Tag Archives: CINergy
In this month’s visit, I’ll explain how a decent cash reserve can add sparkle to your investment results in 2006. I’ll also introduce you to the highestyielding safe vehicles for your cash, such as FDIC-insured bank accounts that will boost your income over almost any money market fund. For the belt-and-suspenders folks among us, I’ll show you how to buy T-bills (the safest investment on Earth) without ncurring a dime in commissions.
The financial news media are bristling these days with forecasts for the New Year. No surprise there; it’s a common occurrence in December — and, most years, a harmless enough exercise. I’ve been known to throw out a few fearless predictions myself!
Wall Street is healthier than it may look on the surface. One sign is the continuing drumbeat of takeover bids. In recent weeks, we’ve had SBC Communications go after AT&T, while Verizon and Qwest have battled it out over MCI. Kirk Kerkorian, for reasons I still can’t quite fathom, last week made a tender offer for $868 million worth of General Motors shares.
Maybe it’s just because a lot of traders are out on vacation. But the stock market has acted surprisingly listless of late.
Last spring, it seemed nothing could hold the market back. Stocks went up on any scrap of good news, and even bad news triggered only the briefest selling squalls.