We've been watching the market's volatile ebbs and flows and let it affect our moods since summertime. Following the stock market isn't necessarily the most productive way to worry, but many people just can't keep themselves from finding out how far the Dow dropped for the day. Publicly traded companies make up the stock market — can you match the company to its stock ticker?
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Most of you aren't fans of the government bailing out private banks, but the market reacted more than kindly to the government's announcement that it may create an agency to buy bad debt from banks. Bad debt refers to the mortgage-related assets that were the Achilles heel to once Wall Street giants Lehman Brothers and Bear Stearns.
The market showed its largest percentage point gain in six years but is still down for the week.
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Just as political parties have their token animals, so do market conditions; a bull and bear are used to characterize the state of the market.
The terms are often thrown around by financial news personalities and are on the tips of investors' tongues. Do you know the difference between a bull and bear market?
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Unless you're hooked up with a bullet and foolproof investment plan, chances are your retirement savings have taken a beating over the past many months. You're not alone! My 401(k) has been dragged through the trenches and the result is not pretty.
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