Just as you start getting comfortable with the stock market again as it climbs back up to 9000 points, it drops like a rock for a week. How bad a shape are the banks [1] in if even Bank [1] of America is in trouble? What about the banks we thought were good (like Wells Fargo, JPMorgan Chase etc)? Are any major financial institutions going to fail?
These questions probably couldn’t be answered by anyone right now (and don’t believe them if they say they know), so hang tight and read some interesting investment articles instead!
- While I couldn’t figure out how that picture relates to the article, ABC’s explanation of Stock Splits [2] is a good one!
- A review is up over at MoneyNing on ETrade’s high yield savings account [3]!
- Oblivious Investor chimes in on those evil fund of funds [4]. One advice – avoid them!
- Gen X Finance writes a great piece on how you can roll your funds over in your 401k [5] if you lose or quit your job!