‘Everyone needs some short-term savings. In fact, most people need a big pot of it, stashed somewhere safe and easily accessible. By “short-term savings,” we mean the money you’ll need for emergencies and for big expenses you’ll incur over the next three to seven years, depending on your tolerance for risk, volatility, and a market-induced [...]
Archive for October, 2004
‘Q: When I retired two years ago at age 55, I purchased long-term care insurance for my wife and myself. I thought I had researched the subject thoroughly, and I was fully aware that the premium was not guaranteed. I’ve now read that most retirees with less that $250,000 in savings should not purchase long-term [...]
‘Here we go again: another corporate conflict-of-interest scandal that, if it’s as big as prosecutors say, is costing all of us.
This time, New York Attorney General Eliot Spitzer is prying open the insurance industry, just as he did with successful investigations of Wall Street analysts and mutual-fund companies.
On Thursday, he sued the country’s biggest insurance-brokerage [...]
THE FORMULA(S) FOR FINANCIAL SUCCESS
(FROM THE OPRAH WINFREY SHOW)
“Money can’t buy you happiness. But it helps you to be
miserable in comfort.”
“Wealth is better than poverty… if only for financial reasons.”
- Woody Allen
“Those who say money can’t buy you happiness,
don’t know where to shop.”
These thoughts are extracted from Oprah Winfrey’s fine show,
which I [...]
Seeking Alpha writes - ‘The coming upgrade cycle in consumer technology means that consumer-oriented technology companies will outperform enterprise-oriented technology companies….
True, consumer technology is suffering from some of the same deflationary forces hitting the enterprise technology market, particularly cheaper production in China. However, the price tag of new, mainstream consumer electronics goods is often higher [...]