Is a ‘quickie’ refinancing deal worth it?

March 16, 2012

By John Wasik

(Reuters) – I got a letter from my bank the other day offering a streamlined refinancing deal for my current home mortgage. It was one of those “quickie” offers tailor-made for my loan situation and designed to net swift business for the bank.

Getting cash-cow corporations to share their wealth

March 12, 2012

CHICAGO (Reuters) – When a profitable company is sitting on tens of billions of dollars in idle cash, why can’t it automatically raise dividends to reward its shareholders? After all, with savings yields at dismal levels – and likely to remain so – those on fixed-incomes could use a boost.

Getting cash-cow corporations to share their wealth: Wasik

March 12, 2012

CHICAGO, March 12 (Reuters) – When a profitable
company is sitting on tens of billions of dollars in idle cash,
why can’t it automatically raise dividends to reward its
shareholders? After all, with savings yields at dismal levels -
and likely to remain so – those on fixed-incomes could use a
boost.

Riding up the yield curve in bonds

March 9, 2012

CHICAGO (Reuters) – Should you be “riding up” the bond yield curve to boost returns in your income portfolio?

What you should know about your adviser

March 5, 2012

By John Wasik

(Reuters) – In an ideally-transparent world, you’d know as much about your broker as you know about the ingredients in packaged junk food label: All of the bad stuff would be instantly on display.

What they should tell you about your broker

March 5, 2012

March 5 (Reuters) – In an ideally-transparent world,
you’d know as much about your broker as you know about the
ingredients in packaged junk food label: All of the bad stuff
would be instantly on display in some kind of nutritional label.

Ignore the market surge, be true to yourself

March 2, 2012

By John Wasik

(Reuters) – For many investors who have stayed away from the stock market for the past four years, this is a Hamlet moment. Returns look so tempting right now as stock indexes show their best performance since May 2008, with technology shares leading the way. To invest or not to invest?

Three ways to play a U.S. stock rally: Wasik

February 28, 2012

CHICAGO (Reuters) – Every time I hear the rumblings of a broad-based stock rally, a song from The Who echoes in my head: “Won’t Get Fooled Again.”

Savings made simple with seven easy tips

February 21, 2012

NEW YORK (Reuters) – My grandmother had a coffee can for spare silver coins. My Dad saved at his local post office in a savings account. Those were a sign of the times — the U.S. postal savings system was the first government-guaranteed savings vehicle, but it disappeared in 1967.

Four ways to prepare for mega financial woes

February 17, 2012

NEW YORK (Reuters) – Peter Orszag, former budget director for the Obama Administration and now vice chairman of global banking for Citigroup, sees a “trifecta” of mega financial woes coming toward the end of the year that are unlikely to be tackled by Congress before election day.