Money Matters - Simplified


Fifth generation stealth to be inducted into USAF

In a mission to boost its aircraft fleet, the U.S. government has decided to implement fifth generation stealth technology in the U.S. Air Force (USAF).

Bill Gross Is Buying This. Should You?

 The bond market has gone into free fall in recent weeks. But bond guru Bill Gross apparently thinks it's much ado about nothing -- and he's letting his money do the talking for him.


Are These Stocks Better Than Berkshire?

 When it comes to stocks, few companies inspire more loyalty than Berkshire Hathaway (NYSE: BRK-A) (NYSE: BRK-B). But one long-time shareholder is selling Warren Buffett's famous investment vehicle in favor of a wider range of arguably more exciting prospects. What might be most surprising, though, is what this institutional investor is buying to replace its Berkshire shares.


Nets donate $75,000 to paralyzed player

Newark, N.J. -- The New Jersey Nets said Monday they will donate $75,000 to a fund benefiting paralyzed Rutgers football player Eric LeGrand.

Nets General Manager Billy King said the donation to the Eric LeGrand Believe Fund is an effort to raise awareness about LeGrand's plight.

"The Nets have always been at the forefront in community involvement, and we could think of no greater cause to get involved with than the unfortunate circumstances surrounding Eric," King said.

LeGrand, a junior defensive lineman for the Scarlet Knights, sustained a devastating spinal cord injury Oct. 16 in a game against Army.

UNICEF: Farrow touring Uganda

New York -- U.S. actress-activist Mia Farrow traveled to Uganda Wednesday in her role as Goodwill Ambassador for the United Nations Children's Fund, the organization said.

During her three-day trip she is expected to visit Gulu, an area in the north where she intends to speak with children once held captive by the rebel group known as the Lord's Resistance Army -- which is notorious for using children as soldiers and terrorizing civilians in Uganda, the Democratic Republic of the Congo and the Central African Republic -- UNICEF said.

Farrow is scheduled to visit Kotido in the northeastern region of Karamoja where children face violence caused by local tensions.

Ministers work on fund to protect eurozone

Brussels -- A fund that would buffer European countries against Greece's debt crisis should be ready by Monday's trading session, a European Union official said.

The European Commission will "discuss and adopt" details of the fund officials hope will fend off market predators threatening the eurozone, where 16 EU members use only the euro as their legal tender, a EU official told Radio France Internationale Saturday.

The proposal, expected to raise about 70 billion euros ($89 billion), will be presented to the Council for the European Stabilization Mechanism "to preserve financial stability in Europe," the European Union said.

This Is What a Real Growth Opportunity Looks Like

If you wanted to add some growth to your portfolio, you might consider the Fidelity Growth Company fund. After all, it's a fund that invests in companies with "above-average growth potential." And yes, its top holdings do seemlike they'd be good ways to get growth:

The Next Millionaire-Maker Megatrend

I don't know about you, but I'm starting to forget what life was like before the Internet.

Your Best Chance to Profit in 2010

If, after 2008, you still expect the stock market to fund your retirement, most people probably consider you a few congressmen short of a bailout. (Zing!) Yes, it was tough being openly optimistic after a year in which every bull became a steer.

When Will Sirius XM Break the Buck?

When a money market fund's net asset valueslips below the fortressed $1.00 mark, it's called breaking the buck.