Day traders adapt to a shrinking market
Miami traders describe changes as the market cools after a tech stock decline. Architects turned traders like Jorge de la Torriente and others shift to safer or different strategies while some bail out for steadier incomes.
MENTIONED IN THIS ARTICLE
Knight Ridder
Miami
Jorge de la Torriente
de la Torriente
Broadway Trading
Phillip Mujica
Pembroke Pines
Fla
Intel
Mujica
Martin Butler
Boca Raton
Dell
Hernin
Joe Rimkus
Money funds fall in latest week
The seven day average yield on money market mutual funds dropped to 5.17 percent from 5.24 percent with the 30 day yield sliding to 5.34 percent from 5.45 percent. Bankrate online yields for money market accounts slipped to 2.04 percent while six month CDs fell to 4.53 percent. Total money market assets rose to 2.033 trillion as of the latest week, with taxable retail funds at 893.72 billion and institutional funds at 953.53 billion.
MENTIONED IN THIS ARTICLE
New York
Money Market
Money Fund Report
iMoneyNet Inc
Westboro
Mass
Money Funds
Bankrate.com
North Palm Beach
Bankrate Inc
Investment Company Institute
Tax timing for mortgage interest deductions and payments
Readers ask if paying January mortgage early in December affects 2000 tax deductions. The bank can report interest on 1098 forms if payment is received by year end. paying early is legal and can raise deductions but must match amounts with the bank to avoid IRS audits. An estate planning expert recommends consulting a qualified attorney for large estates and provides contact details for referrals.
MENTIONED IN THIS ARTICLE
Ber
IRS
Rhode Island
Rhode Island Bar Association
Reverse mortgages aid elderly cash flow in retirement
The article describes how seniors, often 75 plus and house rich but cash poor, use reverse mortgages to access home equity while living at home. Borrowers may receive lump sums or monthly payments, with options insured by FHA and backed by programs like Home Keeper and private jumbo products.
MENTIONED IN THIS ARTICLE
New York
America
Federal Housing Administration
Fannie Mae
Financial Freedom Senior Funding Corp
Irvine
Calif
Financial Freedom
Jim Mahoney
Also Mentioned on This Page
Microsoft
Rentfree
Deerfield Beach
Butler
Ivan Katz
Firstlown Consulting, Ing
Glass Road
Cedar Rapids
pLcom
David.Ernst
David B. Ernst
LINSCO/ PRIVATE LEDGER
Membi
Liz Pulliam
Liz.pulliam
Latimes
Los Angeles Times
First St
Los Angeles
L.A. Times
Ken Scholen
AARP
Home Equity Information Center
Scholen
New York Life
Vicko, Vigko,& Selk
Jack Selk
B.S
M.S
10Th St
Steve Vicko
Center Point Rd
Mueller Tax Service
Iowa
Johnson Ave
Carol Sanderson
6Th St
Marion
Krista Sebastian
First Mortgage Centre
Blairs Ferry Rd
George Loshbaugh
Real Y Laretangi
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!