(NECN) - On this segment of In Focus, the job outlook for the class of
2009. Employers in the Northeast expect to hire 38 percent fewer
graduates than last year. So what can grads do to better their odds of
landing a job?
(NECN) - Once a month, on the last Thursday, I bring the Ask Jennifer segment to Good Morning live. The questions we got for this month were tough ones.
Trudi in Cambridge
I was laid-off 4 months ago. Should I continue investing $100 monthly
into my Roth IRA? Are there other money tips I should know about while
Adam in Latrobe, PA
,i>Will the housing stimulus help my family? We bought our house in Dec.
2004 and then refinanced in Dec. 2006. We thought the refinance would
help us a lot. Our initial mortgage was $900/month, 6.5% Fixed rate 30
year loan. The refinance ended-up being a split mortgage. The main
loan is interest only 5.5% adjustable. The second loan is over 9%. The
only thing that got our payments down was not having to pay PMI. I'm
not sure what we should do? Any help would be appreciated.
Dennis in Boston
For a while I avoided looking at my investment account balances. I've
checked the last few months though, and the balance goes down each
month. Where is the end? Can I believe what my advisor says about
staying in the market for the long term?
(NECN) - As the economic outlook worsens, questions continue to pour in about your savings.
Do you know where the best place is to consolidate my son's college loans?
--Jill in Ipswich
I own my home with an interest rate at 6.75%. I was preparing to
refinance to lower interest rate when I was laid off from my job. When
I bought the house; I made a 20% down payment. Can I still re-finance?
--Ha in Boston
Share holders of Bank of America stock may be taken to zero with the
current government bank bailout program; would you sell the stock now
and take the tax loss?
--Frank in Needham
I'm about to be laid off and I'm 58. I have a (shrunken!) 401K and a
pension at my company and another pension from another company. Can I
access this money without penalty because of the layoff?
--Wendy from Boston
Click below to watch the segment with the answers.
(NECN) - Today In Focus, economic stimulus dreams are crashing into
a hard reality. Investors hoping the market's ills would be cured are
getting a sober reality check. Here's a segment with what I've been hearing from investors, and what we're telling people who want to sell and just hold on to the cash.