Oil Prices Dip, Gasoline May Follow

By Mark Andrews

Crude oil prices fell almost $2 a barrel Wednesday (11/17), dipping below $80.50, which was down more than $4 from recent highs. So, what does this mean for the price of fuel we buy at retail? More…

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Stock Market Wows Us! Still Room to Run?

By Mark Andrews

The bears took a beating last Thursday (11/4) in covering their short sales to help propel the three major stock indices to two-year highs. Also adding fuel to the bullish fires was President Obama’s suggestion that he’ll consider extending all of the Bush tax cuts, including those for the wealthiest Americans, which he had balked on before. As Larry Kudlow pointed out on CNBC Thursday evening, this removes what would have been great incentive for investors to sell equities by the end of this year to avoid a feared tax hit. More…

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Will an Electric Car Earn Your ‘Green’?

By Mark Andrews

The auto industry is set to embark on a multibillion-dollar gamble that battery-powered cars will become big sellers. More than 20 electric models are set to debut over the next three years, led by the Nissan Leaf and Chevrolet Volt due out by December. The Obama administration is offering more than $5 billion in tax credits to buyers and subsidized loans and grants to auto makers and others to support the effort, the Wall Street Journal reported over the weekend (Oct. 17), with the goal of getting 1 million plug-in hybrids or all-electric cars on U.S. roads within five years. More…

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Smart Phones Get Smarter — And You’re the Winner!

By Mark Andrews

Many users of the newest iPhone and other “smart phones” have barely scratched the surface of what these incredible devices can do. Text a friend? Browse the Web? C’mon, that is so 2008! Still, 70 million Americans are accessing the Web via mobile smart phones daily. Morgan Stanley predicts that within five years, more people will be doing this with a mobile device than a desktop or laptop PC. But that’s not the biggest news. More…

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Retirement Savings–Are You in the $6.6 Trillion Hole?

By WEALTH Magazine Editors

Americans are a staggering $6.6 trillion shy of the savings they need for retirement. That’s the figure arrived at by Boston College’s Center for Retirement Research in a report published Monday, Sept. 20, 2010.

To get there, the researchers made an interesting and highly optimistic set of assumptions: All retirees will take out a reverse mortgage. And they’ll put More…

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Social Media — Can It Be All That Hard?

By Mark Andrews

In case you missed it, the “Dilbert” comic in Tuesday’s (9/14) newspapers had a snarky take on the subject of business’s use of social media. Here’s the text:

“As the marketing manager for social media, my job is to use these two words a lot.” (pointing to a screen with the words “Facebook” and “Twitter”)

“Marketing through social media is like herding cats, and just to make it interesting, many of the cats are drunk and stupid.” More…

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Invest in Canada — The World’s Safest Economy

By WEALTH Magazine Staff

Just because you have to endure recessionary conditions doesn’t mean your money has to. Ironically, your money doesn’t have to travel all that far: What’s arguably the world’s “safest economy” is actually located just north of the U.S. border. With that hint, you know we’re talking about investing in Canada. That’s the contention of Martin Hutchinson, a contributing editor to the investment e-newsletter Money Morning.

Canada really has a lot in common with its neighbor just to the south—except for two major differences: 1) Canada’s economy is backed by a rich cache of oil, gold and other in-demand natural resources; and More…

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Enjoy That Run in Brazilian Stocks? It’s Over

By WEALTH Magazine Staff

Batten down the hatches, ye hearty investors. Brazil, darling of the world financial press and the poster child for emerging-markets investing, is heading directly into the eye of a storm.

Until now, Brazil has provided investors with a thoroughly rewarding run. But with this BRIC country — the acronym refers to the emerging economies of Brazil, Russia, India and China — now clearly running into trouble, it’s time to trim any holdings you may have, says Martin Hutchinson of the investment e-newsletter Money Morning. More…

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Market Swoon? What Swoon?

By Mark Andrews

Your humble blogger now sits chastised and even more humbled. My post on Tuesday, Aug. 31, noted that the S&P 500 stock index had tumbled about 7 percent over the previous three weeks. I then posed the question to our investing readers whether you thought this was the beginning of yet another market correction. If you thought it was, what might your short-term strategy be? Well, you certainly saw what happened the next day: The Dow rocketed more than 250 points More…

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Stock Market Swoon — Start of a Trend?

By Mark Andrews

So what’s your take on this little stock market swoon of late? Should investors be worried that we’re due for another period of weakness in equities as some of the wind seems to have come out of the sails of the economic recovery? Since August 9, the S&P 500 has shed almost 80 points, as of the close of trading on August 31, a drop of more than 7 percent. More…

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