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Advancers
4209
Price Chg %Chg 1 Day
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FTSE 100
/quotes/zigman/3173262/delayed 6,248 +56 0.90%
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/quotes/zigman/2380246/delayed 10,299 -17 0.17%
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/quotes/zigman/3173214/delayed 4,675 +17 0.36%
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/quotes/zigman/2759620/delayed 10,353 +63 0.61%
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/quotes/zigman/6959860/realtime 2,798 +45 1.64%
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/quotes/zigman/5986735/delayed 19,136 +562 3.03%
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/quotes/zigman/2622475/delayed 21,612 -226 1.04%
Shanghai
/quotes/zigman/1859015/delayed 3,232 +149 4.82%
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/quotes/zigman/16008136/realtime/sampled 1.12 -0.01 0.54%
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/quotes/zigman/16008150/realtime/sampled 121.70 +0.67 0.55%
Pound
/quotes/zigman/16008140/realtime/sampled 1.54 0.00 0.07%
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/quotes/zigman/16008115/realtime/sampled 0.72 +0.00 0.03%
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/quotes/zigman/1652083/delayed 96.15 +0.38 0.40%
WSJ $ Idx
/quotes/zigman/41508961/realtime 88.50 +0.24 0.27%
U.S. 10yr
/quotes/zigman/15866666/realtime 2.18 0.00 0.12%
German 10y
/quotes/zigman/15866409/realtime 0.75 +0.00 0.17%
Italy 10yr
/quotes/zigman/15866497/realtime 1.91 -0.02 0.80%
Spain 10yr
/quotes/zigman/15866444/realtime 2.06 +0.01 0.26%
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Quotes

Symbol Price Change % Change
FB /quotes/zigman/9962609/composite 91.01 1.28 1.43%
AAPL /quotes/zigman/68270/composite 113.29 0.37 0.33%
GOOG /quotes/zigman/30194416/composite 630.38 -7.23 -1.13%
BAC /quotes/zigman/190927/composite 16.36 -0.08 -0.49%
C /quotes/zigman/5065548/composite 53.28 -0.16 -0.30%
F /quotes/zigman/264304/composite 13.74 0.18 1.33%
T /quotes/zigman/398198/composite 33.29 -0.15 -0.45%
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0.6%
MMA $10K+
0.3%
MMA $50K+
0.4%

National averages from Bankrate.com

You Don’t Need Another Credit Card, You Need A Better One.
Avg. APR Last Week 6 Months
Low Interest 11.62% 11.62% 11.53%
Business 12.85% 12.85% 12.85%
Student 13.14% 13.14% 13.14%
Balance Transfer 14.12% 14.12% 14.00%
Airline 15.10% 15.10% 15.15%
Reward 15.14% 15.14% 14.99%
Cash Back 15.27% 15.27% 15.26%
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Bad Credit 22.73% 22.73% 22.48%
Source:CreditCards.com

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More Dropouts For 529 Plans

Parents are once again souring on one of the most popular ways to put away money for their children’s college education – college-savings plans — according to just-released third-quarter data.

Getty Images

The new figures, from the Financial Research Corporation, show that parents pulled an estimated $354 million from 529 college-savings plans in the third quarter. That’s a dramatic reversal from the previous quarter, when investors added $2.5 billion to these plans. It also marks the highest level of outflows since the third quarter of 2008, during the financial crisis.

The results come as many college-savings have been struggling through the recent bout of market volatility. Investments in 529 plans, which are state-sponsored tax-advantaged accounts for college savers, fell an average of 9.5% for the third quarter and were down about 6% for the year through Sept. 30, according to fund researcher Morningstar Inc. That wasn’t as large as the broader market’s drop — the Standard & Poor’s 500 stock-index fell 14% and 10% over the same periods — but investing experts say it was the most significant setback for these plans in recent years.

To be sure, contributions to 529 plans tend to decrease in the third quarter, since that’s when parents withdraw money to pay for college tuition, says Paul Curley, director of college-savings research at the Financial Research Corporation.

But the recent outflows stand in stark contrast to last year, when investors still added $927 million to 529 plans in the third quarter, down from $1.9 billion in the second quarter, according to FRC. “What I’m seeing is that people are reluctant to continue putting money into 529 plans,” says Lea Ann Knight, a fee-only certified financial planner in Bedford, Mass. who focuses on college savings strategies.

Indeed, financial advisers say ongoing market volatility has caused parents to rethink how they’re saving for college, with some eliminating or scaling back their contributions to 529 plans for other, less risky strategies. Some clients with children nearing college are turning to bank accounts and certificates of deposit, says Knight. These accounts provide protection from stock-market losses, she says, but little in the way of yield; and unlike 529 plans, earnings in these accounts are taxed.

Other parents are stashing money for their children’s education in Roth IRAs, says Deborah Fox, a San Diego-based financial planner and founder of Fox College Funding. With these accounts, parents get access to more investment options than those offered in a 529 plan, she says, and the earnings don’t need to be used for college. In contrast, earnings in 529 plans that are withdrawn but not used to pay for tuition and other college expenses get hit with income tax and a 10% federal tax penalty.

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    • By WebOsPublisher

      [#SAK-9158] Multiple Paste icons appearing on Nightly – Sakai
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      DescriptionLooking at Resources on Nighlty using Firefox, from time to time 2 paste icons appear rather than 1. I can’t recreate this reliably yet, but am documenting it FYI and will come back with details when I can.
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      Not sure if this is the issue here, but one problem someone mentioned is that if you select some items for copy and some items for move, you get a paste icon for each, but there’s no way to tell which is which. Selecting one or more items for copy or move should clear any previous incomplete copy or move action.
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      Jim Eng
      added a comment – 02-Apr-2007 07:02 Not sure if this is the issue here, but one problem someone mentioned is that if you select some items for copy and some items for move, you get a paste icon for each, but there’s no way to tell which is which. Selecting one or more items for copy or move should clear any previous incomplete copy or move action.
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      added a comment – 02-Apr-2007 15:40
      This should be included in QA tag 2.4.0.009
      We save lists of resources being copied/moved in state. If the user selects copy and then selects move before completing the copy, the copy list was retained, leading to two paste icons. We now erase the first list of items to copy/move if a second set of items is selected.
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      Jim Eng
      added a comment – 02-Apr-2007 15:40 This should be included in QA tag 2.4.0.009
      We save lists of resources being copied/moved in state. If the user selects copy and then selects move before completing the copy, the copy list was retained, leading to two paste icons. We now erase the first list of items to copy/move if a second set of items is selected.
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      These items will be included in the .009 tag as per discussion at the release meeting.
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      Megan May
      added a comment – 04-Apr-2007 11:07 These items will be included in the .009 tag as per discussion at the release meeting.
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      merged to 2-4-x r28344
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      Verified fixed on QA1-NL
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    • I have 7 grandchildren each with a 529 plan. I find the restriction of only allowing one annual reset of investments within an account to be too confining.

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MarketWatch - Stock Market Quotes, Business News, Financial News
Bulletin
Investor Alert
need to know
U.S. stocks end wild week higher
Staples, Office Depot to delay close of merger
PBF Energy chemical leak in Del. refinery
Drug maker Cortendo files for IPO
‘War Room’ could be box-office surprise
Oil scores biggest weekly gain since 2009
Ashley Madison CEO steps down
Amgen gets FDA OK for cholesterol treatment
Atlantic hurricanes lose sway over oil and gas
5 silly new words in the Oxford dictionary

Apple Watch debut stronger than previously thought: IDC
Apple to host Sept. 9 product event
Apple closes in on Fitbit in wearables

Craft beer acquisition by Duvel — stay small, stay beautiful
Firestone is latest U.S. brewer to join the Duvel family
10 fall beers with absolutely no pumpkin in them

Instead of flavored vodka, flavored sake?

Never use a market order when stocks are selling off
Schwab site hit by outages in busy trade stretch
Lack of fear means this correction isn’t finished

Most imposing stock ‘wall of worry’ in 5 years

John Bogle sees promise in market pullbacks
A strategy to make money in this crazy market
Record $29.5 billion yanked from stock funds

Roubini: Better early warning system is needed

Why you should worry and be happy that stocks aren’t a sure bet
Both worry, be happy that stocks aren’t a sure bet
This wild market is no threat to your income and spending

A sign for Moody's rating agency is displayed at the company headquarters in New York, September 18, 2012.  AFP PHOTO/Emmanuel Dunand        (Photo credit should read EMMANUEL DUNAND/AFP/GettyImages)
ADP debt-funded buyback raises Moody’s ire

Democratic leaders frustrated by Clinton’s handling of email issue
More frustration with Clinton on email issue
Poll shows Biden running stronger than Clinton
Trump: I’m OK with raising taxes on myself

Poland looks next to turn against the EU

China wins the Battle of Mountain Pass
China just undermined the U.S. Defense Department

China may be in worse shape than most of us think
What should China do to fix its economy?
Analysts dismiss fears of a China hard landing
‘Loch Ness monster’ and China's mystery rally

These are the best jobs for millennials
These are the best jobs for millennials


How momentum investing could go out of style
Momentum investing could be going out of style

Tesla Model S scores 103 on 100-point scale
Tesla Model S scores 103 on 100-point scale
Elon Musk retweets slow-driving Tesla owner
Colbert should ask Elon Musk, Kalanick this
$400,000 supercar goes up in flames

How to cope when you’re suddenly uninsured

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Markets »

131.79MDow Volume:
Avg Vol: 112.32M
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Decliners
2190
Advancers
4209
Price Chg %Chg 1 Day
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Dow
/quotes/zigman/627449/realtime 16,643 -12 0.07%
Nasdaq
/quotes/zigman/12633936/realtime 4,828 +16 0.32%
S&P 500
/quotes/zigman/3870025/realtime 1,989 +1 0.06%
GlobalDow
/quotes/zigman/629063/realtime 2,373 +13 0.54%
Gold
/quotes/zigman/662444/delayed 1,133 +11 0.95%
Oil
/quotes/zigman/2331095/delayed 45.33 +2.77 6.51%
FTSE 100
/quotes/zigman/3173262/delayed 6,248 +56 0.90%
DAX
/quotes/zigman/2380246/delayed 10,299 -17 0.17%
CAC 40
/quotes/zigman/3173214/delayed 4,675 +17 0.36%
FTSE MIB
/quotes/zigman/1482176/delayed 21,994 -208 0.93%
IBEX 35
/quotes/zigman/2759620/delayed 10,353 +63 0.61%
Stoxx 600
/quotes/zigman/2380150/delayed 363 +1 0.28%
Asia Dow
/quotes/zigman/6959860/realtime 2,798 +45 1.64%
Nikkei 225
/quotes/zigman/5986735/delayed 19,136 +562 3.03%
Hang Seng
/quotes/zigman/2622475/delayed 21,612 -226 1.04%
Shanghai
/quotes/zigman/1859015/delayed 3,232 +149 4.82%
Sensex
/quotes/zigman/1652085/delayed 26,392 +161 0.61%
Singapore
/quotes/zigman/1709939/delayed 2,956 +11 0.36%
Euro
/quotes/zigman/16008136/realtime/sampled 1.12 -0.01 0.54%
Yen
/quotes/zigman/16008150/realtime/sampled 121.70 +0.67 0.55%
Pound
/quotes/zigman/16008140/realtime/sampled 1.54 0.00 0.07%
Australia$
/quotes/zigman/16008115/realtime/sampled 0.72 +0.00 0.03%
DXY Index
/quotes/zigman/1652083/delayed 96.15 +0.38 0.40%
WSJ $ Idx
/quotes/zigman/41508961/realtime 88.50 +0.24 0.27%
U.S. 10yr
/quotes/zigman/15866666/realtime 2.18 0.00 0.12%
German 10y
/quotes/zigman/15866409/realtime 0.75 +0.00 0.17%
Italy 10yr
/quotes/zigman/15866497/realtime 1.91 -0.02 0.80%
Spain 10yr
/quotes/zigman/15866444/realtime 2.06 +0.01 0.26%
U.K. 10yr
/quotes/zigman/15866328/realtime 1.85 -0.02 0.96%
Japan 10yr
/quotes/zigman/15866525/realtime 0.38 -0.01 2.48%
Crude Oil
/quotes/zigman/2331095/delayed 45 +3 6.51%
Gold
/quotes/zigman/662444/delayed 1,133 +11 0.95%
Corn
/quotes/zigman/7599553/delayed 374 -1 0.20%
DJIA F
/quotes/zigman/38649152/delayed 16,632 -18 0.11%
S&P F
/quotes/zigman/30356461/delayed 1,986 -3 0.15%
Silver
/quotes/zigman/3134148/delayed 15 +0 0.89%

Quotes

Symbol Price Change % Change
FB /quotes/zigman/9962609/composite 91.01 1.28 1.43%
AAPL /quotes/zigman/68270/composite 113.29 0.37 0.33%
GOOG /quotes/zigman/30194416/composite 630.38 -7.23 -1.13%
BAC /quotes/zigman/190927/composite 16.36 -0.08 -0.49%
C /quotes/zigman/5065548/composite 53.28 -0.16 -0.30%
F /quotes/zigman/264304/composite 13.74 0.18 1.33%
T /quotes/zigman/398198/composite 33.29 -0.15 -0.45%
BP /quotes/zigman/247026/composite 33.26 0.23 0.70%
GE /quotes/zigman/227468/composite 25.16 0.15 0.60%
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5 yr CD
1.5%
2 yr CD
0.8%
1 yr CD
0.6%
MMA $10K+
0.3%
MMA $50K+
0.4%

National averages from Bankrate.com

You Don’t Need Another Credit Card, You Need A Better One.
Avg. APR Last Week 6 Months
Low Interest 11.62% 11.62% 11.53%
Business 12.85% 12.85% 12.85%
Student 13.14% 13.14% 13.14%
Balance Transfer 14.12% 14.12% 14.00%
Airline 15.10% 15.10% 15.15%
Reward 15.14% 15.14% 14.99%
Cash Back 15.27% 15.27% 15.26%
Instant Approval 18.00% 18.00% 17.93%
Bad Credit 22.73% 22.73% 22.48%
Source:CreditCards.com

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