Tag Archive | "USD"

What Is Shortselling — And Is It Evil?

Monday, May 31, 2010

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What Is Shortselling — And Is It Evil?

The media, along with politicians, love to lambaste shortsellers and claim that they are the culprits behind stock market declines. When you sell short a stock you are betting that it will go down. Logistically, you “borrow” shares of the stock with a future promise to return them, and then you sell those shares on [...]

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HelloWallet Seeks To Help Struggling Consumers

Sunday, May 9, 2010

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HelloWallet Seeks To Help Struggling Consumers

A new financial advice website, HelloWallet.com, has recently launched. The site is the brainchild of founder Matt Fellowes who came upon the HelloWallet concept while doing research for the prestigious Brookings Institution. Fellowes ascertained that average Americans lose over $100 billion each year due to a lack of financial information resulting in bad decisions when [...]

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