(70 minutes left until Thursday’s over) Hi, everyone! Welcome to this week’s Finance Fiesta! It’s always a festive time, with fantastic financial fun for all. Without further frolicking, here’s are this week’s fine posts: (69 minutes) Surfer Sam gives a good description of many aspects of mortgage loans. (66 minutes) College Finance 101 doesn’t mince words and says that a bad credit score can ruin you. (At least for a good long time.) (64 minutes) Free Money Finance shares three tips to g

by Rob Viglione The terms “credit crisis” and “housing bust” will be forever stamped upon our generation. Many ordinary and not-so-ordinary people are suffering, and there’s a growing public discontent for the way things have been done. Some are calling for the dissolution of Capitalism in America, declaring that we finally have proof of the failings of free enterprise! The truth is quite to the contrary. This financial meltdown was largely caused and absolutely perpetuited by a series of gover

WASHINGTON — Warned that time was running short to bolster the distressed economy, congressional Republicans and Democrats reported agreement in principle Thursday on a $700 billion bailout of the financial industry, and said they would present it to the Bush administration in hopes of a vote within days. Emerging from a two-hour negotiating session, Sen. Chris Dodd, D-Conn., said, "We are very confident that we can act expeditiously." "I now expect that we will indeed have a plan that can pa

I see that almost everyday when I meet a client dealing with a broker. I look at his stocks and most of them are Canadians. Even worst, he has every single big company based in our province. Even when I look at my trading portfolio, most stocks are Canadians. Is our market that good? Or our knowledge that limited? I would say that the answer lies in the fact that we prefer buying company that we know, that we can see than company that we can only read about. People who we