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Credit Crunch

Alternative Energy Stocks to Buy Now

Alternative Energy Stocks – New Entrant in the Stock Market Arena

Conservation and search for alternative energies make energy stocks very attractive for investors of all types. A few energy stocks can do wonders for your stock portfolio.

This article would help all those who invest in stocks and according to current trend is building energy stocks portfolio. Alternative energy stocks are the current favorite of stock market enthusiasts since they feel that by investing in them they are in a way encouraging the research, production and use of these alternative energies. Energy stocks have made their appearance in the stock market since 2000 and by the look of it have attracted many long term and short term stock trading enthusiasts.

2011 is already upon us and there are many ‘best stocks for 2011’, ‘energy stocks to buy now 2011’, ‘good stocks to buy now 2011’ lists almost everywhere you look on the Internet. A common stock market investor can be confused between the various company names that feature in these. There is plenty of hot money flowing into alternative energy stocks these days and solar stocks seems to be a craze. Not that there are any new revolutionary solar cell manufacturing technology that has been unearthed, but precisely for the reason that common investors understand the concept of solar energy easily. Alternative energy stocks usually see serious stock investors investing in the top alternative energy companies like ADM, for long term.

Why to Invest in Stocks of Companies Dealing with Alternative Energy

Energy stocks are good long term investment since there are many countries that are vying for alternate source of energy for oil especially in the ever increasing price of oil scenario. Alternative energy would mean renewable sources of energy like solar power, natural gas, wind power etc. There are many companies which have their hands dipped in alternative energy research and production.

The time is right, if you want to invest in stocks of energy companies. You can research the lists of best stocks to buy now 2011 which would be available with stock brokers, brokerage firms and on the Internet and choose which stocks to buy now. If you are not averse to the risk element in the stock market, you can invest in penny stocks of energy companies. Just make sure that the information about the company you invest in is genuine. Getting help from a professional broker would go a long way in making right choices with regard to what stocks to buy now.

A financial planner would be able to guide you in selecting top 10 stocks to buy in 2011 in energy companies. You can begin with purchasing penny stocks, this ensures that your initial investment is small. Analyze the stock quotes prior to making your investment decisions.

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Credit Crunch Finance health inspiration Internet Money News reviews US Elections us presidential elections

Barack Obama 30 minute TV ad worth $2 million. A Winner!

3 networks air Obama’s 30 minute commercial simultaneously before World Series baseball.

Barack Obama presidential election campaign short of 2 million dollars.

$2,000,000 well spent? You decide!

Barack Obama 30 minute advertisement
Barack Obama 30 minute advertisement

The infomercial started with soft music, pictures of farms, people waving the US flag and Barack Obama’s voice in the background talking about tough times the US economy has faced in recent times. “Despite the crisis, I still see optimism in American people”: Obama. Seemed like beginning of a classic patriotic movie.

We’ve seen over the last 8 years how decisions by an American president can have a profound effect on history and on American lives. I’ve traveled lengths of this country over the last 20 months. Michelle and I have met so many Americans who are looking for real and lasting change. These are American stories.. I’d like to introduce some of these people tonight.

This followed a case study on Rebecca Johnston – A woman dedicated to her family, with 4 children and a husband who couldn’t afford an operation, only to give their kids better education and cope with rising costs. How they manage within the limited resource, how they try to make ends meet, pay bills.. All this wasn’t a problem at one time, Rebecca Johnston recalls.. when mortgage rates were lower and perhaps also inflation. 

We measure the strength of our economy, not by the number of billionaires we have, or the profits of the fortune 500. Whether someone with a good idea can start a new business.. whether a waitress who sustains a living on tips can take a day off without the risk of losing her job. An economy the honours the dignity of work. 8 years of failed policy resulted in the worst state of ecomony since the great depression.

 Here’s what I’ll do as president (Part 1 – Economy plan):

  • Cut taxes for every family making less than $200,000.
  • Give businesses tax credit for every new employee they hire in the US over the next 2 years.
  • Eliminate tax breaks for companies that ship jobs overseas. (Major impact on outsourcing)
  • Help home owners to pay their mortgages by freezing foreclosures for 90 days.
  • Provide low-cost loans to small businesses to hire more workers and keep their doors open.

Case Study 2: This again follows a clip where a gentleman who should’ve received 1500 dollars, ended up being paid just $379 per month when the company closed down. “Americans who are willing to work should be able to find a job that pays them enough to make a living, and retire respectfully with a decent pension” Barack Obama said.

Ohio governor Red Strickland, Kathleen Sebelius (Kansas governor), Deval Patrick (Massachussets governor) supported Barack’s tax cut, anti outsourcing policies.

Case Study 3: Larry Store and his wife Onida from Sardinia, Ohio, a couple with 6 children who owned their own house, looked forward to retirement, but Onida’s growing medical costs forced them to get a loan against their house. Larry, 72, despite retirement, had to start working again.

Here’s what I’ll do as president (part 2 – Energy Plan):

  • Invest 15 Billion dollars a year on energy efficiency, renewable sources of energy.
  • Create 5 million clean energy jobs in the next decade.
  • Create fuel efficient cars in America.
  • Give tax credit to buy fuel efficient cars.
  • Expand production of gas, coal and oil in the US to reduce dependence on Middle East.

Eric Schmidt (CEO – Google), Tim Kaine (Governor of Virginia) started off by endorsing Obama’s ideas as teh best for America.

Case Study 4: Juliana Sanchez is a widow with 2 children and a mortgage who has dedicated her life to giving good education to her children. With a day that starts very early, Juliana works 2 jobs and undergoes teacher training. All, just to provide good education to her 2 kids.

Every parent in America wants the same thing – Good education for their child. Responsibility for our children’s success doesn’t start in Washington, it starts in our homes. No education policy can replace a parent who’s involved in his child’s education from day 1, who makes sure children reach on time, helps with the child’s homework and attends the parent-teacher conferences. No government program can turn off the TV set, put away the video games or read to your children.

To show he personally understood and has faced similar hardships, there was a clip where Barack Obama said “I had met my father only once when I was 10. My mother used work fulltime, she used to wake me up 4:30am and we used to go through my lessons”. 

Here’s what I’ll do as president (part 3 – Education & Healthcare):

  • Tax credit to cover tuition at public colleges and universities in exchange for serving their community or country.
  • Improve Information technology for use in healthcare.
  • Provide coverage for preventive care and pre-existing conditions.
  • Lower healthcare costs for families at just $2500 a year.

Talking of healthcare, he talked about how his mother died of cancer so suddenly and how big a shock that was. Add to that video clips showed Obama with his two daughters and how he read all Harry Potters with them.

Dick Burbin (Senator Illinois), Claire McCaskill (senator Missouri), Joe Biden (senator Delaware) talked about Obama’s leadership skills.

Barack Obama then moved on to talking about Joe Biden. He has the best foreign policy experience, father lost his job, we share the sense of where the country needs to go. (Things we’ve heard before.)

Case Study 5: Mark and Melinda, who were both sacked from their jobs due to the economic crisis are struggling to make ends meet..

“I learnt from a very early age from my grand parents how important it is to defend liberty. ” Obama

Here’s what I’ll do as president (part 4 – Military and Defence):

  • Rebuild military to meet 21st century challenges.
  • Implement tough direct diplomacy to prevent Iran from obtaining nuclear weapons, curb Russian aggression.
  • Focus on finishing the fight against Al Qaeda and the Taliban in Afganistan.

John Adams, retired Brig. Gen. US Army supported Barack Obama’s presidency saying he has the capability to be tough and sensitive to the constitution and people at the same time.

Watch the entire 30 minutes of infomercial here :

(Cannot download on this site online. This can be downloaded only using Realplayer and going to Youtube at youtube.com)

Part 1

Part 2

Part 3

Part 4
 

 Overall

In the 30 minute informercial, almost all case studies revolved around education, mortgages, retirement pension, and the war. As much as I liked and enjoyed those 30 minutes, I’ll have to say that the commercial could have covered much more. Rather than tax rebates to people for cars, small businesses, recruitment in the US, clean energy, I think what we need is tax free “private” education, which is expensive and the root cause of every modern middle class person’s financial struggle.

Overall, a very well planned and executed 30 minute infomercial that will have a big impact on his campiagn. Without naming Mccain, Palin or any opposition (to the contrary, there was a statement where Obama was quoted saying “We’re not republicans or democrats, we’re Americans”), Barack Obama has thrown a winner just days before the D day!

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Credit Crunch Finance Money News

Icesave is saved: British investors getting money back! I’m saved!

I heard on the grapevine that an ex-senior employee of the FSAcommented at a gathering last week that investors with money in Icesave would not be seeing their cash until February. I, having moved all my ISAs (i.e. my life savings) to the fab guaranteed interest rate ISAs offered by Icesave, in the last week of May 2008 was not impressed. What luck! Moneysavingexpert.com’s Martin had been singing the praises of Icesave and telling “moneysavers” (as he calls the readers) what the (low) risks were for months. I had done his money makeover: got the Halifax 0% interest credit card for a year, fixed my electricity rate, lowered my phone bill, switched my current account to Alliance & Leicester (now owned by Santander, one of the biggest banks in the world as they keep telling us in bold red writing for the last week – do they think that means anything after the carnage we’ve seen in the last month?… in fact doesn’t that just make them seem riskier?!) and. Where was I? Oh yes, I had moved three years worth of ISAs to Icesave. Only the sheer convenience of having my regular savings at hand in a Plussaver account attached to my Premier Direct Alliance and Leicester current account had stopped me from handing my life’s sweat and blood over to Icesave. Who’d have thought that the economy of Icelandic bank Icesave, infact Iceland as a whole, was not as solid as ice?

Thankfully I was in the U.S watching the Dow Jones nose dive when the collapse of Icesave was announced. And, having had enough of hearing about the beginning of the end of the world as we know it, I tuned out of the news for a few days on my return. So I didn’t find out about what had happened to Icesave until the British Government announced that it would be backing all British savers’ investments in the collapsed Icelandic bank and moving things forward to retrieve the funds as soon as possible. Of course, no doubt, this was helped heavily by the fact that a number of local councils had their cash stashed with Icesave, as did many charities. Which reminds me, can anyone tell me why a cat charity should have £50 million in savings? How many old cat loving spinsters did they have to knock off to build that stash?!

Anyway, harmony has been restored to my world (or savings at least) by the announcement on Friday 24th October that Icesave, the Icelandic Government (of bankrupt Iceland, which has been lent $2.5 billion by the IMF) and the British Government had reached agreement on the return of our dosh, and had promised to guarantee return upto £50,000. By 3 November investors will be hearing from the FSA (Financial Services Authority) or was it the Financial Services Compensation Scheme (FSCS) regarding return of retail depositors money. Hopefully it’ll be a quick process involving online application for the return of your savings. For those of you who are thinking “what happens if one doesn’t have internet access?”, well (1) you wouldn’t be reading this if you didn’t and as you are, really, stop worrying about everyone else and (2) Icesave was mainly dealing with internet applications from retail savers so everyone affectedprobably has access. Speedy payout is promised, but what that means is your guess as much as mine. Hopefully with the FSA and FSCS involved it means payout before February, but that rumour I heard is still bothering me. I’m losing tax free interest on my savings as you read this! Good news is that (somehow) it will be ensured that the ISA status of ISAs with Icesave is retained. Sounds like an administrative nightmare to me.

Totally unfair on me and many other ex-Iceland fans that ING purchased Landesbanki and no one wanted Icesave. That’s the last time I’ll be putting my money in a country that melts away at the sign of financial trouble, let alone global warming! I mean, imagine, we could have woken up one day to news that Iceland had melted. What was I thinking back in May 2008, whistling away in the financial bubble?!

For further information go to: icesave.co.uk and http://www.fscs.org.uk/

<special thanks to guest writer CityWannabe on CafeArjun.com>

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Credit Crunch News

Halloween’s almost here! Who wants a Halloween candy coupon or two?

This will be a credit crunch ecomony Halloween! So what do we need in this time of inflation and bonus cuts? Well, I wouldn’t mind a coupon or two.. 😉
NRF (National Retail Foundation) is expecting the Halloween spending to touch five and a half billion dollars and you! Yes, YOU – an average person will end up spending 67 dollars on candy, costumes and other Halloween stuff with about $20 on mini chocolates and candy.. arghh! those trick or treat little devils!!

Some cool Halloween coupons and offers

1. Buy One, Get one Free on Hersheys candy at CVS

2. $1.99 for a bag of fun sized right candy at Rite Aid

3. 50 cents per cherry filled gumball at orientaltrading.com

4. Over 2000 candies at CandyWarehouse.com – Coupon code BARGAINIST15 for 5% off and 5 dollars off for orders over $35.00. Offer expires tomorrow, so hurry.

5. At Amazon.com, spend over 36 dollars and get a whopping 15 dollars off! Thats a real good deal! Promotional code: CDY08OCT

6. Last but not the least, here’s a coupon from KMart. have picked this up from a website, hopefully it’ll work, but do print it out, take and take it with you for your Halloween shopping.

Image removed (posted a 2007 coupon in ignorance)
I’m sure there are 100s of more Halloween candy coupons out there. If you’ve found something better, please comment and share.

Happy Halloween preparations!! 🙂

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Credit Crunch

Neel Kashkari – Here to rescue Wall Street

This is the news of the minute!

American born Indian Neel Kashkari, Assistant Secretary at the US Treasury is at the center of the 700 Billion US dollar WALL STREET bailout after he was named this morning.

NAME: Neel Kashkari

AGE: 35

NEW TITLE, ROLE: Interim Assistant Secretary of the Treasury for Financial Stability. He will oversee the government’s $700 billion rescue plan for the financial markets.

EDUCATION: Received both a Bachelor’s and Master’s in Engineering from University of Illinois at Urbana-Champaign. Also received an MBA in Finance from the Wharton School of the University of Pennsylvania.

EXPERIENCE: Joined the Treasury Department in July 2006 as a senior adviser to Secretary Henry Paulson. Previously was a vice president at Goldman Sachs & Co. in San Francisco, the firm Paulson ran prior to becoming secretary.

ENGINEERING BACKGROUND: Before his finance career, Kashkari worked on NASA technology such as the James Webb Space Telescope for TRW Inc., which is now part of defense contractor Northrop Grumman Corp.

Here’s wishing Neel good luck.

Neel Kashkari
Neel Kashkari

Kashkari is to be designated the head of the new office of financial stability, created last week, in the bailout legislation that was passed by the Congress.