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MarketWatch.com - All MarketWatch News - Personal Finance

Jennifer Openshaw: Five unforgettable predictions from 2008 that were dead wrong
Mon, 05 Jan 2009 19:18:00 -0500
In 2008, we certainly learned why some folks shouldn’t try to make predictions about the economy. pa href="http://feedads.googleadservices.com/~a/yml8i1aX7UBVt4LTIPEQ88Us6eA/a"img src="http://feedads.googleadservices.com/~a/yml8i1aX7UBVt4LTIPEQ88Us6eA/i" border="0" ismap="true"/img/a/pdiv class="feedflare" a href="http://feeds.marketwatch.com/~f/marketwatch/pf?a=NrfjbeQW"img src="http://feedproxy.google.com/~f/marketwatch/pf?d=41" border="0"/img/a a href="http://feeds.marketwatch.com/~f/marketwatch/pf?a=fyeDiBhX"img src="http://feedproxy.google.com/~f/marketwatch/pf?i=fyeDiBhX" border="0"/img/a a href="http://feeds.marketwatch.com/~f/marketwatch/pf?a=ESG6vPch"img src="http://feedproxy.google.com/~f/marketwatch/pf?i=ESG6vPch" border="0"/img/a a href="http://feeds.marketwatch.com/~f/marketwatch/pf?a=Lgo8gByU"img src="http://feedproxy.google.com/~f/marketwatch/pf?d=52" border="0"/img/a /divimg src="http://feedproxy.google.com/~r/marketwatch/pf/~4/NKOgaAJaLJc" height="1" width="1"/
Paul B. Farrell: 15 reminders that Wall Street's con game goes on 10 years later
Mon, 05 Jan 2009 19:14:00 -0500
All this Wall Street happy-talk nonsense reminds me of the 2000-2002 bear-recession. For 30 months the best and brightest minds on Wall Street were all over the media hustling us: “Market’s hit bottom,” “recovery’s started,” “jump back in now!” Meanwhile “Mr. Market” sank deeper, laughing at their absurd hype, while Wall Street lost $8 trillion of investors’ money. pa href="http://feedads.googleadservices.com/~a/izb7GGiUamUDbVJgYLW-Ch_iko8/a"img src="http://feedads.googleadservices.com/~a/izb7GGiUamUDbVJgYLW-Ch_iko8/i" border="0" ismap="true"/img/a/pdiv class="feedflare" a href="http://feeds.marketwatch.com/~f/marketwatch/pf?a=Mp5Gv4T2"img src="http://feedproxy.google.com/~f/marketwatch/pf?d=41" border="0"/img/a a href="http://feeds.marketwatch.com/~f/marketwatch/pf?a=yqEFAtLM"img src="http://feedproxy.google.com/~f/marketwatch/pf?i=yqEFAtLM" border="0"/img/a a href="http://feeds.marketwatch.com/~f/marketwatch/pf?a=gKotOpiS"img src="http://feedproxy.google.com/~f/marketwatch/pf?i=gKotOpiS" border="0"/img/a a href="http://feeds.marketwatch.com/~f/marketwatch/pf?a=FFwr8hwv"img src="http://feedproxy.google.com/~f/marketwatch/pf?d=52" border="0"/img/a /divimg src="http://feedproxy.google.com/~r/marketwatch/pf/~4/LmSY6y7m6Hg" height="1" width="1"/
Consumer Banking: Despite the bad news, bank customers will find some deals in 2009
Mon, 05 Jan 2009 18:50:00 -0500
Despite some dire financial predictions for 2009, good news is in store for savvy consumers -- if you have good credit and are proactive at looking for banks’ deals and perks. pa href="http://feedads.googleadservices.com/~a/V_ONJMIm0p0SsJVJ-NTX_LPivOY/a"img src="http://feedads.googleadservices.com/~a/V_ONJMIm0p0SsJVJ-NTX_LPivOY/i" border="0" ismap="true"/img/a/pdiv class="feedflare" a href="http://feeds.marketwatch.com/~f/marketwatch/pf?a=TXt6Dwaw"img src="http://feedproxy.google.com/~f/marketwatch/pf?d=41" border="0"/img/a a href="http://feeds.marketwatch.com/~f/marketwatch/pf?a=rLFfqg0W"img src="http://feedproxy.google.com/~f/marketwatch/pf?i=rLFfqg0W" border="0"/img/a a href="http://feeds.marketwatch.com/~f/marketwatch/pf?a=lnd4kDdm"img src="http://feedproxy.google.com/~f/marketwatch/pf?i=lnd4kDdm" border="0"/img/a a href="http://feeds.marketwatch.com/~f/marketwatch/pf?a=0Ky3RnIL"img src="http://feedproxy.google.com/~f/marketwatch/pf?d=52" border="0"/img/a /divimg src="http://feedproxy.google.com/~r/marketwatch/pf/~4/wKLYkLmeC0g" height="1" width="1"/
Auto Review: The best cars of 2008, including the Car of the Year
Mon, 05 Jan 2009 16:51:00 -0500
MarketWatch auto reviewer Ron Amadon selects the top cars from among those he test drove this year. pa href="http://feedads.googleadservices.com/~a/mqjpklP0sTpFex249e1yZgu1AJ8/a"img src="http://feedads.googleadservices.com/~a/mqjpklP0sTpFex249e1yZgu1AJ8/i" border="0" ismap="true"/img/a/pdiv class="feedflare" a href="http://feeds.marketwatch.com/~f/marketwatch/pf?a=4Kt5LV80"img src="http://feedproxy.google.com/~f/marketwatch/pf?d=41" border="0"/img/a a href="http://feeds.marketwatch.com/~f/marketwatch/pf?a=oTgMR9or"img src="http://feedproxy.google.com/~f/marketwatch/pf?i=oTgMR9or" border="0"/img/a a href="http://feeds.marketwatch.com/~f/marketwatch/pf?a=O9VqI1Tj"img src="http://feedproxy.google.com/~f/marketwatch/pf?i=O9VqI1Tj" border="0"/img/a a href="http://feeds.marketwatch.com/~f/marketwatch/pf?a=8INVi3Im"img src="http://feedproxy.google.com/~f/marketwatch/pf?d=52" border="0"/img/a /divimg src="http://feedproxy.google.com/~r/marketwatch/pf/~4/DuhglKFiyAs" height="1" width="1"/
Treasury, foreign-currency ETFs provided shelter in brutal 2008
Mon, 05 Jan 2009 16:04:00 -0500
Most exchange-traded funds track stock indexes, so investing in them last year was like jumping in a stormy ocean with a thousand-pound anchor chained around your waist. pa href="http://feedads.googleadservices.com/~a/mDjKQNcgnNSp_6RgMPFztvDs094/a"img src="http://feedads.googleadservices.com/~a/mDjKQNcgnNSp_6RgMPFztvDs094/i" border="0" ismap="true"/img/a/pdiv class="feedflare" a href="http://feeds.marketwatch.com/~f/marketwatch/pf?a=I2u1LQfu"img src="http://feedproxy.google.com/~f/marketwatch/pf?d=41" border="0"/img/a a href="http://feeds.marketwatch.com/~f/marketwatch/pf?a=6x141kMR"img src="http://feedproxy.google.com/~f/marketwatch/pf?i=6x141kMR" border="0"/img/a a href="http://feeds.marketwatch.com/~f/marketwatch/pf?a=kQDSwVrQ"img src="http://feedproxy.google.com/~f/marketwatch/pf?i=kQDSwVrQ" border="0"/img/a a href="http://feeds.marketwatch.com/~f/marketwatch/pf?a=3dQZYlAI"img src="http://feedproxy.google.com/~f/marketwatch/pf?d=52" border="0"/img/a /divimg src="http://feedproxy.google.com/~r/marketwatch/pf/~4/rQeqal5TeYQ" height="1" width="1"/
International fund investors see 2009 recovery after grim 2008
Mon, 05 Jan 2009 15:57:00 -0500
While much of the focus of the past year was on the carnage in U.S. markets, the biggest hit to many investment portfolios came from international stock holdings. pa href="http://feedads.googleadservices.com/~a/srA7_1ZHb88wmmzh84AJzWvYluM/a"img src="http://feedads.googleadservices.com/~a/srA7_1ZHb88wmmzh84AJzWvYluM/i" border="0" ismap="true"/img/a/pdiv class="feedflare" a href="http://feeds.marketwatch.com/~f/marketwatch/pf?a=jZbK4DXO"img src="http://feedproxy.google.com/~f/marketwatch/pf?d=41" border="0"/img/a a href="http://feeds.marketwatch.com/~f/marketwatch/pf?a=9FvwRmFb"img src="http://feedproxy.google.com/~f/marketwatch/pf?i=9FvwRmFb" border="0"/img/a a href="http://feeds.marketwatch.com/~f/marketwatch/pf?a=EHQV0GQY"img src="http://feedproxy.google.com/~f/marketwatch/pf?i=EHQV0GQY" border="0"/img/a a href="http://feeds.marketwatch.com/~f/marketwatch/pf?a=FObGQeWC"img src="http://feedproxy.google.com/~f/marketwatch/pf?d=52" border="0"/img/a /divimg src="http://feedproxy.google.com/~r/marketwatch/pf/~4/zp21Y9fDgoc" height="1" width="1"/
Personal Finance Daily: Get a handle on all your job skills because you may need them
Mon, 05 Jan 2009 13:21:00 -0500
While everyone fretted over housing’s downfall last year, the job market quietly sank into the dumps as well -- until by the end of the year, with more than 500,000 jobs being lost in December alone, the employment outlook overshadowed our other economic woes. pa href="http://feedads.googleadservices.com/~a/yOXY6gGLZYhquXdJkAdDsuIMDPw/a"img src="http://feedads.googleadservices.com/~a/yOXY6gGLZYhquXdJkAdDsuIMDPw/i" border="0" ismap="true"/img/a/pdiv class="feedflare" a href="http://feeds.marketwatch.com/~f/marketwatch/pf?a=0QqgHR2x"img src="http://feedproxy.google.com/~f/marketwatch/pf?d=41" border="0"/img/a a href="http://feeds.marketwatch.com/~f/marketwatch/pf?a=MZXnLKYN"img src="http://feedproxy.google.com/~f/marketwatch/pf?i=MZXnLKYN" border="0"/img/a a href="http://feeds.marketwatch.com/~f/marketwatch/pf?a=hkVHKLPu"img src="http://feedproxy.google.com/~f/marketwatch/pf?i=hkVHKLPu" border="0"/img/a a href="http://feeds.marketwatch.com/~f/marketwatch/pf?a=UflxdBD0"img src="http://feedproxy.google.com/~f/marketwatch/pf?d=52" border="0"/img/a /divimg src="http://feedproxy.google.com/~r/marketwatch/pf/~4/AwS18On575I" height="1" width="1"/
Economic Report: U.S. construction spending falls 0.6% in November
Mon, 05 Jan 2009 11:26:00 -0500
Outlays for construction projects in the United States fall a seasonally adjusted annual rate of 0.6% in November, undermined by a drop in outlays on home construction, government data show. pa href="http://feedads.googleadservices.com/~a/j84S-fzFMCMbIc_NChI3dVE0wTM/a"img src="http://feedads.googleadservices.com/~a/j84S-fzFMCMbIc_NChI3dVE0wTM/i" border="0" ismap="true"/img/a/pdiv class="feedflare" a href="http://feeds.marketwatch.com/~f/marketwatch/pf?a=fuz34EYp"img src="http://feedproxy.google.com/~f/marketwatch/pf?d=41" border="0"/img/a a href="http://feeds.marketwatch.com/~f/marketwatch/pf?a=21R7TKn4"img src="http://feedproxy.google.com/~f/marketwatch/pf?i=21R7TKn4" border="0"/img/a a href="http://feeds.marketwatch.com/~f/marketwatch/pf?a=2O3eRRlD"img src="http://feedproxy.google.com/~f/marketwatch/pf?i=2O3eRRlD" border="0"/img/a a href="http://feeds.marketwatch.com/~f/marketwatch/pf?a=EG9jjTkA"img src="http://feedproxy.google.com/~f/marketwatch/pf?d=52" border="0"/img/a /divimg src="http://feedproxy.google.com/~r/marketwatch/pf/~4/p29Ptn1ErKs" height="1" width="1"/
Economic Preview: 2008's legacy may be a loss of 2 million-plus jobs
Mon, 05 Jan 2009 11:07:00 -0500
Year 2008 has passed away, but recessionary data are still alive and kicking. The govenment this week is expected to report a loss of 500,000 jobs in December, which would mean that more than 2 million jobs were lost in 2008. pa href="http://feedads.googleadservices.com/~a/o-xTgHSGcbHftdn4zcJtmQnehac/a"img src="http://feedads.googleadservices.com/~a/o-xTgHSGcbHftdn4zcJtmQnehac/i" border="0" ismap="true"/img/a/pdiv class="feedflare" a href="http://feeds.marketwatch.com/~f/marketwatch/pf?a=VF2PjySw"img src="http://feedproxy.google.com/~f/marketwatch/pf?d=41" border="0"/img/a a href="http://feeds.marketwatch.com/~f/marketwatch/pf?a=ul9NrUz9"img src="http://feedproxy.google.com/~f/marketwatch/pf?i=ul9NrUz9" border="0"/img/a a href="http://feeds.marketwatch.com/~f/marketwatch/pf?a=t2RwCGof"img src="http://feedproxy.google.com/~f/marketwatch/pf?i=t2RwCGof" border="0"/img/a a href="http://feeds.marketwatch.com/~f/marketwatch/pf?a=8QMHJ2FT"img src="http://feedproxy.google.com/~f/marketwatch/pf?d=52" border="0"/img/a /divimg src="http://feedproxy.google.com/~r/marketwatch/pf/~4/tT3S-LnQ3Zk" height="1" width="1"/
U.S. construction spending down 0.6% in November
Mon, 05 Jan 2009 10:00:25 -0500
WASHINGTON (MarketWatch) -- Outlays for construction projects in the United States fell by a seasonally adjusted annual rate of 0.6% in November after an upwardly revised drop of 0.4% in October, the Commerce Department reported Monday. Spending on residential projects fell 4.1%, while spending on private-sector nonresidential construction rose 0.7%. Total outlays are down 3.3% in the past year. Private residential construction, which fell 4.2%, reached the lowest level since August 1999. pa href="http://feedads.googleadservices.com/~a/9XHtHW1tVsfy3-47BESLX2HyyHg/a"img src="http://feedads.googleadservices.com/~a/9XHtHW1tVsfy3-47BESLX2HyyHg/i" border="0" ismap="true"/img/a/pdiv class="feedflare" a href="http://feeds.marketwatch.com/~f/marketwatch/pf?a=AonlBcWu"img src="http://feedproxy.google.com/~f/marketwatch/pf?d=41" border="0"/img/a a href="http://feeds.marketwatch.com/~f/marketwatch/pf?a=zhcjiJi0"img src="http://feedproxy.google.com/~f/marketwatch/pf?i=zhcjiJi0" border="0"/img/a a href="http://feeds.marketwatch.com/~f/marketwatch/pf?a=6i6Rpg3i"img src="http://feedproxy.google.com/~f/marketwatch/pf?i=6i6Rpg3i" border="0"/img/a a href="http://feeds.marketwatch.com/~f/marketwatch/pf?a=5zFIDwll"img src="http://feedproxy.google.com/~f/marketwatch/pf?d=52" border="0"/img/a /divimg src="http://feedproxy.google.com/~r/marketwatch/pf/~4/BpWXR9ASSDA" height="1" width="1"/

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 Word of the day 

Merriam-Webster's Word of the Day for January 05, 2009 is:

elysian • \ih-LIZH-un\ • adjective, often capitalized
1 : of or relating to Elysium *2 : blissful, delightful

Example sentence:
"The summer, in some climates, makes possible to man a sort of Elysian life." (Henry David Thoreau, Walden)

Did you know?
In classical mythology Elysium, also known as the Elysian Fields, was the paradise reserved for the heroes immortalized by the gods. Ancient Greek poets imagined it as the abode of the blessed after death. The first known use of the place-name as a word for a blissful state enjoyed by mere mortals is found in Shakespeare's Henry V. Following the Bard, many other writers over the centuries have used "Elysium," as well as "Elysian Fields," to refer to paradisiacal places or states. Samuel Johnson (1709-1784) was the first to summon "Elysian" as an adjective for the blissful quality emanating from such places.

*Indicates the sense illustrated in the example sentence.