Friday, 12 July 2013

First-half stock fund performance, portfolios with gold and does market confidence matter

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USA TODAY - Personal Finance July 12
NEWS SPORTS LIFE MONEY TECH TRAVEL OPINION WEATHER
Recycled gold ingots on display in Paris.
Ask Matt: Gold doesn't make for diversified portfolio

Ask Matt: Why do investors keep thinking gold will hold its value no matter what?
Traders on the floor of the New York Stock Exchange on Thursday.
Why rising confidence is key to market fortunes

Rising confidence means consumers will likely spend more on cars, houses, lattes and the like.
Stock mutual funds soared an average 12.8% in the first quarter through Wednesday.
Stock funds score solid gains in first half

Health and biotechnology funds were the leading sectors, jumping an average 20.8%.

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MORE HEADLINES
Political family patriarch Joe Kennedy, circa 1955.
columnist
Investing: Contrarians rarely succeed
Beware of phony contrarians: They'll only get you into trouble.
University of Houston freshman Kelsey Anderson wheels her belongings into the dorm in August 2012.
Personal Finance
Target plans reality show for back-to-college
Target kicks off the back-to-college marketing season.
Parts of the ramp leading to the Atlantic City Boardwalk remained damaged on June 26. Atlantic City and Ocean City both are in the top 10 cities with plummeting wages, partly due to damage from Hurricane Sandy.
Personal Finance
Cities where wages are plummeting
In most cities, wages have increased. But workers are struggling in these areas.
The rate on a 30-year fixed-rate mortgage hit a two-year high last week, hitting 4.51%
Personal Finance
Rate on 30-year mortgage hits 2-year high
Mortgage rates continue to rise, reaching a two-year high last week
Salesman Carlos Brittain gets Ed Webster familiar with a Chrysler 300 that Webster wants to buy. Car dealers are now finding that subprime lending is back with a vengeance, helping to fuel the robust recovery in the industry.
Personal Finance
Car dealers no longer fear bruised credit
Lenders are more willing to back subprime loans after shying away from them during the recession.
Corporate stress from higher interest rates will come on slowly if at all.
columnist
Ask Matt: Should companies fret about rising rates?
Corporate stress from higher rates will come on slowly, if at all.
New York Gov. Andrew Cuomo speaks at the University at Buffalo Law School.
Personal Finance
N.Y. finds $1.1B in unpaid life insurance nationwide
Insurance companies weren't using Social Security list of recent deaths, will start now.

 

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