Talking with midday bulletin news of Wedneday 25 January , the minister of finance Shamseldin Hoseini confirmed increase of interests paid to savings at 21 % and Central bank measures for control of sky racketing foreign currency exchange rate .
Duration : 0:8:25
VICTORIA – The cost of borrowing money in Canada is higher today.
The Bank of Canada raised its key interest rate overnight – from a quarter point to half a point.
Investment Advisor Dunnery Best says now is still a good time to borrow money, and rates are still historically low. He says there’s no need to panic.
The increase applies to variable rate loans, such as lines of credit, and variable mortgages. If you have a fixed rate mortgage, your payment stays the same.
This is the first interest rate increase in three years. Analysts predict more to come. The next Bank of Canada rate announcement is scheduled for July 20th.
Duration : 0:2:17
This is the VOA Special English Economics Report , from http://voaspecialenglish.com | http://facebook.com/voalearningenglish
Today, retirement can mean different things. For many Americans, it means the end of the money-earning part of their life and the beginning of a period of enjoyment. But retirement calls for planning and savings.In many countries, employers may offer some kind of retirement savings plan. The plan could be linked to the company’s stock or to a managed investment service. Almost any financial planner will say workers should use these plans to save money easily: often directly from their wages. But an employer plan should not be your only way to save for retirement.Pete D’Arruda heads his own financial planning company and gives retirement advice on radio shows and television. He tells people to save whenever possible. But he says as retirement nears, you must take fewer financial risks. “There’s three stages of life there when we look at it. There’s the part where you’re earning money. And when you’re earning money, if you have a salary, it makes it easier to take risk because you know that if you lose the money you can go back and earn some more.” By risks, Pete D’Arruda means investing in stocks and other financial instruments that can lose value quickly. He says people should move money away from riskier investments as they age even if there is a possibility of a higher rate of return. Instead, investors nearing retirement should seek more secure investments for their savings. “But then we get to the transition phase when we’re within five years or so of retirement. I call it the financial red zone because now is the time when you need to protect what you have, you need to start transitioning away from the risk of Wall Street and into safe places that guarantee lifetime income.” Pete D’Arruda has a simple way of deciding how much of your retirement savings should be at risk. He says take your age and put a percentage after it. That is the percentage of your retirement savings that should be fully protected from losing value. So, for a sixty-five-year-old, “sixty-five percent of the money must be in a place that can’t lose it. The reason why is when you’re in retirement it’s impossible to get the money back that you lost because you don’t have a salary coming in.”One recent survey by the Charles Schwab company found that forty-four percent of baby boomers feel secure in their readiness for retirement. Baby boomers are the generation of Americans born after World War Two. For VOA Special English, I’m Alex Villarreal.(Adapted from a radio program broadcast 28Oct2011)
Duration : 0:3:59
This is the VOA Special English Economics Report, from http://voaspecialenglish.com | http://facebook.com/voalearningenglish
Last week, we discussed limiting investment risk in retirement planning. So what are financial planners advising people to invest in? Stocks and bonds are the best known investments and are important to any savings plan. Instruments like savings accounts and certificates of deposit pay a small rate of interest. They carry little risk. Annuities are another savings instrument with low risk. Financial planner Pete D’Arruda says “Worldwide, people can put their money in annuities, which are basically savings accounts offered by insurance companies.” But he says it is important to make a decision about an annuity with a good financial planner. He warns that annuity agreements can be complex, and many bad ones are out there. Pete D’Arruda says good planning means placing money into financial securities and accounts that have different risk levels, using asset allocation. “So true asset allocation is having some in stocks, some in bonds, some in mutual funds, but then some in other places with guaranteed income and then safety and liquidity kind of accounts for emergencies.” This method of savings follows the old saying you should not “put all your eggs in one basket.” But that is not for everyone. Sande Taylor is with the investment company Charles Schwab in south Florida. She advises investors every day. She says many investors have a personal style. There are conservative investors. “A conservative investor by definition typically has eighty percent of their portfolio within fixed income markets and cash.” Even in retirement, Sande Taylor says, some people have their entire financial portfolio, or set of investments, in stocks. They are the aggressive investors. In saving for retirement, there can be a difference between what people believe and what they actually do. In a recent Charles Schwab study, most Americans said they believe it would be easier to save for retirement if they were single. But the study found that eighty-five percent of married people had started saving, while only two thirds of singles had. Sande Taylor says younger people may seek short term goals. “The younger individuals look at it and think, ‘Well retirement is so far away, I’d rather focus on my shorter term goals.’” But she says there are big gains to be made by starting early and planning for the future. For VOA Special English, I’m Carolyn Presutti.(Adapted from a radio program broadcast 04Nov2011)
Duration : 0:4:1
‘Break My Bank’ is a song by American hip-hop duo New Boyz featuring Virgin Islands singer Iyaz. It was written by the group with Matt Squire and Damon Sharpe. The song is the lead single from their second studio album, Too Cool to Care.’Break My Bank’ features an electronic ’sugary’ beat with synths and strings. The song features Iyaz singing reggae-rhythmed hook, as New Boyz deliver their lines in a ’sing-song’ style over a electronic beat and pop hooks. The lyrics refer to them ‘emptying their wallets to keep the attention of their desired girlfriends,’ through lines such as, ‘Had to scrape for some change / So I went to the bank / When I see her she was so fine like that / So I hit it right back pull out more stacks / She make me wanna break my bank.’
-
Donate $1 to keep this channel going – Thank you:
http://meseed.com/donate
Visit:
http://MeTee.com/coupon/SubscribeForNews Our channel sponsor. If you would like to be a channel sponsor for 30 days for $1/day private message me.
-
This channel is like the 5+ year running:
http://www.youtube.com/MOXNEWSd0tCOM (has been named many different channel names over 5 years), but it’s not related.
Subscribe for more news. Like/Dislike, Comment, Favorite and share on Twitter, Facebook, and Google+ to get the word out on this video.
-
Take any of my videos and put them on your channel with a more interesting title (never know if this channel will get taken down):
http://www.keepvid.com Archive this video with keepvid.
Signup for the Daily News Email Subscription:
http://tinyurl.com/OneEmailDaily
Duration : 0:5:34
http://www.StockMarketFunding.com FOMC Meeting November 2011 – Bernanke Keeps Interest Rates Low (LIVE) testimony of Ben Bernanke’s statements on the US Economy. The Federal Reserve noted that they plan to keep lending rates at low levels for the forseable futures.
Stocks remained elevated with the Dow Jones up 158 points to 11,815. The S&P 500 was up 16.02 points to 1,234.3. There were no real knee-jerk reactions to Bernanke’s statements and most of the message was consistant with what the market was looking for.
After moving sharply higher at the open, stocks have continued to perform well over the course of the trading day on Wednesday. The markets are recovering from the sell-off seen over the two previous sessions on the heels of some relatively upbeat employment data.
The major averages have pulled back off their best levels of the day in recent trading but continue to post strong gains. The Dow is up 192.57 points or 1.7 percent at 11,850.53, the Nasdaq is up 32.70 points or 1.3 percent at 2,639.66 and the S&P 500 is up 21.01 points or 1.7 percent at 1,239.29.
The strength on Wall Street is partly due to a positive reaction to a report from payroll process ADP showing a slightly bigger than expected increase in private sector employment in October.
The report said private sector employment increased by 110,000 jobs in October following an upwardly revised increase of 116,000 jobs in September. Economists had expected employment to increase by about 100,000 jobs compared to the addition of 91,000 jobs originally reported for the previous month.
While the job growth exceeded economist estimates, ADP noted that the recent moderate pace of private sector job creation is probably below a pace consistent with a stable unemployment rate.
Tags “economy” “us economy” “us economy nov 2011″ “smf street” “unemployment” “united states economy” “usa economy” “united states unemployment” inflation “stock market” “recession” “us savings rate” “unemployment benefits” “unemployment rate 2011″ “personal savings”
Duration : 0:19:30
PLS PRAY FOR THE VICTIMS OF TYPHOON ONDOY.
GOD BLESS YOU ALL
OR YOU CAN DONATE AT
http://www.redcross.org.ph/Site/PNRC/Default.aspx?S=48&SS=972
http://www.happyslip.com/2009/10/08/help-typhoon-and-flood-victims/
http://www.philippineaid.com/
GLOBE SMS
Your Donation to Red Cross via Globe Globe Advisory: You can only donate in these amounts: 5, 25, 50, 100 and 300. To donate send this to 2899
RED[space]AMOUNT
BANK DEPOSIT
Account Name: The Phil. Natl. Red Cross
METROBANK
Port Area Branch
Peso Acct.: 151-3-041-63122-8
Dollar Acct.: 151-2-151-00218-2
Type of Acct. : SAVINGS
Swift Code: MBTC PH MM
BANK OF THE PHIL. ISLANDS
Port Area Branch
Peso Acct.: 4991-0010-99
Type of Account: CURRENT
BANK OF THE PHIL. ISLANDS
UN Branch
Dollar Acct.: 8114-0030-94
Type of Account: SAVINGS
Swift Code: BOPI PH MM
THE MOST DEADLIEST TYPHOON THAT HIT PHILIPPINES? ONDOY
“ondoy”
“typhoon ondoy”
“bagyong ondoy”
“gma 7 typhoon ondoy”
“ABS-cbn”
“ondoy”
Metro Manila Floods due to Typhoon Ondoy
Breaking News: Storm ‘Ondoy’ International Name Ketsana @ RP, Flash
Tropical Storm Ondoy (Ketsana) Hits Manila
“Flowing Cars” During Storm Ondoy at UERM
Bagsik ng Bagyong Ondoy
Christine reyes flooded by bagyong ondoy
Ondoy’s Trail of Fury
Ondoy storm in meycauayan bulacan
Bagyong Ondoy
Cristine Reyes Stranded by Typhoon Ondoy
“ondoy”
“typhoon ondoy”
“storm ondoy”
“bagyong ondoy”
“ondoy vista verde”
“the most devastated typhon i ve ever encounter typhon ondoy”
“ondoy relief centers”
“ondoy typhoon”
“advisory suspension classes ondoy”
“death typhoon ondoy”
“gma 7 typhoon ondoy”
“manila flood ondoy”
“news about no classes because of typhoon ondoy”
“ondoy storm pics”
“ondoy typhoon pictures”
“photo marcos highway flood ondoy”
“typhoon ondoy track map”
“you tube aftermath of typhoon ondoy”
Duration : 0:3:11
Savers already struggling to generate returns due to record low interest rates have been dealt another blow with the news that at least 12 best buy deals were recently withdrawn or altered in a single week.
Andrew Hagger of Moneynet.co.uk said that in the seven days from May 28th, financial institutions including Barclays, Nationwide, Northern
Rock and Chelsea Building Society either scrapped market-leading products or “slashed” their returns.
ISAs and fixed-rate bonds were among the savings vehicles affected by the changes.
He added that consumers coming off fixed-rate products offering up to seven per cent annual interest who are looking to reinvest will be forced to join the “hoards of other customers chasing a handful of half-decent accounts”.
Duration : 0:0:43
Mr. Zafar M. Sheikh, director general of National Savings discusses the opportunities related to the insititute in current economic scenario. The interview is done for program maeshatnama hosted by Syed Azhar Bukhari and produced by Nabeel TIrmazi for Apna News.
Duration : 0:7:19
Apr 1 2011 Bloomberg — Bill Gross, manager of the world’s biggest bond fund at Pacific Investment Management Co., discusses the U.S. savings rate and Federal Reserve monetary policy. Gross speaks with Tom Keene and Ken Prewitt on Bloomberg Radio’s “Surveillance.” (This is an excerpt that was simulcast on Bloomberg Television.
FAIR USE NOTICE: This video may contain copyrighted material. Such material is made available for educational purposes only. This constitutes a ‘fair use’ of any such copyrighted material as provided for in Title 17 U.S.C. section 107 of the US Copyright.
Duration : 0:3:45