If you’ve been out of the loop the last 48 hours or so, the big finance-related news is the political firestorm precipitated by AIG’s bonuses, and the Fed’s decision to create $1 trillion in new money (by buying mortgages and mortgage-backed securities). On the blogosphere, there is a quick consensus emerging that the the public,...Read More
Want to Entice Home Buyers?Insure Them Against Losses Stock market investors who believe prices are low, but not certain they have bottomed, can hedge their bets by doing what is called “dollar cost averaging.” By committing fixed amounts of capital at regular intervals, they are guaranteed to accumulate relatively more stock when prices are cheapest....Read More
