You will never have to worry again about checks getting lost in the mail or about getting to the credit union on time. Direct Deposit automatically deposits your regular paycheck for you, giving you faster access to your money. The federal government now requires that Social Security, military retirement, disability benefits or other regularly recurring government checks be directly deposited. Pacific Crest's Payroll Deduction program is a great way for you to make automatic deposits or loan payments each time you get paid.
So think very carefully about where you are in your own personal investment cycle. If you are near retirement, does it make sense to go into stocks at near three-year highs?
To steal a line from the Hippocratic Oath: "First, do no harm". That seems to be what this mortgage settlement deal is all about. This deal will do no harm to the long-term housing outlook, but it is unlikely to have a significant impact.
After doing little the first four days of the week, the latest jobs report boosted stocks to a strong close for the week.