The Quickest Way to Get Visa Cards

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Visa Credit Card Company is accepted in several places every part of the world and tenders their card services to every person every part of the world as well. Anyway,Visa offers a big variety of plastics choices for every person’s wants.

The Classic Visa credit card is a uncomplicated card with a small spending limit. T

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Layoff day at my office

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When I arrived at work today after an enjoyable long weekend, I learned it was layoff day. Thankfully I was spared and will be trudging back to my desk tomorrow. But seeing coworkers let go did prompt me to review current unemployment benefits for Massachusetts residents.

  • Regular Unemployment Insurance – up to 26 weeks
  • Potentially Federal Emergency Unemployment Compensation – up to 53 weeks
  • Potentially Federal/State Extended Benefits – up to 20 weeks
  • Massachusetts maximum benefit rate is $629 a week
  • Federal Subsidy for COBRA Premiums – former employer pays 65% of COBRA for six months

At first when I realized that my company had waited until 2010 to do this layoff I wondered if dodging having to pay for the COBRA benefit was behind the timing. Read more…

Wild Weekly Wrap-Up: Only Halfway Through January!

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Wheee, what a ride!

The week can be neatly summed up by my 1:35 comment to Members in Friday’s chat, summed the week up quite nicely as I said: “So funny, a whole week of gains I thought were ridiculous wiped out in 4 hours.” Of course it’s easy to laugh when you play the market correctly – as I had said in the morning post, we had cashed out into Thursday’s run up and planned on going bearish through the weekend but it turned out we got our sell-off early, jumping the $100K Portfolio, for example, up 12% in one day – enough to send us back to cash rather than risk a weekend reversal.

We laid the groundwork for this little sell-off in last weekend’s posts as we put up an aggressive Buy List for Members but in my regular weekend post we emphasized the need to cover our buys with “Disaster Hedges” as we were heading to the tops I had predicted when I published the “Last Charts of the Decade,” where I set resistance targets of Dow 10,457, S&P 1,135, Nasdaq 2,314, NYSE 7,389 and Russell 638. As you

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Unhappy new year for mutual funds?

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Regardless of whether the stock and bond markets can sustain their momentum in 2010, the mutual fund industry — and fund investors — appear destined for a year of bad news.

That’s the only conclusion I can draw after looking into my crystal ball to see what lies ahead for the fund business. In all the years I have been doing this — and it’s about 15, during which time I typically have gotten about three-quarters of my forecasts right — there have never been so many dark events looming on the horizon. These aren’t necessarily events on the scale of the financial crisis of 2008, but they are the big stories for the fund business.

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Health bill may impose ‘marriage penalty’

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Some married couples would pay thousands of dollars more for the same health insurance coverage as unmarried people living together if the health insurance overhaul plan pending in Congress is passed.

The built-in “marriage penalty” in both House and Senate versions of the health care bill has received scant attention. But for scores of low- and middle-income couples, it could mean a hike of $2,000 or more in annual insurance premiums the moment they say “I do.”

The disparity could come about in part because subsidies for purchasing health insurance under the plan from House Democrats are pegged to federal poverty guidelines.

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December Unemployment Unchanged at 10 Percent

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The Bureau of Labor Statistics has released its most recent unemployment numbers (for December 2009), and they paint a gloomy picture of the U.S. job landscape.

While the actual unemployment rate and number of unemployed people in the country remain unchanged from the last recorded period (10.0 percent and 15.3 million, respectively), certain figures point to a dismal immediate future.

Unemployment by the Numbers

Here’s a look at a breakdown of the current unemployment figures for the United States:

    Adult men: 10.2 percent Adult women: 8.2 percent Teenagers: 27.1 percent Whites: 9.0 percent Blacks: 16.2 percent Hispanics: 12.9 percent Asians: 8.4 percent

While these numbers represent little movement in either direction from the BLS’s last report, they also don’t paint the whole picture. F

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