Huntington Bancshares Inc. (HBAN)

Hban is a Great stock. It has a very good loan portfolio, (View portfolio). As of 01/31/2010 if you don't own this stock I would hold off in tell it finishes going down. This stock is great for both longs and shorts. The company is expected to go into the green sometime this year, (2010). There has been a lot of insider buying of this stock around the 4.80-5.06 range.

I own Shares in HBAN

Where is the safest place to put my money.

There are still many safe places to put your money. EVEN if the markets get any worse. Here I will describe how a few of these safe and not so safe investments work. The safe ones are in bold and GREEN the not so safe ones are Italic and RED

Stock market
The stock market has always been a risky place to invest. If you do make sure you research your company and watch the trends of the market very closely.

Money market funds I would advise to watch what you invest in.
Money market mutual funds are low-risk mutual funds that are simple to invest in. Just like other mutual funds, this type of fund is operated by investment companies, not banks, and is made up of many shareholders who buy individual shares. Since these are not bank products, they are not FDIC insured; however, they are considered a relatively safe investment because they invest in short-term government and corporate debt obligations, like Treasury Bills. A money fund, as it is typically called, does not invest in stocks or bonds so the return is fairly constant and the risk is fairly low. Money market mutual funds generally pay a higher rate of return than a bank-issued money market account, but lower than you might receive in a securities-invested mutual fund. Since a money fund is a mutual fund, it carries management fees, although the fees tend to run lower than other mutual fund fees. You can easily withdraw funds from a money market mutual fund without penalty.

(MMA) Money market accounts (editor note: I have most of my money in a MMA.)

A money market account you buy from a bank is different from a money market mutual fund you buy from a broker. Make sure you know the difference!
A money market account is similar to an interest-bearing checking account, and is a product you buy from a financial institution. It's a product insured by the Federal Deposit Insurance Corporation (FDIC), and is a good option for maintaining your emergency fund. A money market account generally pays better interest rates than a typical checking or savings account, and gives you the flexibility of easy access, along with the higher rates of return of an investment product. The interest paid on a money market account tends to follow short-term market interest rates and varies as the market changes. Money market accounts may require a large initial deposit to open the account. They may also require a minimum balance, and you may have to pay a fee if your balance falls below the minimum required.

List of companies that are downsizing or going out business.

Chapter 11 and 7 filings
AtheroGenics Files For Chapter 11 Bankruptcy : AtheroGenics, Inc. (NASDAQ: AGIX), a pharmaceutical company focused on the treatment of chronic inflammatory diseases

Gateway files Chapter 11 bankruptcy: Gateway Ethanol has filed a Chapter 11 bankruptcy petition in the United States Bankruptcy Court for the District of Kansas.

Sun Country Airlines set for Chapter 11: Sun Country Airlines, the Minnesota-based leisure carrier serving Palm Springs on a seasonal basis, has filed for Chapter 11 protection from creditors in bankruptcy court.

Serefex Corp. files Chapter 11: W.P. Hickman Systems Inc., a subsidiary of Serefex Corp. in Naples, has filed for Chapter 11 bankruptcy protection.

Kansas ethanol company files Chapter 11: Gateway Ethanol LLC has sought Chapter 11 protection, the latest in a string of regional ethanol producers to shut down or declare bankruptcy.

Yamato Life Insurance Co.: filed for bankruptcy on Friday, the company's president said.

Lehman Brothers Holdings Inc.,: the fourth-largest U.S. investment bank, succumbed to the subprime mortgage crisis it helped create in the biggest bankruptcy filing in history.

Here is a video to help you understand how money is created and the banking system works.

HELP: Is my money safe in the bank??????

As of October 3, 2008 if your account is insured with the FDIC or NCUA it is protected up to $250,000 FOR EACH BANK ACCOUNT (If you have $250,000 ($500,000) in 2 accounts at the same bank you will stand to lose 250,000 if anything happened. you will need to put that extra 250,000 in ANOTHER BANK). But thats only going to last in tell December 31, 2009 The most you should have in your accounts is $230,000 this is so you don't go over the limit.

Welcome to Finance pub

Welcome to Finance pub I wanted a way to help people figure out whats going on in this world. Is your money safe???????