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With so many homeowners going through foreclosure, banks are looking for ways to ease the burden on themselves and the homeowner. CitiGroup has one idea which seems like it could catch on.

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Taleb: Buffett is Lucky

Nassim Nicholas Taleb, author of The Black Swan, says Buffett is more luck than skill. Is the brilliant theorist and statistician correct?

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In testimony to the House Financial Services Panel today, Fed Chairman Bernanke said that the Fed may elect to raise the Fed Discount Rate before long.

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The giant insurance and financial services company, Allianz, released a survey today which shows that consumers are savings more of their money, raising the savings rate. The report predicts the savings rate could go as high at... Read →

There are quite a few precious metals - gold, silver, platinum, palladium, ruthenium, rhodium, osmium and iridium – with the first four being the most known. Gold is the most traded, silver is the most used, however platinum offers quite a unique prospective on this sub-sector.

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The Labor Department reported today that the unemployment rate dropped to 9.7% today. At the same time, nonfarm payroll showed a decline of 20,000 jobs versus an anticipated gain of 25,000. What's going on? Which report is right? The... Read →
Let us all get one thing straight, this is an investment-led recovery. Asset prices have rallied strongly from their March 09 lows and corporations have done a phenomenal job of quickly cutting costs and returning to profitability. The... Read →
Nassim Nicholas Taleb, the author of Black Swan said today at a conference that "every single human" should bet that US Treasuries will decline. He believes it's a no-brainer based on the policies of the current... Read →

Is Now the Best Time to Refinance?

Mortgage rates are really low right now, but does that mean you should refinance your home?

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The new credit card regulations go into effect on February 22, 2010. What new guidelines should you expect?

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The new credit card regulations go into effect on February 22. Do you know what is included in the new guidelines?

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Ten simple but timeless rules for the conservative long-term investor.

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Cramer is bragging about how his fund returned more than 20% this year- Equally the S and P and way behing the NASDAQ- big whoop.

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A credit score is a prized number for some and a serious hindrance for others. Weather you are trying to get car insurance, a new – or first - credit card, a new job or a cell phone, this number will affect your acceptance and interest rate. Most people know the term credit score, but few know what it actually is.

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Most investors understand that trading stocks is a volatile and difficult game to play. Long-term investors, however, who stick to their strategy almost always come out on top. Here are four key tenets any serious value investor will know about.

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