Weekend Linkage – November 2, 2008
When I was vacationing in China last month, I skipped all the roundups that I usually do in the weekend. It’s time to get back to normal. But before I share the weekend readings, here’s a quick recap of the U.S. stock market last week.
Basically, the last week of October saved the month, though not enough to put major indices back into positive territory. The latest 0.5% rate cut from the Fed and bargain hunters helped U.S. stocks stage “their steepest weekly surge in 34 years” (Bloomberg). For the week, the S&P 500 gained 10% to 968.75, the Dow Jones Industrial Average surged 11% to 9,325.01, and the tech-heavy Nasdaq rallied 11% to 1720.95.
Now, the readings of the week that I hope you will enjoy:
A Zero-Sum Worldview “Is your increase in wealth directly related to someone else’s decrease in wealth?”
Stuck In A Rut? How Change Does a Mind and Body Good “And while I was in my home away from home, I realized something. That a little change can be good.”
Vehicle Buyback Programs Help Used Car Dealers, Not Consumers “Dealers are trying all they can to move new car inventory.”
Save Your Retirement Dreams by Protecting Your Income Streams “Protecting your current job means doing what you need to do (ethically, of course!) to stay off of the “short list” for being laid off.”
Eligible People Not Getting Food Stamps? “I’m very saddened by this news. I can never understand why people don’t take advantage of free things to better their lives.”
A Lower Dollar – How Does it Affect You? “To some, a fluctuating currency doesn’t make a big difference in day to day life. However to others, it’s the difference between being employed or not as it can have profound influence on currency dependent industries.”
How to Find a Doctor, Accountant, or Plumber You Can Trust in a New City “Getting a good referral, checking with the local chamber of commerce, and taking a test run with potential candidates …”
What Happened to Your Credit? “Have you seen any effects of the so-called “credit crisis” on your stash of credit cards? ”
Persevere through the Recession with Your Home Business “The recession won’t be forever, and lower sales and profits won’t be forever either, but just keep at it!”
How to Save $9k a Year “Some of these are actually quite weak, but there are some nuggets of savings here that either work themselves or work with a twist or two.”
Home Ownership is Still the American Dream “You might not be able to tell these days with all the bad news about the housing market, but it’s still an incredible feeling to own your own home.”
Winterize your car yourself and save $200 “Instead of paying a couple hundred dollars for a shop to “winterize” your car, how about doing it yourself?”
Alternative Energy & Energy Independence: Obama Versus McCain “While we obviously have to wait until November to find out the outcome of the election, it doesn’t mean we can’t start positioning our portfolios to benefit over the coming years.”
8 Truths from a Mystery Shopper You Must Read Before you Get Started “These eight tips are vital to making money in this somewhat misunderstood profession.”
Comments
No comments yet, but your thoughts are always welcome.