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Posts Tagged ‘Banking and Finance’

Economic recovery: Probably not too hot, not too cold (access required)

by Rebecca Tonn Published: October 9,2009

Tags: Banking and Finance, recession and recovery, Scout Investment Advisors, William B. Greiner

Lately, there’s “never a dull moment” in the economy, said William B. Greiner, chief investment officer of Scout Investment Advisors. “We’ll see continued uncertainty — but nowhere near what we’ve seen for the last 18 months,” Greiner said. “We’ve been calling the (end of the) recession, but the ferocity of the rebound will be a little [...] [...]

Now you can rest in peace  (access required)

by Rebecca Tonn Published: September 25,2009

Tags: Banking and Finance, June Walbert, USAA

According to Bankrate.com, 57 percent of Americans don’t have a will. Pardon me, but having a will and creating a simple trust is essential to preserving one’s legacy. (This should not be an “aha” moment — but if it is, do yourself and your heirs a favor and make a will already.) Recently at The Broadmoor, Certified Financial [...] [...]

More regulations merely muddy the financial waters  (access required)

by Rebecca Tonn Published: September 11,2009

Tags: Banking and Finance, regulation

Many people want financial industry reform. And few want to see a return to the unstable, “innovative” (read, downright precarious) collateralized debt obligations and complicated financial structures of the past decade. But more regulation, proposed by the Obama administration, is not the answer, said Mariner Kemper, chairman and CEO of UMB Financial Corp. While Kemper is “eager” [...] [...]

Back to the basics for investing (access required)

by Rebecca Tonn Published: September 4,2009

Tags: Banking and Finance, Financial Planning

No easy path to long-term financial success For a few wild, delirious years, investing seemed glamorous and easy. One merely had to dabble absentmindedly in equities, snapping up the latest hottest stocks like so many baubles in a jewelry store, and then sit back and count the glittery profits. But reality has checked into the hotel to stay. And [...] [...]

Crowley declares recession over  (access required)

by Rebecca Tonn Published: September 4,2009

Tags: Banking and Finance, Dr. Fred Crowley, recession, Southern Colorado Economic Forum

Mornings are chilly, cherries are already out of season and its dark by 8 p.m. — yes, it’s that time of year again. Time for a sneak preview of the Southern Colorado Economic Forum, that is. (If you thought I’d say something cliché about the “crisp feel of autumn in the air,” then you don’t read this [...] [...]

Investing isn’t what it used to be  (access required)

by Rebecca Tonn Published: September 4,2009

Tags: Banking and Finance, investing

One of the keys to a happy healthy retirement in the future is “living within your means,” now — so there’s money to save and invest. And for all the investors who thought they were doing the right thing — spending sensibly, saving prodigiously and investing steadily — but still were beaten soundly by Wall Street, [...] [...]

Quick financial fix can be a long-term nightmare  (access required)

by Rebecca Tonn Published: August 28,2009

Tags: Banking and Finance, borrowing

Why borrowing from the future doesn’t really help in the here and now Wall Street is cautiously peeking its head out from under the rubble. But economic revival is not yet translating to recovery on Main Street. Concerned about rising debt, some employees are withdrawing money from their retirement accounts, and many have stopped contributing. Financial Finesse Inc., which [...] [...]

Time to get our minds right  (access required)

by Rebecca Tonn Published: August 28,2009

Tags: Banking and Finance, economy

Average investors have a “permanent buy-side bias,” said John O’Donnell, chief knowledge officer of Online Trading Academy. Sounds serious, if not terminal — but it can be overcome. “Part of the challenge is to bridge the gap between the public’s perception and reality,” he said. People “always look to buy something of good value — but that’s generated [...] [...]

Believe it: There is a light at end of recession tunnel  (access required)

by Rebecca Tonn Published: July 31,2009

Tags: Banking and Finance

It’s time to check the pulse of Colorado’s economy — either that or there was a dearth of local financial seminars this week. Go figure. It’s July and half the city, it would seem, is on vacation. Notwithstanding, yours truly still remembers the good old days, say, last summer, when she interviewed economists who said only a [...] [...]

Forget identity crisis, entity crisis is much, much worse  (access required)

by Rebecca Tonn Published: July 24,2009

Tags: Banking and Finance

Entrepreneurism is in the air. It was the week for how-to-choose-a-business-entity seminars in Colorado Springs. Here are two of this week’s take-aways — (and, yes, it’s permissible to roll one’s eyes at the euphemism.) One: It’s OK it structure your business so that you legally pay the least amount of taxes possible, according to Chris Blees, CEO [...] [...]

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