Bankrate.com has issued its Financial Security Index for January, showing that the reading posted a gain for the second straight month. The gain is monthly, but this is a lower security reading from one year ago. Some of the highlights are as follows:
Job security turned positive for the first time since May, with 20% of Americans feeling more secure than one year ago and 17% feeling less secure.
Savings was called “the Achilles’ heel of financial security” with those feeling less comfortable than a year ago (41%) outnumbering those more comfortable (14%) nearly three-to-one.
Americans’ overall financial situation is still seen as negative. Some 28% said it is worse than one year ago and 23% saying it is better (only 12% of retirees say their overall financial situation is better now than one year ago).
Top Gaining Stocks
Top Losing Stocks