The economy is back in full swing if you’re a CEO that is. According to a NY Times report, the average CEO pay rose in 2010, which was not surprising since companies are finally regaining financial footing. What surprised the Times was the amount by which executive compensation rose. According to their information, the “median pay for top executives at 200 big companies last year was $10.8 million. That works out to a 23 percent gain from 2009.” Yes, a 23% increase. How are you doing with your 1%? […]
I’m woman enough to show you the flip side of the coin in our ongoing discussions on whether to pay off your mortgage early by adding extra payments or to invest that money instead. By now you have got to be tired of reading everything that I have to say on the subject, so I combed the interwebs on your behalf and found this awesome video making the case to invest and to not pay down your mortgage.
We’re talking about mortgages again. I promise you that I am not beating a dead horse but since this is the most expensive thing that most of us will every pay for, and since so many people are defaulting, I can’t help but covering this topic from many different angles.
I wrote a post called, 30 Year Mortgages Are For Suckers which ruffled a bit of feathers. Some of you agreed and some disagreed, but I want to back my argument up with the viewpoints of some financial gurus as well.
This opinion article is by David R. Francis and was originally posted in the Christian Science Monitor. I thought that it was an interesting viewpoint and deserved to be shared.
There’s something missing in the Washington political scene – a genuine populist, a prominent politician persistently pointing out a decades-long drift of income and wealth to a tiny fringe at the top.
Top 5 on Forbes rich list? Bill, Warren … and Carlos! […]
That’s a question that bears asking in a very iffy economy. Say for example, you collect unemployment benefits of $15 per hour, but a new job as a bill collector only pays about $11 per hour. It does make sense to continue with the unemployed help than to accept the offer and lose your benefits. But of course, the choice is not as black and white as that.
Depending on the state they are living in, retrenched workers usually collect unemployment benefits for six months although federal assistance can extend unemployed help in case of loss of a job to as much as two years. Considering studies that it takes about eight months for a worker to find a new job in America, two years is still a very long time. Don’t forget, unemployment benefits do not come out of thin air, they come from the shrinking pockets of fellow Americans. […]
I’ve been doing a decent job of evaluating secondary income streams since overtime at work is non-existent. I’ve sort of stumbled into a good one – building websites for people. Let me give you some background on this.
I first started building websites like everyone else – just tinkering here and there with no real plan. I really just wanted to learn about this whole internet thing. I built a website that was called the Premedical Student Guide which at one point ranked #1 in Google searched for the search term premed. I had NO clue what I was doing but I was getting lots of traffic and questions from people who visited my site. I wish I knew the potential gold mine that I was sitting on. That site went away when Geocities folded into Yahoo. I was too busy with school anyway. […]