Tag Archives: finance

Should you invest or clear off credit card debt first?

If you have outstanding credit card debt, you might be considering making an investment, the income from which you expect would help make it easier for you to pay back your debt.

Most financial planners would advise against it, however, because it takes time to actually earn from new investments, and with any kind of investment – whether buying stocks, bonds, or venture capital – there is always some degree of risk involved. On the other hand, there are some safe investments that you can look into but it is rather rare to be able to find one that is low-risk and offers a higher return than your credit card interest rate.   (more…)

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National Deficit Outlook Unchanged Under Obama: UMD Policy Analysis

Public Policy’s Philip Joyce Offers Election Policy Fact Check

COLLEGE PARK, Md. – From a public policy point of view, the national debt accumulation since President Obama took office is largely a result of policies put in place prior to his inauguration, says a new analysis by University of Maryland expert Philip Joyce. He adds that Obama’s policies will make little impact in the debt over the next decade.

“The best that can be said about presidential fiscal policies thus far is that they would slow the bleeding, but they neither would stop it nor would they do much to heal the patient,” Joyce says.

The size of the debt has been one of the biggest issues of the presidential campaign, with Republicans arguing that the President has allowed the debt to rise out of control and Obama saying that he inherited the policies that led to an increase in debt and deficits. (more…)

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10 Million UK Consumers Sought Financial Advice Online in September 2010

*More Than One Out of Three Financial Advice Seekers Visited Moneysupermarket.com*

London, UK, 02 November, 2010 – comScore, Inc., a leader in measuring the digital world, today released a ranking of top Financial Information/Advice Sites in the UK based on September 2010 data from its comScore Media Metrix service. Nearly 10 million internet users turned to the web for financial advice, spending an average of 15 minutes on sites in the category during the month.

Data from the comScore Ad Metrix service revealed that Adaptive Affinity ranked as the top online display advertiser amongst financial companies, reaching nearly 58 percent of the total UK online audience in September 2010, by promoting its site Quickcreditscore.co.uk. (more…)

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In India, Traffic to Business and Finance Web Sites Surged 45 Percent in Past Year

*Banking Sites See Strong Growth as More Indians Turn to the Web for their Personal Financial Needs*  

Mumbai, India, August 18, 2010 – comScore, Inc. (NASDAQ: SCOR), a leader in measuring the digital world, today released its June 2010 ranking of the top Business/Finance sites in India based on data from its comScore Media Metrix service.

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