It feels like my job as author of our monthly "Most Overvalued Stocks" article gets harder every day. Our stock rating system is inherently contrarian: When stock prices fall more than our estimates of firms' intrinsic values, we end up with more 5-star calls and fewer 1-star calls. As I write this on Monday, Nov. 10, we had only 16 1-star stocks in our coverage universe thanks to the market's almost unabated slide.
Luckily for me, there's one kind of 1-star call that never goes out of style: the zero-dollar fair value estimate. This is a tool we use sparingly. After all, every company has at least some "option" value: The stock price can never go below zero, but there is at least a small chance that the company could be worth some positive amount down the road. To any investors looking to unload their stocks for free, I have $0 sitting right here in my wallet for you (although, commissions could make even $0 too steep a price to pay).
Banks are responding to the troubled economy by jacking up fees on their checking accounts to record amounts.
Last week, Citigroup Inc.'s Citibank started charging some customers a new $10 "overdraft protection transfer fee" to transfer money from a savings account or line of credit to cover a checking-account shortfall. Citibank had already raised foreign-exchange transaction fees on its debit cards and added minimum opening deposit requirements for its checking accounts. Over the past year, J.P. Morgan Chase & Co.'s Chase, Bank of America Corp., and Wells Fargo & Co. have boosted the fees they charge noncustomers who use their automated teller machines to as much as $3 per transaction.
With all these changes, the average costs of checking-account fees, including ATM surcharges, bounced-check fees and monthly service fees have hit record highs, according to a new study by research firm Bankrate Inc.
I recently wrote a column detailing howto get a blog up and running to boost your small business.
If you're interested in taking it further — blogging for bucks, if you will — here are five strategies that could turn your blog into a moneymaker.
Using DSL for home Internet purposes is a smart idea. It's fast and easy, if you already have a phone line at home then you can use DSL Internet. Having DSL routers is very useful if you operate a small business at home or have multiple computers at home. A DSL router will allow you to see what information is coming or going from each computer.
A router basically analyzes all data in your computer network to determine where that data should be sent next. Different routers will offer you different things so determine what you want from your DSL routers before making a purchase. Your Internet provider might also offer you some practical advice on what routers to buy.
Certainly, you will want to add wireless connectivity to your home network if you own a laptop because then you can use your laptop within a certain geographical area without needing to connect the laptop to the modem with wires. Even if you want to connect your PC without wires and then the wireless routers can play an important part.
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