Cbs Moneywatchcom

MoneyWatch: How To Avoid Getting Laid Off

CBS MoneyWatch | Ron Brown | Posted 10.18.2011

Read More: Layoffs, Career Advice, Job Security, Ron Brown, Laid Off, Unemployment, CBS MoneyWatch.Com, Advice, Business News

The first thing you need to do is assess your vulnerability to these cuts on several levels. The first one would be based on your own personal perform...

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What Wall Street Thinks of Wall Street

Danny Groner | Posted 05.25.2011

Read More: John Anderson, Credit Default Swaps, Bob Mondello, Media, Wall Street Journal, Reuters, Wall Street 2, Movie, Greed, Wall Street: Money Never Sleeps, Shia LaBeouf, The American Prospect, Igor Kirman, Greed Is Good, Rick Newman, Gordon Gekko, U.S. News & World Report, Nouriel Roubini, CBS MoneyWatch.Com, Money, Oliver Stone, Film, Business, Npr, Newsday, Investing, Subprime Mortgages, Wall Street, Eric Schurenberg, Banking, Martin Fridson, Banks, Banking Crisis, Warren Buffett, Tim Fernholz, Michael Douglas, Entertainment News

With movie critics split on the film, here's a look at what Wall Street's real bankers -- and those who cover them -- had to say about the movie, its 1987 original, and the larger-than-life Gordon Gekko.

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The trouble with retirement planning calculators

Mark Miller | Posted 05.25.2011

Read More: Social Security, CBS MoneyWatch.Com, Inflation, Retirement Planning, Retirement, Retirement Funds, Saving for Retirement, Business News

How much do you need to save for retirement? You can get an idea by using any of the dozens of retirement calculator tools offered for free on the Internet. But a recent study on retirement forecasting shows that many popular calculators have serious flaws. Here's a rundown of the key things to look out for.

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Obama Wants to Steal Your 401(k)! And Why That May Be a Good Idea

Eric Schurenberg | Posted 05.25.2011

Read More: 401(K) Plans, 401(K), Hewitt Associates, CBS MoneyWatch.Com, 401(K) Reform, Tyler Durden, Pension Research Council, Wharton School, Tiaa-Cref, Business News

You'd think the stock market's 25% drop from its 2007 peak, not to mention the suspension of matching contributions at scores of 401(k) sponsors, was apocalyptic enough to keep the conspiracy theorists busy. But apparently not.

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Feds' Decision to Boot Medicare Drug Plan, A Good Start

Mark Miller | Posted 05.25.2011

Read More: Medicaid, Medicare, Healthcare Reform, CBS MoneyWatch.Com, Medicare Part D, Healthcare, Business News

The Federal government ejected a big insurance company from the Medicare prescription drug program today--an unprecedented move and a shot in the arm for health care reform advocates.

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Economic Recovery? History Says No Way. Not Yet.

Eric Schurenberg | Posted 05.25.2011

Read More: Jeremy Siegel, U.S Treasury Bonds, Inflation-Protected Bonds, Default, CBS MoneyWatch.Com, Kenneth Rogoff, Tips, Carmen Reinhart, Budget Deficit, Asian Currency Crisis, Business News

Both the boom and its panicky finale fit neatly into a long, human tradition of greed, self-deception and financial folly. We're human. We can't help it. Sigh.

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What Has Financial Innovation Ever Done for You?

Eric Schurenberg | Posted 05.25.2011

Read More: Financial Innovation, CBS MoneyWatch.Com, Paul Volcker, Nathan Hale, Consumer Financial Protection Agency, Business News

Most financial innovations for consumers tend to be ways to fatten profits for financial service providers by rendering simple products more complicated. They usually only cater to fear and greed.

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China's Boom: The Sure Thing Not to Bet On in 2010

Eric Schurenberg | Posted 05.25.2011

Read More: Chinese Economy, James Kwak, Cbs, CBS MoneyWatch.Com, Larry Swedroe, Emerging Markets, The Baseline Scenario, Business News

If it's so clear that this is China's year, how are you going to make money betting on it? What's obvious to you is also obvious to everyone with a 401(k) account.

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Now Time Magazine Blasts the 401(k)

Eric Schurenberg | Posted 05.25.2011

Read More: 401(K) Plans, 401(K), Steve Gandel, Retirement Plans, Time Magazine, 401(K) Reform, CBS MoneyWatch.Com, Media News

This week's Time Magazine cover story looks at the nation's de facto retirement program, the ubiquitous 401(k), and pronounces it inadequate. Welcome to the club.

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Are We in Another Bubble?

Eric Schurenberg | Posted 05.25.2011

Read More: Hedgehog, Gluskin Sheff, Nouriel Roubini, CBS MoneyWatch.Com, Philip Tetlock, Carry Trade, Warren Buffett, Asset Bubble, David Rosenberg, James Paulsen, Wells Capital, Larry Swedroe, Business News

While Nouriel Roubini believes we're finally pulling out of the current financial crisis, he says the next Big One will strike in six to 12 months.

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Does the Senate Bill Hurt Retirees?

Eric Schurenberg | Posted 05.25.2011

Read More: Health Care Reform, Paul Fronstin, Medicare, Employee Benefits Research Institute, CBS MoneyWatch.Com, Donut Hole, Politics News

The Senate bill is all but certain to be approved, but the question has been raised: Does reform make things worse for retirees?

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Why China Is Dangerous for Your Money

Eric Schurenberg | Posted 05.25.2011

Read More: Fitch Ratings, Jim Grant, Jill Schlesinger, CBS MoneyWatch.Com, Larry Swedroe, China Economy, Nathan Hale, Credit Quality, Business News

You don't quadruple loan volume during a recession by tightening lending standards. Loose lending leads to inflation or defaults or both. And if any country's banking system has too much of it, the end isn't pretty.

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