Money Central | Published News

Why Paper Money (Currency) Not Backed By Gold and Silver Breeds Less Confidence

Soros — Thu, 17 May 2012 06:36:25 EDT

There was a time when United States currency would be exchanged for gold or silver. The United States treasury would make the exchange. Our system of money was referred to as a bimetallic standard. In 1964, our government stopped exchanging silver...

Turning Short-Term Trades Into Long-Term Trades

Keppler — Thu, 17 May 2012 06:36:24 EDT

Many traders in Forex are happy with 10 pips in a trade. That's great! But what if you could turn a 10 pip trade into a 50 pip trade, and a 50 into 100 and even more. Learn how.

The Three Stages of Auto Insurance Needs

Aaron — Thu, 17 May 2012 06:36:23 EDT

As people drive down the road of life, they need auto insurance to cover their assets. But over time a person’s priorities change, and often the same policy won’t always offer the best protection. Consumers should review their policies on an annual basis, but, at the very least, there are three distinct moments when coverage needs drastically change, and drivers need to stop and shop for a new plan.

Young, First-Time Buyers: The first time that the thought of car coverage enters a person’s mind is when they get their license. Ambitions are high, assets are low, and the best insurance policy appears to be the cheapest one they can find. Unfortunately for teenagers and other inexperienced drivers, being young also translates into steeper rates. Producers base prices off of accident risk, and teens have a long history of taking unnecessary risks while behind the wheel, making automobile accidents the leading cause of death for youthful motorists in the U.S.

Many companies interpret risk differently, so by comparing car insurance policies it may be possible to find an affordable plan. Although it may be tempting to get the lowest amount of coverage necessary to legally drive, young drivers are urged to consider higher liability limits to adequately cover other people’s damages that they may cause.

Family-Friendly Motorists: When it comes time to settle down and start a family, a motorist’s priorities often take a drastic turn toward safety. Old junky cars are traded in for minivans and spacious sedans equipped with safety features designed to keep both driver and passengers safe from harm. Insurance needs change as well. Drivers start to consider purchasing umbrella policies and bumping up liability limits to better protect their assets, which are now more important than ever. Read more ...

Debt Consolidations – How to choose the right Debt Consolidator

Enron — Thu, 17 May 2012 06:36:15 EDT

Debt Consolidation You are already in debts and the last thing you figure is to pay for the service of debt consolidation companies or programs that will only further increase your debts. It's difficult not...

The new short sale timeline Implemented by Fannie Mae and Freddie Mac

Leman — Thu, 17 May 2012 06:36:15 EDT

Fannie Mae and Freddie Mac are employing a new course of action to quicken the short sale system. On June 15th, rulings on short sale bids can be anticipated within 30-60 days. New specifications have been laid down by the GSEs to generate a faster and more lucent short sale route.

Concerns Over Payday Loans Grow

Mutual — Thu, 17 May 2012 06:36:14 EDT

It has been revealed that the proposal to put a cap on high interest rates has been rejected. This means all the people in the UK that are short of money are being warned against opting for a payday loan because they are so risky. Payday loans are aimed at working people who are struggling [...]

The Advantages and Disadvantages of Home Equity Loans

Insider — Thu, 17 May 2012 06:36:11 EDT

Because of the home equity loans, house loans have become popular among the borrowers. It is an easy and secured loan and it possesses all important functions of a great home loan. No wonder why more and more people are opting for these home equity loans. But are they all good? They are, but not all the time. Just like everything else, home equity loans have had their advantages and disadvantages and that's what we will be discussing in this article.

Save Your Cash Advance And Avoid These Gadgets That Are Not Worth A Splurge

City — Thu, 17 May 2012 06:36:11 EDT

For techie individuals, they feel the need to always be ahead of everyone else whenever a new gadget comes out. Many do not mind even if they have to go as far as applying for a cash advance. These are non-traditional loans that come with a quick and easy application.

Learn how to Make Money Online for Valentines Day

Lender — Thu, 17 May 2012 06:36:10 EDT

Valentines Day Explosion Online This year, Valentines Day will see tons of people signing onto the Web to do some Valentines Day shopping for that special person. It may be in the form of Flowers, Candy, Teddy Bears or just a simple hello....

Developers announce new Chicago office tower

Stryker — Thu, 17 May 2012 06:36:10 EDT

In what Chicago Mayor Rahm Emanuel calls a sign of confidence in the city's economy, a group of developers have announced plans for a new office building on the western edge of the business district.

Pay Off Credit Cards Fast Using The Best Credit Card Offers

Daytrader — Thu, 17 May 2012 06:36:09 EDT

Are you struggling with a mound of credit card debt? Is your credit card interest rate above 9.99% APR? Well, this article is for you. You are about to learn how to pay off credit cards fast using the best credit card offers. High APR Credit...

When is Foreclosure Right For Me?

Charity — Thu, 17 May 2012 06:36:08 EDT

Foreclosure is rarely the "right" move when it comes to dealing with your home. While working through your banks loss mitigation department and attempting the various options available is advisable, there are a couple instances where foreclosure might be the better option...

Unusual heavy activity in Chesapeake

Mortgage — Thu, 17 May 2012 06:36:07 EDT

Chesapeake Energy is seeing large and unusual option activity today. CHK is down 2.12 percent this afternoon to $14.34 after hitting a three-year intraday low of $14.27 earlier in the session. Shares of ...

Your Credit Score - No Longer a Mystery

Loan — Thu, 17 May 2012 06:36:07 EDT

For most people, credit scores remain a mystery. Sure, a lot of us know 800 is a great score, 700 is good, and anything below 600 is bad. But what actually determines this number? What are the factors influencing this number which has the power to grant you the house or car of your dreams or shatter them into oblivion?

What End of Bush Tax Cuts Would Mean for You

Hillary — Thu, 17 May 2012 06:36:04 EDT

Bischoff: Unless Congress takes action, it's not just the "rich" who will see higher tax bills.

Spain's Bankia shares fall 26 percent

Hates — Thu, 17 May 2012 06:36:03 EDT

MADRID (Reuters) - Shares in troubled Spanish lender Bankia fell a further 26 percent on Thursday, compounding a week of heavy losses that has seen the stock lose around two thirds of its value from a July stock listing. The Spanish stock market regulator classed the shares "under auction" -- a procedure that kicks in when there is a particularly large order to buy or sell a stock and big mismatches betweeen bids and offers. (Reporting By Sonya Dowsett; Editing by Tracy Rucinski)

Apple's Recent Stock Price: Explanations

Murdof — Thu, 17 May 2012 06:36:01 EDT

Apple is trading at $546. As recently as April 9, it touched $640. A year ago, it was $332. So the stock appreciated 93% from a year ago to its high, and has retreated 15%. The retreat is making investors nervous because a $94 price drop sounds much worse than a 15% decline on the heels of a 93% run-up. Why is Apple?s stock gyrating so much?

France questions EU fiscal pact

Juliany — Thu, 17 May 2012 06:36:00 EDT

France's new finance minister reiterates that the country's new socialist government will not ratify the European Union's fiscal pact.

Is Staples Finally a ‘Buy’?

Greenspan — Thu, 17 May 2012 06:36:00 EDT

Staples plunged on a weak earnings report Wednesday, but one big option trade is betting that the market overreacted.

Army to Review Its Psychiatric Evaluation Process

Cudrin — Thu, 17 May 2012 06:35:59 EDT

Congress put pressure on the military after hearing complaints about reversed diagnoses of post-traumatic stress disorder.