As investments suffer, would paying off house be wise move? (Orlando Sentinel)



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As investments suffer, would paying off house be wise move? (Orlando Sentinel)

Question : Except for two mortgages, I have no debt. I have $400,000 in a 401(k), $100,000 in mutual funds, $50,000 in a money market account and $20,000 in a Real Estate Investment Trust. I have $300,000 in equity in house one and $80,000 in house two. Balance of $100,000 on house one and $170,000 on house two. I'm 57, and none of the money is performing. Would it be wise of me to pay off house ...

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Stock Market Survival Tips (CBS News)

Kelli Grant, Senior Consumer Reporter for SmartMoney.com, has some tips for surviving the stock market downturn.

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Customers can look online for better interest rates on their savings (San Jose Mercury News)

In some bazaars, vendors call out their prices, lowering them on the spot as they vie with one another for a shopper"s business. That"s the kind of competitive selling "” and possible good deals for shoppers "” that one new Web site hopes to bring to those looking to invest a nest egg in a certificate of deposit or other savings account at an attractive rate.

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Biggest market rise in 9 years (The Courier Mail)

THE Australian stock market has recorded its biggest one-day rise in almost nine years, buoyed by the Government's measures to guarantee bank deposits.

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India echoes G7 message of support for markets (Hindustan Times)

Australia injected a huge amount of cash into its markets on Monday while India's money market won slight respite from another cut in banks' reserve requirements as short-term lending remained stressed globally.

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Market crash - what it means for you (News Interactive)

IS my job safe? What about the cash in my bank account? NEWS.com.au answers your questions about the financial crisis.

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Money: 9 ways to tough out tough times (Money via Yahoo! Finance)

It's hard to find any good news about your money these days. The stock market is tumbling. Banks are failing. Home values are cratering. And you're watching your retirement disappear.

Read full post here. Copyright (c) 2004 Yahoo! Inc. All rights reserved.

The best ways to raise cash fast (MSN Money Canada)

If you need to get your hands on some money, be wise in how you do it. Here are the options that will cause you the least pain, plus a couple sources you should never tap.

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UK savers go cool about overseas high rates (Guardian Unlimited)

Lisa Bachelor reports on the reaction to last week's dramatic banking meltdown in Iceland

Read full post here. Copyright (c) 2004 Yahoo! Inc. All rights reserved.

Trends: Even manager is in a holding pattern (Milwaukee Journal Sentinel)

In the midst of a deep housing crisis, financial industry meltdown and global market turmoil, some investors have panicked and sold at fire sale prices.

Read full post here. Copyright (c) 2004 Yahoo! Inc. All rights reserved.




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