Many schools employ student labor for various purposes, such as partime help in the athletic department. Try to draw the supply curve and the demand curve for student labor in your school, so as to estimate the equilibrium wage rate for student help. (Hints: For the supply curve, survey your friends to try to determine how many hours per week they would be willing to work at various wage rates. For the demand side, determine or estimate the school budget for student help so as to calculate how many hours of student help could be bought at various wage rates. The equilibrium price will be a wage rate, while the equilibrium quantity will be the total number of hours of work purchased by the school.)
Student Loan Repayment Options In the first two days of the Student Loan Series, we covered whether college is worth the cost and the different types of student loans. Today we'll tackle student loan repayment methods. There are several ways of repaying student loans....
How College Students Can Save Money Affording student loan payments and college tuition can already be quite a challenge. This guest post by Bob Lotich, who writes for ChristianPF.com, shares some great ideas to cut costs for those of us facing education-related expenses. When you’re balancing...
Environmentally friendly school projects for teachers and parents Being the good husband of a teacher, when I came across this site I just had to share! The Green School Project is a web resource for teachers (and parents as far as I am concerned) to teach children how...
Vallejo Municipal Marina The Vallejo Municipal Marina is located in Vallejo, CA Phone: 707.648.4370 Website: http://www.ci.vallejo.ca.us/GovSite/ Slips: 809 This is the largest marina that is located in the north part of the bay. It offers numerous berths, both covered and non, as well...
Don't waste gas just because it's cheaper There is a silver lining to the recession: gas is about half as expensive as it was just a year ago. (It's just north of $2 per gallon around here.) It didn't seem to get high enough for people to...
Top 3 Craziest Ways to Save the Economy (And Why They Could Work) Our economy will survive. Despite the FUD (fear, uncertainty and doubt) about our future, we will be fine. It will just take time. The devil is in the details with our recovery though. Do we let the market sort it...
Factory farming is key to swine flu epidemic In a previous post, we noted the recently published research of Yoshihiro Kawaoka, the eminent Japanse virologist, in which he recorded the fact that he had infected miniature pigs with H1N1 swine flu, and they were asymptomatic, though readily infected....
Market Structure – Term used to describe the organization and nature of a market or an industry, particularly whether it is competitive or non competitive in nature.
Competitive Industry – An industry that consists of many small firms and is easily entered by new competitors.
Non-Competitive Industry – An industry that is dominated by a few large firms and is not easily entered by new competitors.
Price-Taker – Term used to describe the position of the individual small firm in a competitive industry, which is unable to influence the price of its product and is forced to accept (take) whatever price is determined in the market.
Price-Maker – Term used to describe the position of the dominant firm(s) in an industry, which can influence the price of the product.
Book Review: Unconventional Success by David F. Swensen David Swensen is no stranger to the institutional investment community. He has famously managed the Yale University endowment fund since 1985, achieving annualized returns of 17.8% per year over the last decade. His investment approach, commonly referred to as The...
Snowboarding Glossary Continued Swiss Cheese Air - This is a term that is used to describe a situation where the rear hand is reaching between both legs, grabbing the board's heel edge before the front foot while boning the back foot. Switch -...
Use Amazon Price History Tracker to Make Sure a Sale Really is a Sale As I've mentioned before, I am a big fan of Amazon.com, which is the first place I check when I need to buy anything — household things, dry groceries, personal care items, craft supplies, carpentry tools and — my favorite...
GPS Golf Guru 4 Precise GPS/PDA Golf Rangefinder with Multi-application capabilities User Reviews Send this to a friend GPS Golf Guru 4 Precise GPS/PDA Golf Rangefinder with Multi-application capabilities Manufacturer: GPS Golf Guru Customer Rating: List Price: $399.95 Sale Price: $349.95 Availibility: Usually ships in 24 hours Free Shipping Available Buy...
This idea is reinforced further by the fact that many directors serve on the boards of several companies, in what are called “interlocking directorships,” which tends to magnify their influence further. About one-quarter of Canadian corporate directors have significant “interlocking” connections, many of which are effected through Canada’s large and powerful chartered banks, as senior personnel from large corporations often serve on the boards of the banks and vice versa. There are different views concerning the significance of this so-called corporate business elite, with some observers feeling reassured by the stability and judgment that it provides, others seeing in it something threatening and sinister, and still others doubting whether its significance with respect to the actual operational decisions of Canada’s major corporations is as great as is often supposed.
Regardless of which of these views is the more accurate, it can be said in conclusion that large corporations play a very important role in the Canadian economy, even greater relatively to the size of the economy than in the USA, and that in these large corporations, control is often separated from ownership. Widespread small shareholders are not in a position to exercise active control. As a result, control tends to shift, depending on the circumstances, to the top management of the corporation or to the groups of influential members of the Board of Directors. Generally, neither top managers nor directors are major shareholders in their corporation; their claim to control over the corporation is based on their expertise rather than on ownership.
Small Business 101: S and C Corporations (Welcome, welcome, welcome! It's time once again for that most fun day of the week, Small Business 101 Day! Yes, it was getting boring calling the day after Monday something like Tuesday, so from now on, I shall refer to...
Productivity Lagging? Take a Siesta This post is from GRS staff writer April Dykman. I’ve discovered that one of the biggest benefits to being a full-time freelancer can be one of its drawbacks: setting ones own schedule. Don’t get me wrong, it’s the reason I...
Stream Techniques In streams, wild trout generally find their food, their shelter and the right temperatures behind rocks as well as in or near currents and under banks or around logs. You should be moving quietly and casting from downstream as trout...
In Canada, Obama gets warm welcome – and tips on managing an economy By Susan Bourette | Correspondent of The Christian Science Monitor For his first foreign visit as president, Barack Obama chose a country where no major banks have failed, home foreclosures pale by comparison with those in the United States,...
Are you in control of your financial future? This checklist can help ensure you are in the driver’s seat.
Cash flow needs
Establish a budget to track income and expenses to uncover any potential surplus for investment.
Where you have cash flow shortfalls, review discretionary expenses and determine areas where you can cut back.
Establish an emergency fund or approximately three month’s worth of expenses. Or, establish a personal line of credit.
Take advantage of any pre-payment options on your mortgage.
Estate needs
Review your Wills and Powers of Attorney once every three years (or more frequently if appropriate) to ensure your estate will be distributed according to your wishes.
Prepare Powers of Attorney (both General and for Personal Care).
Review beneficiary designations on RRSPs, RRIFs, and life insurance policies.
Insurance needs
Review your level of life insurance coverage to ensure that your family will be taken care of in the event of your death.
Review your disability insurance – is it adequate?
Ensure that coverage for your home, dwelling, and contents reflect their true replacement value.
Retirement needs
Review and update your retirement plan to ensure that you stay on track to realizing your retirement goals.
Comparing Life Insurance Policies pt 2 Continued from part one. What are the advantages of this type of insurance? Term life insurance policies tend to be a lot less expensive in comparison to other types of insurances, including whole life insurance, universal life insurance and variable...
Bad Stock Market Performance Raises Your Insurance Premium So the stock market is like a roller coaster and we're somewhere near the bottom of that big first drop. And just like the stomach in your cerebellum feeling you get as your wallet and change fly out of your...
Organized Living Weekend Review Organized Living Fast Weekend Review Take an hour or so every single weekend to review the past week and plan for the coming week.? And do it like this… This is so so so important. It puts a sheen of...
Top 3 Tips for Saving Money on Term Life Insurance Coverage If you are looking for an affordable means of protecting the future of your family, term life insurance coverage is the way to go. This type of life insurance provides an individual with basic coverage for a specific amount of...
Flexible. Patient. Sensitive. Those might sound like adjectives from a Match.com listing, but they’re terms Morning star analyst Dan Lefkovitz uses to describe Artisan International fund manager Mark Yockey. Yockey, who has helmed the portfolio since 1996, has made a name for himself by finding longterm growth stories across developed and emerging markets. He closely studies global trends like demographic changes, infrastructure development, increasing privatization, and the surge in outsourcing to unearth catalysts that could spark corporate earnings growth or high levels of free cash flow. At the same time, Yockey is sensitive to valuations, using a variety of metrics to make sure he’s not overpaying.
Those themes and price concerns result in a portfolio of some 90 stocks based anywhere from Canada to Qatar. (European stocks make up roughly 60% of the fund; companies in emerging markets account for about 20%.) One recent addition: In the third quarter of this year, Yockey picked up Spanish telecom leader Telefonica, which serves some 220 million customers in Europe. It was a call that paid off quickly: The stock has soared more than 40% since the beginning of July, helping the fund post an impressive 23% gain over the past 12 months.
With stock-picking successes like that, it’s no wonder the fund has gained more than 15% a year over the past decade, whipping the MSCI EAFE foreign index by six percentage points. That makes Artisan International a real world-beater – and puts Yockey well on his way to becoming an Old Master.
Time To Go Long The Dollar? Regular readers know I've been pretty pessimistic on the outlook of the US economy and bearish on the US dollar as well. However, since it seems like everyone is echoing the same sentiment, could it be that we're due for...
My Year End Financial Performance Review Mr. ToughMoneyLove has spent a good part of the past five months being critical of others who use poor judgment in matters of personal finance. Many of my targets have been politicians, Wall Street investment bankers, and disciples of the almighty credit...
Interview with the Dividend Guy What influenced you to start The Dividend Guy? I have always had an interest in investing. I remember discovering my Grandfather's version of "The Wealthy Barber" at their cabin where we spent many of our summers. I was about 12...
Buying and Selling Stocks 101 When it comes to investing in stocks, most people predominantly rely on mutual funds. Mutual funds are a type of professionally managed investment pool that allows you to cast your lot along with thousands of other investors at the same...
Finding a superior small-cap fund is no easy feat. Sifting through the thousands of burgeoning companies around the world is exhausting work for money managers. Those that do it well are often inundated with cash, forcing them to either eye larger targets or shut their doors to new money.
The Bridgeway Ultra-Small Company Market fund is the rare small wonder: a strong performer that’s responsibly run and still open to new cash. Bridgeway founder John Montgomery is known for his quantitative strategies, but this fund takes a different approach. Instead of actively screening for the next Microsoft or Google, it tracks an index of tiny stocks with market caps no bigger than the smallest 10% of companies on the New York Stock Exchange. Montgomery and his crew try to roughly mirror the index by owning some 550 of the 1,900 or so stocks it comprises.
At the same time, the fund’s managers avoid businesses that could blow up and hurt overall performance. (In the very-small-cap space, that adds more to the return than you might think,” says Montgomery.) The fund is also run with a strong emphasis on tax efficiency, and it boasts an extremely low expense ratio of 0.67%.
All this means that when the market for micro caps heats up, as it did for a seven-year stretch beginning in 2001, this fund really shines. Over the past five years it has posted annualized gains of 19%. Over ten years, it has averaged returns of nearly 15%, beating the Russell 2000 and 97% of the competition in its category. To be sure, those profits may be hard to sustain in coming years if investment trends start to favor large caps, as many suspect they will. But even if that happens, this fund makes for a smart way to sprinkle micro caps into any balanced portfolio.
10 Reasons You Should Never Short a Stock or Index Fund Short sellers are often cast as the big bad villains on Wall Street. After all, they are the all knowing, short term traders placing big money bets hoping your portfolio goes down in value while they turn a quick profit....
Money Market Funds Explained Money market funds are mutual funds that feature safety, high liquidity and current income or interest in the form of dividends. They are the safest of mutual funds, but have not been insured in the past by the government. Millions...
Turning Stone's Fourth Round Wrap Up It's been a pretty long time since we saw Matt Kuchar winning anything during the PGA Tour. It is because of this that we are not surprised he had a serious case of nerves when he ended up in a...
Wedding Ring Debt The following guest post is from Neal Frankle of Wealth Pilgrim. Wealth Pilgrim is on my short list of daily reads. After reading the post, head over to Neal’s site and sign up to receive his posts. How would you...
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