Tag Archives: debt

401K Apocalypse?

October 6, 2008 – 11:12 am

I just read an article that says the financial turmoil has wreaked havoc on workers’ 401K plans. I say…”tough.” First of all, my plan has fluctuated +/-1% each day over the last few days, and would have probably been up if my own company stock was performing better over the last year. I [...]

By Saabir | Posted in Bonds, Commodities, Dow Jones, Economic Development, Economy, Finance, Futures, Hip-Hop Business, Mutual Funds, NASDAQ, Options, S&P 500, Stocks, Urban Development, Wall Street, energy | Also tagged , , , , , , , , | Comments (0)

What This Means For You

September 18, 2008 – 2:53 am

So you think the Dow Jones industrial average, in 3 days dropping a total of 950 points (500 on Monday, September 15th and 450 Wednesday, September 17th), renowned investement brokerage – Lehman Brothers filing for bankruptcy protection and the Federal Reserve stepping in with an emergency loan to keep American International Group Inc., one of [...]

By Kenyatta Blue | Posted in Business, Dow Jones, Economy, Finance, Hip-Hop, Inner-City, Options, Urban, Wall Street | Also tagged , , , | Comments (0)

Freedom and Prosperity Part 2

August 6, 2008 – 7:46 pm

“Real prosperity is created by building capital, not by financing debt.”
“Phil Graham is right – we’ve become a “nation of whiners…The American people fully expect to get lazier and richer at the same time – forget it!”
As stated previously in part one of this essay, the U.S. is the world’s largest [...]

By ph | Posted in Commodities, Economic Development, Economics, Economy, Finance, Wall Street, energy | Also tagged , , | Comments (0)