Jan

27

Deposit at the Bank … Or OWN the Bank

January 27, 2006 | 2 Comments

I had some spare money that I was planing to place on a Certificate of Deposit. Ing Direct offers a very good rate (currently an relatively impressive 4.25% or 3.19% after a 25% tax bracket).
But then I considered the alternative, investing in a bank stock. What if I used the money to purchase [...]

Jan

22

Increased HealthCare Spending: Profit From It

January 22, 2006 | Comments Off

Americans are constantly requiring more and more expensive medical care. Currently, we spend 16.2% of all of our spending in healthcare: this includes private, insured, and public funded healthcare. By year 2015 this number will climb to 20% of our economy according to a government study announced on USA Today.This is hitting [...]

Jan

20

Acela Express Trains

January 20, 2006 | Comments Off

(Re-post from January 25, 2004 on Anes Weblog.)
It was a cold, New England winter morning on Track 1 platform on Route 128 Amtrak Station.  I watched the twin headlights of the Acela Express front car approaching me as if it was a dream come true.
Acela Express, a high-speed train that takes you from Boston to [...]

Jan

19

Stop Buying Trinkets

January 19, 2006 | Comments Off

We sold our building to the Japanese, but it doesn’t make any difference whether it’s the Japanese or anybody else. We sold our buildings at ABC two years ago for about $175 million. That was equal to one day’s trade deficit with Japan. They sent up a bunch of VCRs and things, and we sent [...]