In my last blog, I wrote about having order surrounding your investments. one of the most important aspects of order is simply knowledge of where you are, or how much you have. Here are six good reasons for creating and maintaining a current net worth spreadsheet .
This financial spreadsheet will serve several functions. first and foremost, it provides your current net worth. This lays the foundation for your financial planning. you cannot get where you want to go if you don’t know where you are starting out. Second, this spreadsheet …

REDDING, Calif., April 30, 2010 /PRNewswire via COMTEX/ –Patrick J. Moty, President & CEO of Bank of Commerce Holdings /quotes/comstock/15*!boch/quotes/nls/boch (BOCH 5.17, +0.12, +2.38%) , a $831 million financial services holding company, and parent company of Redding Bank of Commerce(TM), Roseville Bank of Commerce(TM), and Bank of Commerce Mortgage(TM) today announced first quarter 2010 operating results.
“The mark of an exceptional company is consistently good performance relative to that of its competitors and peers, regardless of economic conditions and competitive threats. We believe that Bank of Commerce Holdings meets the …

When you choose early retirement and take Social Security benefits before your normal retirement age, your benefit is reduced. Understand how the Social Security Administration figures this benefit reduction.
Early retirement-less benefits

April 30, 2010, 1:31 PM EDT
April 30 (Bloomberg) — E*Trade Financial Corp. founder William a. Porter said he expects more mergers among exchanges in coming years, and that he wouldn’t have a problem if hedge funds were “outlawed.”
the 82-year-old entrepreneur who built E*Trade into a $3.33 billion discount broker with 2.6 million brokerage accounts is receiving the Sullivan Award today in Phoenix for his contributions to the options industry as a co-founder of the New York-based International Securities Exchange. Porter said new exchanges will keep cropping up, …

Sun National Bank’s first effort to sell insurance and investments through its platform banker staff was a humbling experience. Four years ago, the Vineland, N.J., bank decided to put a licensed banker in each of its 62 branches. In hindsight, managers should have considered whether it had 62 bankers who actually fit the mold, says Edward Malandro, Sun National’s executive vice president of consumer banking.
Bankers traditionally have a customer service rather than a sales mind-set, and that was the case with many of those Sun National trained and licensed. “We …

April 23, 2010, 4:33 PM EDT
(Adds judge’s comments in fourth paragraph.)
April 23 (Bloomberg) — Jack Barouh, a former watchmaker and ex-UBS AG client, was sentenced to 10 months in prison, the longest term given any customer of the bank since the U.S. began a crackdown on offshore tax evasion.
Barouh, 65, admitted in February that he skimmed money from his company and didn’t report income on $10 million in assets, including $6 million in offshore accounts at UBS. Barouh’s lawyer asked for a sentence of a year’s …

Statistics show that many people who complete a credit card debt consolidation program, end up going back into debt within a few years. Even though debt consolidation can help you repay your debt, it’s up to you to remain debt-free after your debt consolidation program has ended. if you haven’t changed your spending habits, you could find yourself in need of debt consolidation again.
You’re advised against taking on new credit card debt while you’re in a credit card debt consolidation program. you should be smart about taking on new …

It’s hard to call Lee Iacocca a failure. In fact, it’s nearly impossible.
The man who led Chrysler back from the brink of failure, and later helped raise millions of dollars to revitalize the Statue of Liberty, admitted years ago he had failed at something: retirement.
In a Fortune article in 1996, Iacocca shocked the nation by saying, “You plan everything in life, and then the roof caves in on you because you haven’t done enough thinking about who you are and what you should do with the rest of your …

OAK BROOK, IL, Apr 26, 2010 (MARKETWIRE via COMTEX) –Millennium Trust Company proudly announces that J.P. MorganRetirement plan Services has chosen Millennium Trust’s AutomaticRollover Solution for their clients and their clients’ employees.This streamlined Automatic Rollover solution relieves the employer ofthe cost and responsibility of maintaining retirement accountbalances for missing and non-responsive plan participants. MillenniumTrust is a leading provider of administrative and IRA custodyservices specializing in large volumes of accounts. J.P. MorganRetirement plan Services is part of a global financial services firmserving over 350 large companies with 1.3 million participants.
“Many …

29/04/10 – 15:45
Ben Potter, Research Analyst, IG Markets
Afternoon thoughts from the Trading Room – 3.45pm.
In Asia, regional markets are mixed this Thursday following moderate gains in US markets overnight. Financial stocks are coming under pressure, weighed down by continuing concerns out of Europe. with the Nikkei 225 not trading, the Kospi is the weakest performer, down 0.5%. the Hang Seng is flat while the Shanghai Composite is 0.2% firmer.
In Australia, the ASX 200 is struggling to overcome the latest wave of negative sentiment washing over global markets, …