Is a Countrywide Bankruptcy Imminent? Investors Think So!

Countrywide Financial (CFC), one of America’s largest home-loan lenders, tried as hard as they could today to deny the rumor that the company is filing for bankruptcy. However, as today’s stock performance shows… nobody seemed to be listening.

But today’s press announcements and market reactions brings up a few interesting observations about investing:
1. Sometimes market […]

How a Flexible Spending Account (FSA) Will Save You Money

After a year at my new job the benefit enrollment season just opened again, and I made one change to by benefits that I hadn’t ever done before - I signed up for a Flexible Spending Account (FSA).
For those of you that don’t know, a Flexible Spending Account allows an employee to set […]

Is Today the Beginning of the End for Social Security?

Does anyone know who this woman is, or why she is so special?

This woman, Kathleen Casey-Kirschling, filed for early retirement Monday, becoming the first baby boomer to start collecting Social Security. Born one second after midnight in January 1946, the retired teacher leads the way for as many as 80 million individuals […]

The BeancounterBlog Wish Fund: Your Ideas

It’s often argued among personal finance bloggers whether or not you should post your net worth on your blog. Some believe it gives you some sort of “street cred” and allows readers to know that you practice what you preach. Others believe that sort of information is a little too sensitive for everyone […]

Question of the Day: Would You Support a $5,000 Baby Bond?

Total presidential hopeful Hillary Clinton proposed giving each newborn child a $5,000 bond to be used to pay for education later in life.
“I like the idea of giving every baby born in America a $5,000 account that will grow over time, so when that young person turns 18, if they have finished high school, they […]