Practical money tips for rocky times

Money is at the top of many minds these days, and that means questions are flooding my inbox. Here are a few answers that should help give a bit of clarity in this confusing and rocky economy. If you don't need the money for daily living, then no, don't pull it out of your 401(k), where it is protected and can grow, tax-deferred. What I think you're saying is that you want to move the money to a safe place. There's a lot of confusion over this because people think that a 401(k) or an IRA is synonymous with stocks. In reality, those accounts are just the basket for your contributions — you can invest the money any way you like. At your age, you should only have about 40 percent of that money in stocks. The rest can be in safer places, like the money market option within your 401(k).

StemLife may consolidate before resuming rebound

SHARE prices on Bursa Malaysia continued to consolidate for the second consecutive trading day yesterday. Overall advancing counters outpaced declining counters by 370 to 316. The FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBM KLCI) fell from intra-day high of 1,440.01 to intra-day low of 1,431.68 yesterday. It closed at 1,434.68 points, giving a day-on-day loss of 0.99 point, or 0.07 per ...

Gazprom plans to consolidate, IPO electricity assets

MOSCOW, Sept 6 (Reuters) - Russian energy giant Gazprom , owner of several large electricity generating companies, plans to consolidate the holdings under a single share in preparation for a stock float, it said on Monday.

New Hanover may consolidate fire departments

New Hanover County commissioners could vote this week on a plan that would consolidate the county's five fire districts into two.

Gazprom plans to consolidate, float power assets

* Gazprom plans to group electricity holdings for IPO