Some 350 It’s Only Money readers weighed in last week on a poll about the Oregon College Savings Plan money-losing money market fund, and Oregon State Treasurer Ted Wheeler and TIAA-CREF acted on your advice.
Now it’s time for a quiz. What is Form 5498? You might be getting one in the mail soon. Why should you save it? It’s Only Money will explore its importance more in this weekend’s column. For now, weigh in:
Indiana is currently seeing a construction boom due to a constantly growing population. That has led Indianapolis city to expand greatly recently.
The current growth in population is a welcome sign, especially if you would have heard accounts of what took place during the 70s as people migrated away due to the recession. Right now, you can count 2 million and more people there.
There is a hassle free and less troublesome method of getting such landlords while in Indianapolis. You should seek the assistance of people who professionally locate these apartments. These guys anyway have a list of contacts of such accommodation for people who need an extra leaf.
As Indianapolis does everything to keep away the defaulters and tenants who have tainted history, there are a select few who offer that glimmer of hope to those who would really do with a second chance at it.
Anyway, it doesn’t mean that you are 100% doomed if you have traces of bad credit in your history. You can still get approved but the problem is that no apartment will put a vinyl sign out there saying “recommended for bad credit and defaulters”. In this alone, it is quite obvious that you are left to your own creativity as to where to get the landlords like this, through trial and error. These
– The major U.S. index futures are pointing to a sharply lower opening on Monday, as traders express renewed concerns about the financial situation in Europe. The downward momentum for the markets is partly due to news that Standard and Poor’s has downwardly revised its outlook for Italy’s credit ratings to negative from stable. S&P said that the move reflects its views of the heightened downside risks in the government’s debt reduction plan.
The announcement from S&P comes after Fitch Ratings lowered its credit ratings on Greece to B+ from BB+ on Friday. Fitch said the downgrade was partly due to concerns that Greece will need to undertake further austerity measures to reach the goal of reducing the 2011 budget deficit to 7.5 percent of GDP. With the actions raising concerns about the outlook for European debt, the major European markets have shown notable moves to the downside on the day.
U.S. stocks extended their declines in the week ended May 20th, with technology and retail stocks leading the retreat. The major averages have moved mostly lower over the past three weeks after rising to fresh multi-year highs in late April. The overbought levels led to some caution among traders, which was further exacerbated by the release of soft economic data, the winding down of the earnings reporting season, cautious guidance issued by retailers and European debt worries.
Last Monday, the markets experienced a tech-led treat amid the release of a regional manufacturing survey showing a marked slowdown in growth in the New York region and continuing euro zone worries.
The defensive healthcare sector along with biotechnology stock-related exchange traded funds led the second quarter. During the last month of the quarter, Japan-related ETFs saw a resurgence.
The surge in markets this week helped the Dow Jones Industrial Average finish the quarter up 0.8%, although it lost 1.2% for June. The S&P 500 lost 0.4% for the quarter and 1.8% for the month. While the Nasdaq dropped 0.3%. and 2.2% respectively. The weaker-than-expected data on the U.S. economy and the financial concerns over the Eurozone kept the markets volatile through the quarter.
The top performing unleveraged ETF for the quarter was iShares Dow Jones U.S. Pharmaceutical Index Fund , up 10.5%.
June’s ETF leaders were Korean and Japanese small-caps: IndexIQ South Korea Small Cap ETF , up 7.0%; WisdomTree Japan Small Cap Dividend , up 6.0% and SPDR Russell/Nomura Small Cap Japan ETF , up 6.0%.
. Or you can visit our at any time for current ETF performance.
I do my best to respond to all reader emails to the best of my ability. I’m not one of those bloggers that chargers per email and calls it “consulting.” When I don’t have the answer, I do my best to try to find it. Today I wanted see if you guys could help out a fellow reader.
I wanted to see what you guys had to say. A reader of Studenomics left this comment a few days ago, seeking out advice on career choices:
Let’s look at what we need to keep in mind here:
When you’re in debt, the obvious choice will always be to take the higher income so that you can start paying off your debt. Your financial situation will highly dictate your next career moves. A long-term apartment lease can keep you in town much longer than expected. Thousands of dollars in student/credit card debt can force you to work a job you don’t care for until you’re debt free. An emergency fund allows you to take some chances since you have money to fall back on.
Future goals are important when you’re deciding your next big moves in your 20s. If you want to save up for a home down-payment in the near future, you’re going to be in strict saving mode. If you have some time in between financial moves, you can explore less lucrative options and enjoy yourself in your 20s.
Which option will lead to guaranteed and quicker career growth? Sometimes the best