What does a portfolio manager do?

Jeff New has six-and-a-half hours each trading day to juggle three mutual funds and dozens of stocks. How does the senior portfolio manager at Van Kampen Funds keep up on the most relevant financial data and analysis? Four or five times a week, he clicks through a series of live, Web-exclusive broadcast reports from Wall Street analysts.

No joke. Merrill Lynch, Lehman Brothers, Credit Suisse First Boston, and Morgan Stanley are among the first investment banks to Webcast their own content to larger institutional clients. Internet video streamed directly to select client desktops is just the latest method used by the banks to get their analysts in-or at least near-clients’ faces. Merrill Lynch also is introducing this new financial channel to retail investors.

Today, Merrill Lynch transmits 4 to 12 hours of live content around the world daily. Clients receive 5- to 10-minute audio clips of morning calls, video market updates, company reports, or interviews with executives. Money managers can visit Merrill’s site, sign in, view the Webcast of their choice or choose to receive upcoming reports by email. For now, the Web is best at streaming brief audio and video segments-CEO interviews and market and sector updates work well, for instance. Longer, more interactive Webcasts may involve slides of charts and graphs that highlight the key points of a particular report. And money managers can dial in and ask analysts questions in a conference call format. Even users running high-speed office connections, however, may find the Webcasts halting-unless they like twitching, pixilated images of analysts and tinny voices. Continue reading “What does a portfolio manager do?”

Funding Online Degrees – You Options for Paying for College

There’s nothing cheap about going to college, what with the sky-high tuition fees, expensive books, and a multitude of other expenses associated with it. A college degree, however, increases one’s chances of landing a good job, which makes it a worthy investment in the long run – that is if you have any resources to invest with. In most cases, financial resource, mostly the lack of it, is the biggest obstacle to obtaining a college degree. Knowing the different options out there for funding online degrees, however, can take a load off of your shoulders. Most available options involve loans, but if you look hard enough, you might even get your degree for free.

Grants

Many students miss out on the opportunity to go through college with little, if any, financial burden by not applying to grants. Here’s the deal with grants: if you’re neither sure of your eligibility for a grant nor your ability to pay for your college degree without having to go broke, then APPLY for a grant. When you come to think of it, anyone attempting to offset their college expenses should try going for a grant first – whether or not they think they are eligible for it. Basically, you’ll never know unless you try.

There are many sources of grants you should consider. Check out the website of your prospective college for any standing grants you can apply to. You can also check out online college forums that may contain information regarding grants available to you, your school, or your specific degree. Continue reading “Funding Online Degrees – You Options for Paying for College”