Posts tagged as:

Economy

Do People Who Speak Up Have Better Financial Outcomes in Life?

We were out to dinner Saturday night and we ordered the nachos as an appetizer at the same time as our kids’ dinner selection.  Several minutes later we placed our dinner orders (parents’ orders that is).  In fact, we always INTENTIONALLY refuse to place our dinner order with an appetizer order to avoid having our […]

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US Workers Have the Worst Severance Packages

While not entirely surprising, I found this BusinessWeek article to be interesting in that it highlighted just how much US company severance packages lag behind our industrialized peers.  Of the 8 countries in the comparison, in terms of weeks of severance per years worked, the US was last, at 1.78 vs. the following other country […]

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Lowest Mortgage Refinance Rate Comparison by the Readers!

After perusing the web for the best mortgage refinance deal out there, it’s evident that the rates, points and fees required by different lending outfits are all over the map.  Even worse, in corresponding with some loan officers on a refinance that I’m considering, I’ve found the practices to be rather deceptive (didn’t we learn […]

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Is Now a Good Time to Start Investing in Stocks?

This is the proverbial question for which there is no simple answer.  Much depends on a prospective investor’s risk tolerance, investment horizon and personal financial situation.  However, given the current economic malaise, investors have been holding much cash on the sidelines.  Often times, when market capitulation occurs and both retail and institutional investors throw in […]

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Layoffs: You May Be Next – Tips to Avoid, Prepare and React

What can you do to Prepare for or Mitigate a Layoff? While there are myriad advice pieces on this topic of avoiding a layoff or finding a new job quickly, many of them are useless or complete common sense.  I’m sharing a few of the things I do to stay one step ahead of the […]

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A Government Mandated Layoff Freeze?

In yet another in a long line of silly ideas that may great sound bites, a prominent economist is calling for the Obama to plea with Fortune 500 companies to cease their layoff plans for months in an attempt to allow for the stimulus plan to take effect and to help in the recovery of the […]

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Toll 3.99% Mortgages – What’s the Catch?

 Toll Brothers (TOL) announced today that they are offering 3.99% fixed mortgage rates for 30 year mortgages for homebuyers that meet certain provisions.  A 3.99% interest rate is the lowest I’ve come across, as national mortgage rates briefly dipped below 5.0% last week, before dipping up again this week.  Rates are widely anticipated to continue lower given the […]

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Tobacco Settlement Money has been Squandered Shamelessly

In a shameful show of disregard for the intended purpose of the funds that states received from the big tobacco settlement, the Government Accountability Office released statistics showing that the states have spent most of the settlement money on things other than antismoking efforts.  Through the end of fiscal year 2005, here’s a snapshot of the […]

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