Thursday, October 28, 2010

Yahoo Finance .VS. Google Finance

Which website would you consider reliable for research and financial use? 
I am hoping that yahoo finance is more reliable then Google finance. It has nothing to do with me being madly in love with yahoo, even though I am. Yahoo is truly the leading finance portals on the web. And it is the best finance website out there: with free offerings including current financial new, a market summary, current quotes for stocks, bonds,mutual funds, data charts, graphs, and much more. Their information to me is on point and their traders post information has great message boards useful to anyone trading. Yahoo Finance has a wealth of data and statistic on financial markets and is a valuable tool for investing. In my opinion nothing can compare to yahoo Finance. They have everything you need when you search up news, major stock holders and company profiles.

On the other hand i would never consider Google Finance reliable. Iam not just saying this because i hate google, even though that's true. I truly feel that Google finance really sucks, their homepage is boning and has nothing to capture consumers eyes. Google Finance offers nothing new to the website, it is the same display everytime. Statistics say that they found that most of the information from Google finance company tearsheet was pretty much the same as Yahoo's. How upsetting is that?. Why copy what another company is accomplishing?

Tuesday, October 5, 2010

So How Many People Are Going To Lose There Homes? This is what happens to people who trust the untrusted!!!

Did you heard the bad news Bank of America delays forclosures in 23 states because of documnet problems. They examine whether it rushed the foreclosure process for thousands of homeowners without reading the documents.The nation's largest bank to a growing list of mortgage companies whose employees signed documents in foreclosure cases without verifying the information in them. In your mind you would want to know why didn't they verify the information to see if the documents were false statements. Bank of America states that their not sure how many homeowners will be affected by the delay, but they hope to resubmit correct documents within several weeks. However, two other companies, Ally Financial Inc.'s GMAC Mortgage unit and JPMorgan Chase, have halted tens of thousands of foreclosure cases after similar problems became public.The document problems could cause thousands of homeowners to contest foreclosures that are in the works or have been completed. If the problems turn up at other lenders, a foreclosure crisis that's already likely to drag on for several more years could persist even longer. The worst part about this horriable situation is that most homeowners facing foreclosure are still likely to lose their homes. Who can you blam for this situataion? Bank of America or the Mortgage units.

Tuesday, September 28, 2010

All Hurt When Rich Spend Less

They say that when the rich cut back from spend money it hurts not only the economy, but the people who been serving from them for years. This article is by Anne D'Innocenzio and her interview with Dali Wiederhoft a 52 year old woman who has cut her spending on clothes to $500 per month from $3,000. While interviewed Anne asked why cut back when you have so much money to spend on lovely things you like to buy. Dali reason for cutting back on spending  was because she feel it's time to have cash, not to spend." So, I'm cutting where ever I can," she said. She even cancel the services of a cleaning woman and a lawn care company. Dali also plans to trade in her BMW for a Ford when her lease expires in about a month. Such reined in spending seems to b the end of a winning strike for luxury retailers that once appeared immune to the economic slowdown. Tiffany & CO. and Willams-Sononma Inc. both reduced their earnings outlook and may miss it's 2008 profit forecast.

Thursday, September 23, 2010

Autumn Equinox

   Autumn Equinox occurs twice a year, when the tilt of the earth axis is inclined neither away from nor towards the sun. The sun being vertically above a point on the equator. The term equinox can be said as equal days and equal nights. The Autumn equinox is a period of balance and transition of events that lead to loss and hardship for many. During the month of September is the worst time of month for the stock markets. They are afraid of the autumn equinox and it's power of reversal. During the autumn equinox many stock markets prices either go up or down. And they fear that during this event the stock market might crash and prices will get very low and they will loss money.  There are three things that happened to the stock market on that very day.

1) The stock markets became very vulnerable and they started to predict a major turning points in the financial and commodities markets.
2) The direction of stocks that day remained cautious for a crash.
3) Prices changes from and increase to an decrease.

Tuesday, September 14, 2010

New Apple iPod Touch

 The article is about the New iPod Touch and how its almost like the iPhone but without the carrier charges. On my first article from CNNMoney.com they have reviews of what people think about the new iPod touch and why they feel it's better then the iPhone or why people should buy the iPod. There were six reviews from people all over the world who brought the new iPod touch. They all had different interest in the iPod and they all used it for different reasons. Donald bell spoke on how the new iPod touch offers all the fun of the iPhone without a monthly bill. Joshua Topolsky spoke on the addition of HD video shooting. David Pogue spoke on the size of the new iPod touch and how you can use it as a letter opener. They all like the iPod for different reasons.

My personal response to the article is great. I feel that this is Apple's best creation, although it wouldn't make any sense for people who already have the iPhone to get the New iPod touch. It would be a waste of money only because both the iPod and the iPhone are every similar, but one it without the monthly bill. If  I had the money I would definitely buy the new iPod touch, so that me and my boyfriend can see each other without just talking threw the phone.