College Planning
Help your clients take the worry out of saving for college with news and analysis on student debt, 529 plans and other tax-efficient savings vehicles as well as the colleges and college majors that deliver the most value.
August 12, 2011
5 Best Quotes From Wild Market Month—So FarAs investors suffered market whiplash in August, Bill Gross, Jeremy Grantham and others made insightful, if not depressing, comments about the economic implications stemming from the debt ceiling debacle and the S&P downgrade.
August 10, 2011
Commerzbank Profits Fall 93% on Greece WoesAn indication of how much the debt woes of other countries may affect banks came on Wednesday as Commerzbank AG of Germany said its quarterly profit fell 93% once it had written down the value of its Greek holdings.
August 10, 2011
Nine Are Named to Crucial Deficit PanelSenate Majority Leader Harry Reid was the first of the four congressional leaders to make his three selections for the Joint Select Committee on Deficit Reduction, with Speaker John Boehner and Sen. Mitch McConnell following Wednesday, and Rep. Nancy Pelosi yet to make her picks.
August 09, 2011
Affluent Are Diligent When Picking Advisor, Merrill Survey FindsNearly half of affluent Americans interviewed two or more advisors before choosing the one that was right for them, with 38% interviewing three or more advisors.
August 08, 2011
Is the Latest Greek Bailout Just Delaying the Inevitable?The latest Greek bailout is just a bandage for its ever-increasing debt.
August 04, 2011
U.S., Euro Stocks Crumble on Fears of New CrisisFears in Europe that contagion won't spare Italy and Spain were unassuaged by Europe's central bank on Thursday, sending stocks and bonds plunging. Meanwhile, investors' flight to safety had a perverse effect in the U.S., where the Bank of New York announced it would charge depositors to hold their money.
August 03, 2011
Debt ceiling deal leaves bad tasteIs there anybody out there who feels good about the debt ceiling deal?
August 03, 2011
Gold Continues Record RunGold set a record price for the second day in a row on Wednesday, as investors reacted to concerns over the euro zone debt crisis. Adding to the pressure on the precious metal's price was the news that several nations' central banks had also bought gold.
August 02, 2011
Rosenzweig honored with President's AwardMichael "Mickey" Rosenzweig, CLU, ChFC, recently received the President's Award, The American College Foundation's highest honor. Rosenzweig (center) was congratulated on the win by Albert J. "Bud" Schiff, CLU, CAP, NYLEX Benefits' CEO (left), and Larry Barton, Ph.D., CAP, president and CEO of The American College. For more information, click...
August 02, 2011
PIMCO’s Gross Slaps U.S. With Scarlet ‘A’ for Budget Abuse; Offers Steps to Remove ItCiting Davy Crockett, PIMCO founder Bill Gross mournfully notes, ‘The time for funnin is over,’ now that the latest debt ceiling and budget debate has been settled.