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.)
Credit Repair Specialists Can Help Improve Your Credit Score Credit repair specialists are experts who help you reduce your debt and rebuild your credit rating. They will teach you how to organize, refinance, and in some cases renegotiate your debts to make them easier to pay down. In some...
Are You a Broke College Student? Get a Dirty Job... I Did! One of my favorite shows over the past few years has been The Discovery Channel hit series - Dirty Jobs. Mike Rowe (plus a crew of brave cameramen) pick a few disgusting and/or labor intensive jobs each week that no...
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...
St Tammany Parish School Board There are 2 noteworthy news regarding the St Tammany Parish School Board: 1) The St. Tammany Parish School Board announced that all students and employees would be given an opportunity to receive the H1N1 vaccine free of charge. According to...
Is Recession Preparing a New Breed of Survivalist? Yahoo ran an interesting article this morning indicating a rise in the number of survivalist communities cropping up around the country. I have been wondering myself how much of the recent energy crisis is causing people to do things like...
The Effects of Free Market on Investing If you ask me, properly determining the value of an investment is the single most important aspect of investing. Many investors may argue that diversification is most important, but diversification will not help if the majority of investments are overvalued....
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...
Inflation is to cart as COLA is to horse I suppose in some ways it might look like zero inflation is bad for you. After all: Social Security checks don't go up. Marginal tax bracket cutoffs don't go up. The standard federal income tax deduction doesn't go up. Interest...
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.
Forex Traders Emotions Can Destroy The Business The reality is, the great quantity of investors loses because they can’t manage their feelings and their feelings are the reasons of their irrational deals and loses. Trading psychology is one of the crucial for investments fortune, but its influence...
Tax Rebate Money Could Be Better Spent A couple days ago I wrote about the possibility of an upcoming tax rebate as part of a broader [tag]economic stimulus package[/tag]. After learning more about the stimulus package, and the state of the U.S. economy I am more convinced...
USANA Business - Here's The Review Hello everyone, today I will be sharing a quick review on USANA, and also I will be revealing today some of the many reasons why most struggle when attempting to launch their home-based businesses from the start. Also what you...
Get Useful Information About Forex Forecasts The presented article covers one of the most important (in author’s opinion) aspects of trading in general and FOREX trading in particular – managing of orders and positions. This includes choosing entry points, making decisions about exit points, stop-loss and...
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.
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....
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...
Wealth, Greed, Envy and Shame The title sounds a bit like a shady law firm, doesn't it? Actually, it's meant to convey the emotions of this post's topic. A topic I've thought a lot about recently, and one that another blogger covered in a recent...
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.
Do Your Parents Need Long Term Care Insurance? A few months ago I wrote about how finding out your parents financial situation can be stressful and I thought I would touch on that again now that my brother and I have been talking a little more about it....
Best of Money Carnival Welcome to the 17th edition of the Best of Money Carnival. The BoM Carnival gathers submissions from some of the best personal finance and investing bloggers on the web, and permits the hosting blogger the privilege of choosing his or...
What types of insurance do you really need? Since none of us can predict the future, we look for ways to prepare for the unexpected. For example, even though you are a perfect driver, your insurance company knows there are some real crazies out there, so they insist...
Guide to Investing Money & Money Management Much of money management focuses on investing money to reach a financial goal. You can get low-cost investment management help and still be your own money manager. Here's your basic guide to investing and money management on a budget. As...
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.
Mutual Funds 101 One way that investors can pool their money is mutual funds, which allows them to invest together in a variety of different stocks. Each of the participating investors is charged a percentage fee based on what they invest so that...
How to Help Your Kids Build $25,000 Stock Portfolios Mary and her husband set out to build a stock portfolio worth $25,000 as a college graduation present for each of their children. That’s a lofty goal. How did they do it? In her entry to the GRS video contest,...
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.
USA - The Land of Deadbeats? The Wall Street Journal had an article advising homeowners who were upside down on their mortgage to just throw in the towel and walk away from their mortgage. Here's the abridged version: Millions of Americans are now deeply underwater on...
Index Funds 101 The most significant invention in the 20th century as far as investing goes is mutual funds, at least if you are a small individual investor with modest means. Thanks to mutual funds, the benefits associated with large scale international capital...
Differences Between a Money Market Account and a Money Market Fund With the names sounding so similar, a money market account and a money market fund can be confusing at times to many people, and considered a different name for the same investment vehicle, when in reality they're very different in...
Don't Get Scammed – 2 Simple Ways For Finding A Great Forex Trading Robot! Right from the start let us understand this undeniable detail straight; all Forex Trading Robots are not the same! You have to burn that thought into your mind because you will pick up nice stories and terrible stories as they...
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