What Does Diversify Really Mean?
Written by Rebecca Diaz on July 6, 2011 – 2:52 pmWhether you are into investing or running your own business, the term diversify is thrown out quite a bit. However, there are some varying opinions on what this term really means and the implementation of diversifying your money or resources can be difficult. While diversifying is vital for anyone, the key is doing it correctly and making sure that your money and resources are allocated properly.
In one instance, let’s use a business for an example. They are just getting started, and they have a few small clients. However, they manage to land one big client, and suddenly all of this money is flowing in. T
Tags: Mean
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Short- and Long-Term Mortgage Rates Higher This Week
Written by Rebecca Diaz on July 6, 2011 – 1:24 amToday, Freddie Mac released the results of it’s Primary Mortgage Market Survey (PMMS), indicating that long- and short-term mortgage rates followed Treasury yields higher.
The average rate on 30-year fixed mortgages was 4.60 percent, up from last week’s 4.51 percent, and 15-year mortgages averaged 3.75 percent, up from last week’s 3.69 percent. Adjustab
Tags: Higher, Mortgage Rates
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Wednesday Roundup: My Engagement Is Wreaking Havoc on My Credit Card
Written by Jennifer James on July 5, 2011 – 8:21 pmPosted in Financial News | No Comments »
Business investment blues
Written by Rebecca Diaz on July 5, 2011 – 11:10 amToday’s Quarterly National Accounts confirmed that the preliminary estimate of 0.5% GDP growth in the first quarter of the year was correct. GDP is still 3.5% lower than it was at the start of the recession in the second quarter of 2008. Twelve quarters after the start of the 1980s recession, GDP was 1.0% higher; twelve quarters after the start of the 1990s recession, GDP was 1.3% higher.
Growth year-on-year is just 1.7% – this is a very feeble recovery.
Earlier today I mentioned that household incomes look weak; other items on the national menu dont look too hot either. New
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