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Wednesday, April 7, 2010 as of 11:14 AM ET

Your Questions, Your Money
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October 15, 2009 03:11 PM UTC

Dow 10,000? Try Dow 6,700.

Dow 10,000? Try Dow 6,700. That’s the level of the Industrial Average if you look at in euro terms. 6,727 to be exact. And the following chart shows the not-so-fun ride foreign investors have taken in Dow stocks over the last decade. A European investor who bought the 30 Dow stocks 10 years ago in October 1999 when the Dow was almost exactly 10,000 is nowhere near breaking even though ... read more


September 18, 2009 03:46 AM UTC

Everything But The Oink

My father mailed this supermarket flyer to me recently. Makes you ask: What inflation? On a side note: When I would talk to friends about eating pig and all the parts growing up, they always looked at me in digust. Now it feels adventuresome.   ... read more


September 4, 2009 09:35 AM UTC

How Much Cash4Gold?

With gold glittering once again, you might be thinking about how to cash in some of granny's old jewelry. And we've all seen the Cash4Gold ads. Some feature financially challenged celebrities promising fast cash for that gold jewelry sitting around the house. The appeal is ease and a nice payday: No time consuming eBay listings. No trips to the pawn shop. Just place your gold in the free envelope ... read more


August 13, 2009 01:51 PM UTC

Five Real Estate Lies That Will Not Die

I still hear them every day: Fallacies about buying real estate and putting money into property after you already own it. The other day I was watching one of those ubiquitous real-estate TV shows when I heard a realtor say something you don't hear often enough: "You shouldn't install granite counters into this home because no other homes at this price range in this area have ... read more


August 7, 2009 04:44 PM UTC

Customer Service: The Best And The -- Well, I Don't Shop There Anymore

Earlier this week I saw that J. Crew is going back to basics and focusing on its catalog business and Web site rather than its stores. Good thing. Based on my own experiences in its stores lately, the chain should keep the customers as far away from some of the staff as possible. The service is bad enough to tarnish the brand…permanently. My research is certainly not scientific – ... read more


July 29, 2009 02:56 PM UTC

Why Make Life Tougher for Hard-Working Business Owners?

I just got back from a week with my entire family at Virginia Beach, Va.   A vacation. Something that still feels foreign to me.   When I was little, other families would rent beach houses or drive to Disney World. We didn't. Once every few years my parents would take a three-day weekend. We might make it to the beach. But that was it.   Why weren’t we like other families who took ... read more


July 16, 2009 11:14 AM UTC

CIT: A Test of Optimism

All of our new-found optimism is about to be tested.   After being rebuffed by Uncle Sam for an even bigger bailout, business-lender CIT Group is now teetering on the brink of bankruptcy. If it goes the way of Lehman Brothers, we will soon found out if the confidence that’s come back in the stock and credit markets is ephemeral and fleeting.   Have we come far enough to let an important ... read more


June 30, 2009 12:50 PM UTC

The Big Small Con

The first question is always the same: Does Microsoft/General Electric/Insert the name of a major corporation buy other companies?   That might sound silly, even ignorant but it's the first tip-off that somebody is about to be scammed.   I've been asked that question by acquaintances, neighbors, even strangers. They're only looking ... read more


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