U.S home prices will continue to decline in 2011! According to data of U.S home inventory, millions of houses remain unsold. This combination of excess supply and weak demand means prices will continue on a downward spiral.
U.S Home Inventory Data
The National Association of Realtors says the current inventory of existing homes that are listed for sale are 3.5 million.
According to research firm CoreLogic, there’s another 1.8 million homes sitting in shadow inventory. These are homes that don’t yet show up in National Association of Realtors listing.
U.S Home Values 2011 Report
With such a high backlog of unsold homes, it is a buyers market. And there is data supporting the downward decline of U.S home values. There was March 2011 report that showed that 19 of the 20 largest metro areas tracked by the Standard & Poor’s/Case-Shiller home price index saw a price slump in January 2011.
Source of data, Yahoo Finance Real Estate news.
written by Constantine Njeru
\\ tags: 5 Million, Amp, Association Of Realtors, Backlog, Case Shiller Home Price Index, Downward Spiral, Excess Supply, Home Inventory, Home Price Index, Home Values, Inventory Data, Inventory Millions, Metro Areas, National Association Of Realtors, Real Estate News, Slump, Trend, U S Home, Yahoo
If your goal is to retire a millionaire by age 65 then you have to start saving early. The following calculations are based on a saving time frame of 30 years and the savings are earning 8% annually
Lets assume you are 35 years,
You’ve saved: $0
To reach $500,000, what you need to save per month: $335
To reach $1 million, what you need to save per month: $671
To reach $2 million, what you need to save per month: $1,342
You’ve saved: $25,000
To reach $500,000, what you need to save per month: $152
To reach $1 million, what you need to save per month: $488
To reach $2 million, what you need to save per month: $1,159
Data calculations courtesy of yahoo, to see more calculations visit yahoo finance.
written by Constantine Njeru
\\ tags: 1 Million, 35 Years, How To Retire A Millionaire, Saving Time, Time Frame, Yahoo
Fibonacci analysis is commonly used in forex trading. Learning the correct Fibonacci trading tactics and techniques may help you know how to determine the most probable turning points in the market before the price gets there.
Fibonacci Forex Trading Software
If doing Fibonacci analysis is difficult you can download Fibonacci Forex Trading software to help you.
New download website is promoting a Fibonacci Forex Trading software. The software retails at $7.99
Free Fibonacci Forex Trading Software
You can test drive the software for free by downloading the free trial version. If you like it you can buy it but if it is unsatisfactory you can give it a pass.
Fibonacci Charts Software.
You can develop Excellent looking charts with Fibonacci retracemenst, projections, arcs, fans and 2 trends. Download historical prices for free from Yahoo Finance to create sophisticated charts. Import any valid financial data CSV file including foreign exchange. Several drawing tools, including 2 simultaneous trend lines to automatically calculate the best support and resistance levels. Ability to save snapshot of current chart then reload it from file.
written by Constantine Njeru
\\ tags: Arcs, Csv File, Download Software, Drawing Tools, Fibonacci Trading, Finance, Foreign Exchange, Forex Trading Software, Free Software, Free Trial Version, Resistance Levels, Snapshot, Software For Free, Software Free, Software Help, Software Test, Test Drive, Test Software, Trend Lines, Yahoo
The best way to play the stock market is to seek information that you can help you understand more about companies, industry and economy. Seeking only tips will not get you far because chances are you may act on a bad tip.
I like the following websites for investment advice. They are parked with information that I use to better understand the markets.
Businessweek Online.
I have been a subscriber since I first opened my good old yahoo email account. I have never been disappointed. The recent merger with bloomberg will only make them stronger.
UK Financial Times Online.
To access the full articles you need you need to be a paid up member. They have free account that limits you to read 10 articles a month. But they will send you headlines of all top business news.
Wallstreet Journal Online.
The biggest business publication in the world. With such a large financial support you can be assured they will find business information that matters.
Yahoo Finance.
The beauty of Yahoo Finance is syndicated feed they run on the site. They have articles written from top finance blogs.
Google Finance.
This is not a single site but an aggregator of business news. They have fabulous charts that can help you track trends over a period of time.
written by Constantine Njeru
\\ tags: Aggregator, Business Information, Business Publication, Businessweek, Economy, Financial Times, Google, Headlines, Investment Advice, Merger, Period Of Time, Single Site, Stock Market, Subscriber, Top Business News, Top Finance, Uk Financial Times, Yahoo, Yahoo Email Account
I found some interesting comparisons of returns of index fund and mutual funds.
From motley Fool website;
During the 1990s, the S&P 500 has provided an annualized return of 17.3%, compared with just 13.9% for the average diversified mutual fund.
And From Yahoo
In 1998, for instance, 85 percent of all mutual funds that were set up to beat the S&P 500 failed to meet that goal. When you think about it, that’s an amazing statistic — eight out of ten mutual funds didn’t beat the market!
Investing in a stock index fund guarantees that you’ll never outperform the overall but an index fund might give investors a higher return because of their cost advantage. Index funds have lower or zero fees, they also don’t hire expensive equity analyst. All that saving is passed to investors.
written by Constantine Njeru
\\ tags: 1990s, Amp, Annualized Return, Cost Advantage, Equity Analyst, Guarantees, Index Funds, Investor Returns, Investors, Motley Fool, Mutual Fund, Mutual Funds, Statistic, Stock Index Fund, Yahoo, Zero Fees
Warren Buffet is having a look at how his company, Berkshire Hathaway is performing and is convinced the US economy is on the upswing.
In a 2010 yahoo finance and huffington blog interview the famous investor was quoted saying : -
The stimulus is working
If you feel the massive stimulus is not working for you, Buffet may disagree
“We’re hiring,” he adds, referring to many of his Berkshire Hathaway companies.
Buffet then painted a sunny picture for the US economy
The stimulus is working and the economy will improve in the next 2-3 years.
If you doubt Warren Buffet predictions Just remember his nick name is the Oracle of Omaha
To watch the full interview visit yahoo finance
written by Constantine Njeru
\\ tags: 3 Years, Berkshire Hathaway, Company Berkshire Hathaway, Economic Forecast, Economy, Finance, Investor, Nick Name, Oracle, Oracle Of Omaha, Stimulus, Upswing, Warren Buffet, Yahoo, Yahoo Finance
The Internet Crime Complaint Center reported that Americans lost about $559 million to Internet thieves in 2009.
According to an article by bankrate.com, in 2009 and published at Yahoo finance, there were more online bank robberies than there were actual on-site bank robberies.
How Hackers are Stealing Your Bank Details
Hackers seems to have developed a virus that is designed to specifically go after online bank details
Banking Trojans — malicious code specifically designed for banking fraud. They are invisible and can steal multiple types of data, including passwords. Some more advanced types of Trojans can make fraudulent transfers and drain your account while you are logged on to the account online
Thats sound scary!!
Tips on How To Protect you account. Read this Yahoo Finance Article
written by Constantine Njeru
\\ tags: Bank Account Details, Bank Details, Bank Robberies, Banking Fraud, Fraudulent Transfers, Hackers, Internet Crime Complaint Center, Malicious Code, Online Banking, Online Crime, Passwords, Scary, Thieves, Trojans, Virus, Yahoo, Yahoo Finance
Theme designed by Wordpress Hosting supported by Best Web Hosting.
|
|