Eugene Lim

12 Flips | 1 Magazine | @eu63ne | Keep up with Eugene Lim on Flipboard, a place to see the stories, photos, and updates that matter to you. Flipboard creates a personalized magazine full of everything, from world news to life’s great moments. Download Flipboard for free and search for “Eugene Lim”

Gold traders are bullish for the longest run since April as Fed Chairman Ben Bernanke said he’ll maintain stimulus if growth misses expectations. | http://bloom.bg/17pcYK3 (Photo: Junko Kimura/Bloomberg)

Gold advanced above $1,300 to a one-month high on speculation the Federal Reserve will maintain stimulus. | http://bloom.bg/1bDKHnS (Photo: Norm Betts/Bloomberg)

Stocks: Holding onto record highs

U.S. stocks were expected to hold steady at Tuesday's open as investors wait for the latest corporate results and guidance from Federal Reserve Chairman Ben Bernanke due later this week.<p>U.S. stock futures were little changed.<p>"Yesterday, we had another day of new record highs and I expect that today …

Gold: Time to buy now?

Gold has been a losing investment for months.<p>But in the last six days, the precious metal seems to have regained some of its luster, rising 5.8%. Last week, gold recorded its biggest weekly percentage gain since 2011, and it came after four weeks in a row of losses.<p>Some believe this could be the …

Don't 'panic-sell' bonds

It's no secret that investors have been bailing out of bonds during the past couple of months, but panicky investors should think twice about cashing out.<p>Financial adviser John Foxworthy of Phillips Financial has been been receiving a flood of calls from clients worried about losses in what they …

Bernanke: Tapering plan not a "preset course"

The Federal Reserve plans to start slowing its controversial bond-buying program later this year and end it completely in mid-2014, Ben Bernanke told lawmakers Wednesday.<p>However, that scenario is certainly not set in stone. It depends entirely on how the economy progresses, he said.<p>"I emphasize …

Favorite stocks of high speed traders

Bank of America's stock may have a checkered past, but it's been a darling of high speed traders.<p>The bank's high valuation (around $150 billion) and low stock price (around $14) is the perfect combination for firms that trade in milliseconds.<p>That's because of the fees, or so-called rebates, trading …

Falling oil prices could spark global turmoil

Falling oil prices can have a lot of benefits. They put money into consumers' pockets. They cut trade deficits. They make it cheaper for businesses to sell stuff.<p>But if oil prices fall over the next few years, as some analysts predict, the effects won't be all roses.<p>OPEC, for example, could be on …

Short-term savings, super low rates: Where to stash it?

<i>My wife and I are selling our condo and plan on renting for the next year or two before buying a house. We will be netting $40,000 from the sale... [and] plan on eventually using this money as part of a down payment. Until then, I would like to put the money in a lower risk mutual fund so that we</i> …

Can Investors Make Mortgage-less Home Purchases Possible? http://www.go-tst.com/n3YQT

Are Autos the Best Way to Play Housing? http://www.go-tst.com/n5DtI

5 Findings Showing the End of the Foreclosure Crisis http://www.go-tst.com/n6o3h