You think you’ve got it rough. Consider the poor hedge fund manager, who has an awful lot riding on the percentage gains he or she is able to post for clients. The reason is that hedge fund skippers pocket about 20% of the fund’s gains in addition to their annual fee. Of course, it’s a bit more complicated than that because to pocket a …
Cheapskate Wisdom from … J.D. at Get Rich Slowly
“You can have anything you want, but you can’t have everything you want.”
It’s a Deal: 20% Off Everything at CVS.com
The Ceiling Fan as Energy (and Money) Saver
The fan is often thought of as the poor man’s air conditioner. But you might want to use a ceiling fan even in rooms that have A/C, and you might want to turn the fan on even in the winter.
Buzz Kill: Turns Out Selling Pot Fails as a Get-Rich-Quick Scheme
All of those spreadsheets, business models, and marketing ideas you’ve been poring over in your parent’s basement—perhaps between video games and bong hits—may have been a waste of time.
It’s a Deal: Carter’s Kids Clothing from $3.99
Check out Carter’s Super Duper Clearance Sale (online and in stores) for pajamas, T-shirts, outfits, and more starting at $3.99. A big selection of clearance items are available in baby, toddler, and kids’ sizes.
America, Home of the Financial Ignoramus
This just in: A startlingly large number of Americans—perhaps you’re one of them—are basically financially illiterate, without a clue when it comes to concepts like inflation and interest rates. At the same time, financial options have grown, and grown more complicated, with gotcha mortgages and credit card agreements overloaded with …
Want a Job? Want to Retire? Avoid these Strange, All-Too-Common Blunders
Neither getting a job in today’s economy, nor retiring after the portfolio-busting Great Recession, is an easy task. They’re both especially difficult to accomplish if you’ve made silly, shortsighted mistakes through the course of your quest. One quick tip: During a job interview, it’s probably not a good idea to answer your cell phone …
Has the G-20 doomed the recovery?
So they’ve gone and done it. Even though the G-20 called the recovery “uneven and fragile” in the final declaration from its weekend confab in Toronto, the advanced economies also pledged to at least halve fiscal deficits by 2013 and stabilize or reduce government debt-to-GDP ratios by 2016. The statement read:
Recent events
…
Shout Out: ‘Weed It and Reap: Making a Meal with Nature’s Outcasts’
“Yes, there is such a thing as a free lunch, and you’re probably walking on it every day.” A story reveals how to make meals with dandelions and other edible things that grow in your yard — and that you’re probably accustomed to treating with pesticides or angrily ripping out from the roots. Brilliant headline too.
One Ailing Pet Yields a Small-Biz Juggernaut
Jean Hoffman’s aging pet inspired her to found a generic drug company for animals, where growth potential is the cat’s meow
Are Low Interest Rates Bad for the Economy?
Earlier this week, the Federal Reserve had its regularly scheduled meeting and Bernanke & Co. decided to keep short-term interest rates at near zero, as they have been for a while. Low interest rates are supposed to spur growth by encourage borrowing, giving people more money to spend and invest. But interest rates have been really, …