Don’t Fixate On Income When Investing

Everyone needs to save money for a rainy day. To achieve this, you can look at different ways to increase your income and boost your savings. One of the most popular ways to get additional income is investing.

Investing requires a certain degree of calculation and risk assessment. You need to understand the risks involved and employ the safest means to get a good return. With most people considering long term locking-in of capital too risky, they are increasingly investing in stocks and bonds that give a continuous stream of income. However, if you fixate on a portfolio that is not diversified enough in terms of cash flows that it generates, you may lose money in the long term. [Read more…]

Credit Organizations Charged with Worsening the Recession

An 18-month investigation by the Senate Permanent Subcommittee on Investigations, led by Senator Carl Levin has revealed that credit organizations played a major role in worsening the economic downturn.

Credit rating agencies (CRAs) such as Moody’s Investors Service and Standard and Poor’s Ratings Services have been accused of grave irresponsibility and unethical practices. Several internal emails exchanged among the internal employees of these agencies show that the agencies were perfectly aware of the consequences of their actions. [Read more…]