Breaking Financial News, World News

Choosing your home insurance Northern Ireland policy

February 17, 2010 – 4:21 pm

If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!

Whether you are a homeowner, a renter, an owner of a condo or a condominium, it is always a good idea to buy a home insurance. From a legal standpoint, the fact of the home insurance Northern Ireland is generally not needed by law,but strongly recommended. Some mortgage lenders, as some owners of apartment buildings require it, but they cannot legally force you.

However, the protection of your property or buildings and a great protective covering of the civil liability are all set to give you peace of mind and peace.

Today, countless insurance companies are competing to offer you the protection you will save, without skimping on details.

Read more…

Posted in Financial Articles | No Comments »

10 things your auto insurer won’t tell you

February 17, 2010 – 1:59 am

1. “When I say this is a good policy, I mean it’s good for me.”

Although agents can help you navigate auto policies, some may not have your best interests at heart. Often, large auto and home insurers use “contingent” commissions to compensate agents who sold their policies. These fees come in two types: “steering” commissions, for signing customers with a particular carrier, and profit-based commissions, when clients don’t file a lot of costly claims. The concern with the former is that unscrupulous agents push certain policies to reap larger commissions; with the latter, they might delay or discourage claims.

How can you protect yourself? A

Read more…

Posted in Financial Articles | No Comments »

Online Scams on Reputable Web Sites?

February 17, 2010 – 1:08 am

If you’re committed to managing your finances, you likely know how to spot questionable offers. However, simply shopping at trustworthy web sites may not stop you from seeing surprise charges.

A recent press release from the office of New York Attorney General Andrew Cuomo details an online scam that seems to be shockingly widespread among big name, well respected online retailers.

According to the press release, Cuomo has subpoenaed 22 companies for information about their relationship with companies executing the scam. Here’s the deal.

The Scam: Sharing Your Card Info

The online scam reportedly works like this:

You make an online purchase. Y

Read more…

Posted in Financial Articles | No Comments »

Fidelity Portfolio Advisory Service Review w/ Actual Holdings

February 16, 2010 – 4:25 pm

Have you seen those “follow the green line” ads from Fidelity? Well, they reminded that a reader sent me their retirement account holdings for review which was managed through the Fidelity Portfolio Advisory Service (PAS). This is a managed portfolio service, which means that you pay Fidelity a fee and they do all the research, selection, buying, and selling for you. Fidelity has two managed-portfolio tiers for individual investors, with the Portfolio Advisory Service for account balances of $50,000+, and the Private Portfolio Service for those with $300,000+ to invest.

At only a $50,000 minimum portfolio size, it appears that the PAS is targeted a relatively large portion of the generic public. Unf

Read more…

Posted in Financial Articles | No Comments »

Warning, this Atlantic article is depressing!

February 16, 2010 – 2:05 am

The Atlantic article: How a New Jobless Era Will Transform America explains that economic events we are living through today are destroying the futures of blue-collar men, crippling the institution of marriage, creating new pockets of “inner-city” blight in communities that never experienced that before, and generation Y is doomed to be under-employed and under-compensated for the rest of their working lives.

But according to the economist Edmund Phelps, the innovative potential of the U.S. economy looks limited today. In a recent Harvard Business Review article, he and his co-author, Leo Tilman, argue that dynamism in the U.S.

Read more…

Posted in Financial Articles | No Comments »

Simmons Leaves Goldman’s Board

February 15, 2010 – 12:53 am

On Tuesday, Brown president Ruth Simmons explained that the decision as to whether she should continue to sit on the board of Goldman Sachs (GS) was a complex one which would not be taken lightly:

If Simmons were to leave Goldman’s board, she said, she does not think she would join another board…

One reason Simmons cited not to seek out new positions was that the seniority she now enjoys on Goldman’s board allows her to advocate for programs to help women and minorities.

Simmons said that, as with her retirement from Pfizer’s board three years ago, when to call it quits with Goldman will not be a decision she makes by herself, but rather in cooperation with the Corporation, the University’s highest governing body, with which she meets regularly to evaluate her actions.

“I feel very strongly that I don’t know enough as an individual — a sole individual — to make that decision alone,” she said.

On the other hand, it seems that complex decisions on such matters can still be taken quickly. Goldman put out a p

Read more…

Posted in Financial Articles | No Comments »