Money Today That Matters Tomorrow
I am going to take a contrary view of retirement savings and say that in current market conditions you should think about reducing your 401(k) contributions to only invest the amount that is needed to get your company match. I am normally a strong proponent of company sponsored 401(k)and traditional …
Of late there has been a lot of negative press around the accounting requirements for companies and the methods by which they have to value their assets. Some critics and company executives have even attributed the accounting requirements, and specifically the Mark to Market valuation method, as a major cause …
Last weeks 700 plus point drop in the Dow seems like a distant memory and a much bigger sequel looks to be in the works. The world has caught up to the US, and the domestic credit crisis has officially become a Global one. Who knew that struggling home owners …
Interesting graphic from the Economist on what it costs to sack long-term employees. As shown, costs vary enormously across the world. America and New Zealand are among the most company-friendly countries, requiring no penalties or payouts to fire a full-time employee of 20 years or more. By contrast, a business …
Why are tax free money market funds providing relatively decent yields compared to leaving your money in a regular bank account? Pamela Wisehaupt Tynan, who oversees Vanguard’s municipal money market funds says “These unusually high yields are simply a function of how the money market arena is reacting to events …
Well the time is here now to get an update on our national funds and the picture isn’t pretty. All the federal bailouts, treasury cash injections and foreign infusion of funds into our institutions/stocks has meant that America’s national debt recently passed $30,000,000,000,000. This is equivalent to 130% of America’s …