: U.S. wholesale prices climb 0.1% in June.


China second-quarter growth cools to 7.6%

China's economy cools to its weakest rate of growth in more than three years in the second quarter, expanding 7.6% from a year earlier, in a result that matched expectations but underscores problems faced by its export-dependent growth model.
Read more: China second-quarter growth cools to 7.6%.


INVESTING

10 investment ideas get a midyear checkup

You can't know where you're going until you know where you've been. For stock- and bond-fund investors in this tumultuous year, such knowledge is especially crucial.
Read more: 10 investment ideas get a midyear checkup.


Final frontier: Trading from outer space

Men have long blasted themselves into space and pondered: How big is the universe? What's space sex like? Not Anton Kreil. He'll be thinking about his portfolio, Al Lewis reports.
Read more: Final frontier: Trading from outer space.


Enjoy the rallies while they last

May was a rotten month for stocks, June was one of the best in years, and so far July looks pretty lousy, writes Howard Gold.
Read more: Enjoy the rallies while they last


Massive credit risks building in emerging markets

Private-sector debt is growing in emerging markets, but much of the credit is going to consumption and politically connected investment, not to small enterprises that would create jobs, writes Thomas Kostigen.
Read more: Massive credit risks building in emerging markets.


Intelligent bet remains on gold

Some day, gold will wake up from its dreary, listless state and take off.
Read more: Intelligent bet remains on gold.


Tired of bad stock advice? Here's I Ching

Maybe it's time to turn to something more esoteric for investment advice, writes John Shinal.
Read more: Tired of bad stock advice? Here's I Ching.


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