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Posted in Finance, retirement on Jan 9th, 2012
I’ve been reading a lot of this lately: The American Dream has been shattered. It used to be that a hard-working person could pretty much bank on getting a job after school. And if they worked hard at it, they knew they would make enough money to buy a home and support their family. They [...]
Posted in Finance on Jun 17th, 2011
A couple weeks ago we noticed our brakes were making a weird sound, so we took it to two different shops. And we got two quotes, which is the responsible thing to do. But what do you do when one comes back at $420 and the other at $3,500? You take it to a third [...]
Posted in Finance on Sep 29th, 2010
Last week the AP ran a story on the California Public Employees’ Retirement System (CalPERS) and how they were issuing bonuses to their employees despite the fund losing so much of its value. The first paragraph set the tone right away, as any good piece of journalism should: As its investment portfolio was losing nearly [...]
Posted in Finance on Aug 25th, 2010
How much money do you need to call yourself rich? Thanks to Obama’s tax proposal, we don’t have to wonder much longer. His plan is to make the Bush tax cuts permanent for everyone except the “rich.” So if you make $200,000 or you’re a couple that makes more than $250,000, congratulations! You’re in the [...]
