Author archives

  • 06
    Feb

    Savings Insecurity Is Growing: Share Your Stories

    Filed under: Personal Finance The Los Angeles Times reports that more than three out of 10 Californians have too little in emergency savings, meaning they haven’t set aside enough to get by for three months if they were to lose their jobs. Exclude illiquid assets like houses, and that number — 30.9% — rises to an even more grim 43.1%, reports the nonprofit Corporation For Enterprise Development.

    Posted by FinanceGuru in Uncategorized

  • 04
    Feb

    The Tricks to Maximizing the Cash-Back Card Payoff

    Filed under: JP Morgan Chase , Credit Cards Savers love cash-back cards. Unlike rewards cards that grant points, cash-back cards return a fraction of what you spend in good old U.S. currency

    Posted by FinanceGuru in Uncategorized

  • 04
    Feb

    Detroit’s New Focus on Small Cars and Quality Pays Off

    Filed under: Honda Motor Co , Ford Motor Co , Toyota , General Motors , Autos Not long ago, each time gas prices shot up and car buyers turned their attention to more fuel-efficient models, Ford ( F ) and the other Detroit automakers would get hammered. Their strengths were in SUVs, big cars, and pickups — in other words, gas-hogs. Buyers wanting good mpg numbers tended to look to the imports — enough to make Toyota’s ( TM ) Corolla and Honda’s ( HMC ) Civic perennial best-sellers

    Posted by FinanceGuru in Uncategorized

  • 03
    Feb

    Wrecks to Riches: Hunting Sunken Treasures from Cape Cod to the Costa Concordia

    Filed under: Features Off the coast of Massachusetts, and in the Mediterranean waters surrounding the Tuscan island of Giglio, treasure hunters are seeking sunken loot. Greg Brooks of Gorham, Maine — a founder of shipwreck recovery firm Sub Sea Research — says he has located the underwater remains of a British merchant ship that was sunk off Cape Cod by a German submarine during World War II. According to Brooks, the wreck contains a cargo of platinum bars now worth more than $3 billion

    Posted by FinanceGuru in Uncategorized

  • 02
    Feb

    When 6 Percent Interest Is Too Good to Be True

    Filed under: Banking , Consumer Ally Savers have taken it on the chin for years, with banks paying almost nothing on checking and savings accounts while happily charging big fees. So when one new financial website offered a 6% interest rate on an insured savings account, you can bet it got a lot of attention. If you’ve never heard of Mango Financial, you’ll probably see a lot about it soon

    Posted by FinanceGuru in Uncategorized