January 2011
19 posts
6 tags
4 tags
Investment picks by the wealthy
The rich intend to invest in 2011. After long-only equities, the second most popular investment choice is hedge funds.
It’s clear why hedge funds, the lightly-regulated investments open to those who can meet the high price of entry, are gaining popularity again.
The third quarter of 2010 saw the largest-ever quarterly increase of $149 billion in assets, according to Hedge Fund Research, or HFR,...
3 tags
5 tags
5 tags
Banks: Fairly regulated or being regulated out of...
A “tsunami of new rules and restrictions,” says Wayne Abernathy, executive vice president of the American Bankers Association, or ABA, has forced banks to devote more resources to regulatory matters.
“The biggest risk to banking today has become regulatory risk,” says Abernathy.
Though we can easily argue that more oversight seems like a step in the right direction, the banks have some cause to...
5 tags
4 tags
7 tags
6 tags
Where the wealthy will invest this year
The rich will say so long to safe haven investments this year. The wealthy are tired of earning low yields while watching the stock market go up.
“People by nature become more risk-taking when the economy improves. Obviously, they’re feeling more comfortable with risk and want to avoid low yields,” says Brent Fykes, senior investment partner at GenSpring, a multifamily office catering to families...
4 tags
3 tags
WatchSneak peek: A mortgage rate forecast for 2011
Buying a home in the near future? It may behoove you to see what kind of rates Bankrate experts are calling for in 2011.
4 tags
4 tags
5 tags
4 tags
6 tags
Another nail in the coffin for free checking &...
Free checking accounts and debit card rewards are already becoming a thing of the past. New federal rules that restrict overdraft fees cut into the banks’ bottom line. So the Fed’s latest plans for debit fee limits may just bring these endangered products into extinction.
The Fed recently proposed new limits on how much banks can charge merchants for debit card transactions. The rules would limit...
4 tags
7 tags
3 tags
Watch5 myths about going green