During the recession of 1990-1991, and the period of very slow growth that followed, it became conventional wisdom that it was wrong to try to retain key employees through a slowdo
When investing in things that pay an interest rate--things like CDs and bonds--it's tempting to try to get the maximum interest rate, and then to try to lock up that rate for a
One of the bugaboos of the financial doom-and-gloom crowd is the worry that foreigners (China in particular, but also oil exporting countries in the Middle-East, and others) might
Interest rates for ordinary savers held up pretty well after the first Fed rate cut in July last year. There was a simple reason--banks needed the money. With the cr
Prompted by high prices (driven by demand from ethanol production), farmers planted more acres of corn last year than any year since 1944. This year, though, planned acres for cor
Ever notice that we have names for a period when the economy isn't growing (recession or depression), but there's no name for when it is growing? If they call it anything,
Ever worked someplace that had an incentive plan (as in, "Hit these targets and you'll get a bonus")? Here's a little tidbit for you: Incentive plans always go awry.
This is really a non-issue, if you work a regular job: Your employer withholds taxes. It's also not much of an issue if you're self-employed and your income is reasonably
I wasn't looking forward to doing my taxes this year. They were going to be more complicated than in years past, because I left my regular job and started working full-time as
I saw this poster on the window of a store-front brokerage firm office near the grocery store. Although the firm in question has an obvious self-interest in getting you to consoli
You don't hear it much any more, but for a long time, "If you're so smart, why aren't you rich" was a pretty effective line for the average Joe when dealing w
Among the fraction of the population who manage to put money aside, many view their investments through the lens of retirement. They've got a number in mind--call it $X--enoug
The new $5 enters circulation today with a ceremonial "first spend" at the gift shop of President Lincoln’s Cottage at the Soldiers’ Home in Washington, D.
You used to hear the term "land rich, cash poor" for people who owned valuable land but didn't have quite enough money to make ends meet. It's an expression that
I've read a bunch of books on how to do a job search. They all talk about networking. They all talk about researching the company--knowing what they do and what they need don
A certain level of comfort above the minimum for survival has always been considered necessary for a "decent" standard of living. Just how much is a social construction.
Talk about investments and most people think stocks, bonds, and mutual funds, plus maybe real estate and commodities like precious metals. Let's call those "financial inve
Key decisions that you make—especially when you're young, but also later—have implications that ripple through the whole rest of your life. People treat these early
Those of you who are old enough may have noticed some worrisome similarities between the economy of the 1970s and the economy today. If so, you're not alone--more than a few p
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