The big sell off this week was not pretty. As if the market can handle it, our friend “Timmy” needs to hype the announcement up and then say nothing about exactly how the bank rescue plan was going to work. As a result, the Dow plunged, ohh 500 points at least.
Oh well, next thing you know, you can start buying dart boards with his picture on it too!!
Investing Reading
- Got a FNBO Direct Online Savings Account Review going over at MoneyNing. The bank’s not a bad choice to be honest so go check it out.
- ABC explains dividends increases and cuts this week. Hopefully there won’t be many more cuts because that’s most of the reason why I own half of my stocks.
- Oblivious Investor talks about something that’s real – Behavioral Gap in Investing. Is it costing us returns and ultimately money? What do you think?
- Reader ask what best portfolio re-balancing strategy is. Larry answers on Moolanomy.
Carnivals
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Thanks for mentioning the carnival of Personal Finance.