In most cases small business entrepreneurs don’t have enough funds to hire a team of professional financial advisers. That is why they need to be informed about various financial aspects of running a small business enterprise. In this article we are going to share several fields in which entrepreneurs need to be at least somewhat […]
Over Half Of Europeans Aren’t Investing In The Stock Market
(1888 PressRelease) AEG Financial releases information on latest study. When it comes to putting money in the stock market, more than half of Europe is opting out. According to a new survey from AEG Financial, some 52% of Europeans say they don’t own any stocks, even as the market has enjoyed positive returns for the […]
6 Surprising Investing Mistakes
The ominous new study revealing that U.S. millennials are severely struggling with financial literacy begs a few critical questions—and not just regarding younger generations, but also older Americans with respect to personal finance proficiencies. These include “What exactly do younger generations need to focus on to take better control of their personal finances?”; “What are […]
Progress on Pension Funding
By Barry Rascovar August 4, 2014–Good news from the Maryland state retirement agency: investment earnings over the past year ending June 30 rose a strong 14.37 percent. Don’t get too excited: The state agency is still digging out of a deep financial hole caused by the Great Recession, poor decisions by former Maryland governors and […]
Why I’m Voting NO Against the 2014 Budget for the Dobbs Ferry Free Union School
For the first time ever, I am voting against the proposed $40M budget of the Dobbs Ferry Free Union School District. My NO vote is a protest against rising benefit costs, especially pension costs. I understand that pension policy is set in Albany, not in Dobbs Ferry, but I have run out of ways to […]
Is Every Pension Fund in America Bankrupt?
Wise politicians like Mayor Bloomberg realize that the math doesn’t work. New York City’s pension funds are based on the assumption that they will earn 8% per annum forever. Mayor Bloomberg has called this “indefensible” at a time when the risk free rate is 1.63%. Prudent actuarial accounting would say that the right number is […]
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