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Personal Finance





TOP NATIONAL STORY  

   Checking parents' financial health
As you've watched your savings accounts shrink, have you given any thought to how the 2-1/2 year market slide and depressed interest rates have affected your parents' retirement nest egg?


SPECIAL REPORT: NET WORTH  


   Market downturn forces online investors, brokerages to adapt
Recent years have seen stock trading, banking, credit card applications, insurance and loan shopping gain major footholds with Internet users. But online investing, which roared into the new century as a killer application for the Internet, lately has slumped like a dog on the Dow.

RELATED LINKS:
Banks compete for online customers
More people finding mortgages online
Web tools can help users outline their retirement
Market downturn forces online investors, brokerages to adapt

INVESTING NEWS  

   Chips and dips: SOX crunch
Hope for a recovery in the nation's technology stocks has disappeared. That's what SOX - the Philadelphia Semiconductor Index - is telling the stock market.


WHAT'S INSIDE  

Investing
The latest news and information to help you invest successfully.
Stock Options
Mutual Funds
Retirement Planning
Estate Planning
Credit & Debt Management
Get the most from your credit and debt.
Loans
Education Planning
Mortgages
Bankruptcy
Taxes
How to prepare for - and get through - tax time.
Insurance
Find the policy that's right for you.
Online Banking
How it works and who's doing it.

COMMENTARY  


   Low rates tempt, but don't lose your head
Jeff Brown | Yesterday, the Mortgage Bankers Association of America reported the 30-year rate had fallen to an average of 5.99 percent from 6.16 percent a week earlier. This is a four-decade low. The 15-year fixed-rate loan fell to 5.4 percent, a record.


PERSONAL FINANCE COLUMNISTS FROM AROUND THE COUNTRY  

Jeff Brown
Jeff Brown is personal finance columnist for the Philadelphia Inquirer.
Gail MarksJarvis
Gail MarksJarvis covers investing and personal finance issues for the St. Paul Pioneer Press.
Harriet Johnson Brackey
Miami Herald columnist Harriet Johnson Brackey has been reporting on business, the economy, taxes, Wall Street and finance for newspapers and magazines for nearly two decades.
Meg Green
Certified financial planner Meg Green answers reader questions in her Miami Herald column.
Mark Schwanhausser
San Jose Mercury News columnist Mark Schwanhausser writes about money: how to save it, invest it and keep it from the taxman.
Harry Gross
Harry Gross answers personal finance questions in the Philadelphia Daily News.
Jim Mackinnon
Jim Mackinnon's Compound Interest column runs in the Akron Beacon Journal.
Susan Tompor
Columnist Susan Tompor writes about finance for the Detroit Free Press
Paul Wenske
Paul Wenske writes about consumer affairs for the Kansas City Star



QUESTIONS AND ANSWERS  
How long will it take to get back to even?
Q. I've heard some commentators warning that after the stock market crash that began in 1929, it took investors 25 years to get back to even. Is that correct?
Doctoring sales price is fraudulent
Q:Last year, my wife and I sold our home. The sales contract we signed was $10,000 below our asking price. But then I was told by our realty agent we would be returning $10,000 to the buyers for ``upgrades.'' Then I asked what price would be used to calculate the sales commission and what amount would be reported on the county records. The answer to both questions was the full asking price.
Hunt for college aid takes diligence
Q. My daughter is a high school senior and has begun the daunting task of applying for college scholarships. Where can I get information on scholarships that aren't well known, and what's the best way to approach this task?

HEADLINES  

How much protection does FDIC provide?
Given the continuing gyrations of the stock market, many people are grabbing their money and fleeing to the safety of bank deposit accounts.

What's all your 'stuff' really worth?
Did you know that there are more than 35,000 self-storage facilities in this country? Americans have so much stuff that our houses and garages are overflowing to the point that we have to rent extra space. I know someone who rented space in a self-storage facility because she ran out of closets to hang her clothes.

How marketing may influence prescriptions
Getting a prescription was once as familiar as opening your mouth and saying, "Ahhhh." Now it's much more complicated. For one thing, with all the expensive new drugs on the market, it's often hard to weigh the costs against the benefits.

Most holiday shoppers plan to spend the same or less, survey finds
U.S. retailers could get a lump of coal from consumers this holiday season if survey results from a New York research firm are any reflection of the mood of shoppers.

No foreign refuge
Although investors generally are urged to hold international mutual funds as a buffer against U.S. stock market problems, the strategy has proven to be folly once again.

Get facts before selling house without a Realtor
Question: My grandmother passed away a year ago, and her estate has been equally divided among her six children - except for the house. They are trying to save money by selling without a broker, but the house has been on the market for two months with no offers at the $192,500 asking price. The children are fighting, and I'd like to make suggestions. What should we do?

Dividends attractive again
Dividend-paying stocks are back in favor as investors, weary of the sagging market, want something they can take to the bank. Dividends are a portion of a company's earnings paid in cash to shareholders on a regular basis, generally every quarter.





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