Pension Funds Slammed by Market Downturn
Countries whose pension funds were heavily invested in the stock market have suffered the greatest losses, according to a new report by Organization for Economic Cooperation and Development. This probably comes as little surprise to you if you have been checking your 401k plan.
Overall, the unweighted average among pension funds around the world was [...]
A Novel Way to Raise Cash: Sell a Life Insurance Policy on Yourself
If you’re a senior and need to raise some cash, here’s a novel idea that more and more people are turning to: selling your life insurance policy. According to Kiplinger’s magazine, in 2006, $6.1 billion in life insurance policies with death benefits was bought and sold.
Here’s how it works: when you sell your policy [...]
Foregoing College Car Will Save You Money
If you are heading off to college and need to save money (who doesn’t now days?) there is one tip that may be hard to swallow, but will save you a significant chunk of money: leave the car at home. Yes, this means you won’t be able to zip around campus, but it will [...]
Full StoryDress Right to Ace Your Next Job Interview
No matter how articulate you may be or how qualified you are on paper, it’s hard to get a job is you don’t dress right for the interview. Standards of dress vary widely depending on what industry or profession you are in, but there are a few basic tips that will keep you on [...]
Full StoryFour Tips to Save on Life Insurance Costs
Life insurance is one of those things we just don’t like to think about. But if you are over age 35 or have children, life insurance is a must. The good news is that recent declines in interest rates have made the cost of life insurance policies ore affordable than ever.
While insurance professionals [...]
$12 Million Ferrari Breaks Records
If you think Mercedes is expensive, wait until you get a look at this vintage Ferrari. Last week a world record was set for the most expensive car ever sold at auction. Sotheby’s sold a vintage 1957 Ferrari 250 Testa Rossa for $12.2 million.
Only 21 of these Ferraris, with the distinctive Scaglietti-designed pontoon [...]
Media Reporting Did Not Stoke Market Frenzy
A new study concludes that – contrary to popular belief – the media does not play a major role in inflating market bubbles. With the image of Jim Cramer hawking stocks fresh in people’s heads, many people blame the media for contributing to asset bubbles like the stock market run-up. But a new [...]
Full StoryOne Amazing Job
Could this be the very best job in the world? The state of Queensland in Australia is offering a $100,000 contract to relax on Hamilton Island in the Great Barrier Reef for six months while writing a blog to promote the area. It’s is being billed by Queensland as the “Best Job in [...]
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