Writes Tom Lauricella in a fascinating article in today’s WSJ:
Asset allocation, a bedrock of investing for decades, appeared to fail miserably in 2008. The conviction shared by most investors — that they should spread their money across myriad asset classes to minimize losses — was shaken as nearly all markets tumbled in unison.
The …
Here are ten things to do this summer that are free or cheap, and that are at least more productive than loafing on the couch. You’ve got the time, right?
This is of a piece with Barbara’s annoyed Monday post about Dan Ariely and Hershey’s kisses. Stephen Laniel, whose entertaining and educational blog I came across because I keep track of online mentions of my book and it’s currently on his reading list (see, narcissism has its uses!) muses about what kind of niche he could fill as an …
I was among friends the other night, listening to a doctor go off about how health care in this country costs so much because Americans are fat. If she had to see one more obese mother feed her already-overweight eight-year-old child Cheetos for breakfast, this doctor said, she was going to scream. Want to know why we’re a nation of …
Photo albums, jewelry, video games, and clothing are among the items discounted by 50 percent or more in RedEnvelope’s sales and special savings section.
Dollar stores are booming—and not just in terms of sales, but stock prices too. Today’s WSJ highlights how Family Dollar Stores’ stock rose 12 percent yesterday with the help of strong sales reports. Also up were stock prices for Dollar Tree and Wal-Mart.
A TARP chronology:
Sept. 17, 2008: Lehman Brothers has just gone under, the financial world seems to be collapsing under our ears, and Nick Brady, Gene Ludwig and Paul Volcker propose in a Wall Street Journal op-ed that the only thing that can save us is a “mechanism in place to remove” toxic real estate assets from the financial …
How much does credit card debt really cost you? Most people don’t even want to think about it, let alone do the math themselves. But with the federal reserve’s free and simple credit card repayment calculator, you don’t have much of an excuse.
The news yesterday that John Meriwether had shut down his latest hedge fund, JWM Partners, wasn’t exactly news. Word got out back in February that the man behind legendary blowup Long-Term Capital Management was again in trouble, albeit of a less spectacular sort than 11 years ago (JWM’s main fund was down 44% from September 2007 through …
Marketers may even be better than moms when it comes to using guilt—especially when they’re using guilt on soon-to-be moms. The message, sent implicitly or sometimes quite overtly, is that how and what parents purchase for the children are direct reflections on them as parents. How could you not want the very best (i.e., the most …
Few groups ask the government to tax them. But in light of California’s budget woes, a pro-marijuana group is advocating that the state government—that’s right, THE MAN—should take a piece of the action in pot sales.
So this ad for the Palm Pre comes on TV, and a strangely familiar tune comes on in the background. I think about it for a few minutes, and then suddenly, out of nowhere, it comes to me: Doot Doot.
[youtube=http://www.youtube.com/watch?v=opaeNiiizxo]
