Are Student Loans Worth The Debt?

The report found that student debt remains the second largest source of household debt behind mortgages. The results are sure to add to the alarm about how the student loan burden could hurt housing recovery. A senior official at the Consumer Financial Protection Bureau recently warned that rising student loan debt may prove to be one of the more painful aftershocks of the Great Recession. Overall, consumer debt, including mortgages, auto loans and credit cards, increased by $241 billion during the fourth quarter of last year the largest quarter to quarter jump since the third quarter of 2007. Student debt increased to $1.08 trillion, up $53 billion in the last quarter of 2013 compared to the previous quarter. One fear is that the growing student loan debt burden is hobbling the recovery of the housing market, which is a key drive of economic growth.
Source: http://www.washingtonpost.com/blogs/wonkblog/wp/2014/02/18/student-debt-is-terrible-in-charts/

According to her lender, the $500 she ponies up each month to repay her $30,000 student loan eats up too much of her income. “I didn’t know anything about buying a house when I took out a student loan, so it’s almost like I’m being blindsided by a decision I had to make years ago,” said McCloskey, an administrative assistant. The lending climate has become less forgiving for those carrying student debt, and that’s unlikely to change anytime soon. Federal rules that took effect last month grant mortgage lenders broad legal protections as long as they do not approve loans for prospective buyers whose total monthly debt exceeds 43 percent of their monthly gross income. The overarching goal is to protect borrowers against lender abuses. But the rules could also make it difficult for some buyers with student loans to obtain a mortgage.
Source: http://www.chicagotribune.com/classified/realestate/sns-wp-washpost-bc-loans17-20140217,0,3736662.story

This does not appear to be the case from the debt data. Student loan debt has grown at visit homepage almost exactly the same rate since the crash as it had been the previous five years i.e. steadily and without fail. Like the movie Up, student debt is a house attached to balloons. A second consideration in determining the economic drag of student loans is the distribution of debt.
Source: http://www.forbes.com/sites/joshfreedman/2014/02/11/student-loans-are-a-big-drag-on-the-economy-and-society/

Student debt may hurt housing market

Correspondent Kai Jackson reports, experts say the debt is so large it could have a ripple effect that will be felt across the country. Going to college is embedded in the American Dream. Yet there’s a nightmare now facing graduates and even those who drop out. A mountain of student loans they can’t pay off. It’s estimated the average student loan in America is just under $30,000.
Source: http://www.cbs12.com/news/top-stories/stories/vid_13334.shtml

According to her lender, the $500 she ponies up each month to repay her $30,000 student loan eats up too much of her income. “I didn’t know anything about buying a house when I took out a student loan, so it’s almost like I’m being blindsided by a decision I had to make years ago,” said McCloskey, an administrative assistant. The lending climate has become less forgiving for those carrying student debt, and that’s unlikely to change anytime soon. Federal rules that took effect last month grant mortgage lenders broad legal protections as long as they do not approve loans for prospective buyers whose total monthly debt exceeds 43 percent of their monthly gross income. The overarching goal is to protect borrowers against lender abuses.
Source: http://www.stltoday.com/business/local/student-debt-may-hurt-housing-market/article_84f84ae5-9fc7-528e-b9f8-356d0c239827.html

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Japan’s Gpif Should Own $600 Billion Of Stocks, Ito Says

Top Pharma and Biotech Stocks to Buy From Key Investor Conference

biotech

Thats about 5 percent, over 10 years. GPIF, led by Takahiro Mitani, is under pressure to sell some of its holdings of the worlds lowest-yielding sovereign debt to buy investments that may provide higher returns. Lawmakers should pass a bill by June to give GPIF autonomy from the health ministry so the fund can change its investment strategy, Yasuhisa Shiozaki, the ruling Liberal Democratic Party s deputy policy chief, said in an interview on Jan. 21. GPIF owned 71.9 trillion yen ($706.3 billion) of domestic bonds as of Sept.
Source: http://www.bloomberg.com/news/2014-02-16/japan-s-gpif-should-own-600-billion-of-stocks-ito-says.html

The consensus price target for the medical device maker is $13.77. The stock closed Wednesday at $12.96. Eli Lilly & Co. ( LLY ) reported an outstanding late stage pipeline, one that may have the best in class potential.
Source: http://finance.yahoo.com/news/top-pharma-biotech-stocks-buy-154011426.html

IT stocks

Debasis

Youre strapping yourself to the market rollercoaster, which does not guarantee that it will be upor even back to your starting pointwhen the time comes that you have to get off. The longer you are in the market, the more uncertainty you faceespecially in todays wacky socio-economic and political climateand plenty of folks translate uncertainty as risk. Then theres the basic idea that if the market becomes less risky over time, it would create what amounts to a free lunch for anyone who sticks around long enough to enjoy it. For anyone who believes in efficient markets, thats anathema; the market is supposed to finds those edges and advantages and exploit those strategies until they are useless and dead. The concept behind the new research involves time diversification, an idea that experts and academics argue over, with some suggesting its real and powerful and others saying it doesnt exist. Youve heard of diversifying into different asset classes and across the international landscape and more, but time diversification simply suggests that the longer holding period effectively diminishes the effect of any short-run period, as has happened to folks who rode out the financial crisis of 2008 by sticking with the market through its ups and downs to get to its recent highs.
Source: http://finance.yahoo.com/news/stocks-far-less-risky-think-170333318.html

You have to be a dope to buy marijuana stocks

A handful of these stocks have recently crept into the top Scutify trending stocks board and yesterday I was asked about three or four times about various pot stocks in my weekly TradingWithCody.com chat. So heres my take on the pot stocks like $HEMP /quotes/zigman/11335612/delayed /quotes/nls/phot PHOT $CBIS $MJNA and so on. Legal marijuana distribution and growing is way too new and full of scams out there. Criminals that are still being rooted out. You literally have to be very into that industry to get any idea of whats trustworthy and whats not in the stocks that are in the weed industry. I think that most of the publicly-traded marijuana stuff, including the aforementioned names and companies with symbols likeCannabis Science $CBIS andMedical Marijuana $MJNA, is hype and that the only way to separate the potential good buys in the space from the bad buys best cheap stocks to invest in is to do a bunch of on the ground research and meet the companies and tour their facilities and what not.
Source: http://blogs.marketwatch.com/cody/2014/02/13/you-have-to-be-a-dope-to-buy-marijuana-stock/

Stocks are far less risky than you think

Within that, markets will try to understand the contours of the FD, which is likely to be pegged at below 4.8%. Moreover, any indirect-tax benefit to any sector may have an impact on the corresponding stock prices: Kotak Securities Expert IST The stock of Blue Star Infotech, a small cap IT player, has lost over 10% in the past one month following selling in the broader market during the period. It however retains over 28% gains on a horizon of the past three months. Expert IST Bharti Airtel?s stock fell by 2.9% to Rs 306 on Monday following the commencement of the 2G auction process. Reporter IST Illegal cannabis worth around Rs 5 crore seized from Siliguri adjoining Fulbari area in Indo-Bangladesh border on Thursday early morning by Directorate of Revenue Intelligence and West Bengal police.
Source: http://economictimes.indiatimes.com/topic/IT-stocks

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