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 [...]
Jun
7
Bittersweet: They Sold My Company
June 7, 2005 | Comments Off
Bittersweet day. My heart sorrows. My pocket is full of happiness.
Today is the official date when a larger company (15,000+ employees) acquires the medium size company for which I work (750+ employees). I saw my company grow from when it was less than a 100 employees, pre IPO (Initial Public Offering into the stock market) [...]
May
26
Lame Excuses for Not Contributing to Retirement Plans ( 401k, IRA )
May 26, 2005 | Comments Off
And their rebuttal …
People know they need to save for retirement. People know the Social Security system just provides for the basics (the green flyer they send every year says so). Yet, most people either don’t save for retirement at all, or if they do, they start very late in life.
The US Government has developed [...]
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