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Posts Tagged ‘year’

December 21st, 2012

Difference Between Traditional IRA and Roth IRA

(George Sterling) - There is a lot of variety available when it comes to Individual Retirement Accounts. The most common types of individual retirement accounts include Traditional IRAs and Roth IRAs. Traditional IRAs In traditional IRAs, you can defer taxes till you start receiving disbursements from your retirement account. The Internal Revenue Service permits investors to invest up [...]

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December 7th, 2012

Lenders Feel Positive About United Kingdom’s Mortgage Market In 2013

(George Sterling) - According to a big group of prominent mortgage lenders, United Kingdom’s mortgage market will improve in 2013 after couple of difficult years. In the last week, a panel of large mortgage lenders joined at the Mortgage Business Expo and talked about the United Kingdom’s mortgage sector and its prospects. The common consensus that was concluded [...]

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December 4th, 2012

Few Tips On Surviving A Financial Crisis

(George Sterling) - Many of you may have already heard the warning spread out by financial experts about a financial crisis hitting us in 2013. These experts are not lying; they are infact trying to prepare you for the worst. Financial crisis cannot be avoided and we will all have to go through the outcome it will bring. [...]

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November 26th, 2012

Protecting your investments

(George Sterling) - According to a recent study, Forex transactions that were unregulated were estimated to be $3 trillion last year. The spot Forex market is full of unregulated transactions because it is done only over the counter. In such scenarios, there is no proof that you are dealing with the right broker and which is why this [...]

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November 7th, 2012

Re-Elected U.S President To Tackle Big Fiscal Cliff Issue

(George Sterling) - The United States Presidential elections concluded last night but the new and re-elected President of the country has to deal with a big challenge right away: the challenge of “fiscal cliff”, which is a combination of both, tax hikes and budget spending cuts to save $600 billion from the U.S economy. The ‘fiscal cliff’ issue [...]

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October 29th, 2012

World Stock Markets Decline As Investors’ Focus Changes

(George Sterling) - On Monday, world stock markets dropped, as investors’ changed their focus from strong economic growth in the United States economy during the 3rd quarter of the year to the depressed state of corporate earnings across the world. However, due to the Hurricane Sandy, analysts and experts expected stock markets to perform lower and overall activity [...]

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October 8th, 2012

World Bank Cuts Economic Forecast of East Asia: Stock React Negatively

(George Sterling) - On Monday, the World Bank cut its economic growth forecast for the East Asia region, due to which, stocks dropped. The World Bank pin pointed concerns regarding corporate profits along with the overall negative global economic outlook as the reasons of cutting the region’s growth forecast. On the other hand, World Bank also raised concerns [...]

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September 26th, 2012

Spain’s Prime Minister Faces Extreme Pressure At The Hands Of Locals

(George Sterling) - Spain’s Prime Minister Mariano Rajoy is facing extreme pressure at the hands of locals as he inches closer towards accepting a bailout package. Rajoy will be announcing even tougher economic reforms and a tighter budget for the next year on Thursday that will further drive the emotions of the locals. The locals are protesting against [...]

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September 24th, 2012

Free Checking Fee Hits Record High Value

(George Sterling) - Free checking now costs a lot more than ever before as banks raise the fee and minimum balance requirements significantly. According to data revealed by Bankrate.com on Monday, the minimum balance has been raised to $723 for this year. The fee increase by banks is a response to the new regulations and the ongoing economic [...]

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September 20th, 2012

Unemployment Claims Dropped To 382,000 Last Week

(George Sterling) - The number of U.S citizens seeking unemployment benefits dropped last week but only by a small margin, settling down to 382,000. The number hints hiring is still very weak. The four-week average level rose up for the fifth consecutive time, landing to 377,750, the highest it has ever reached in the last three months. The [...]

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