Everybody’s A Financial Genius!

Over at one of my favorite blogs, “Get Rich Slowly”, site owner JD writes how he successfully invested more money in the stock market earlier this year.  He wasn’t bragging, he was just stating a fact.  JD is very influential, especially given he has 68,000 subscribers!

What’s interesting to note is the commentary that follows his entry.  There are about 125 posts so far on the topic today alone.  Not bad, considering the 75% commentary range is between 60-90.  After reading every single comment here at home, it surprises me that over 80% of the readers have outperformed the S&P drastically and have made a lot of money.  80% compares favorably to studies which show that only 6% of active fund managers outperformed the S&P 500 over the last five years!

In one of the greatest stock market turmoils in our lifetimes, apparently the majority at GRS didn’t lose much money, didn’t capitulate at the bottom, and made some timely investments earlier this year to ride the rocket ship!  

You’re Not Going Clubbing! Interview Attire 101

Nice threadsOver at “Laid Off And Looking”, one of the bloggers posts about the “Perils of Interview Attire.” He received positive feedback about his skills, but a middle manager told him after his second round that he was concerned about his attire.  “Too inappropriate, and casual” John was told.  When he dressed up in a suit for the final round, the CEO then mentioned to “never wear a tie to an interview at a startup!” Safe to say, John didn’t get the job.  So what gives?

Honestly, it amazes me how clueless John is after 12 years in the work force.  If you are interviewing at a start up, there’s no business looking like a penguin in the tropics.  And if you are interviewing at a law firm, you better not think a polo shirt and khakis is appropriate.

The rules of dress attire are very simple:

30 Minutes At Starbucks

So here I am at Starbucks, testing to see if being here among the bustle of loungers helps gives me writing inspiration.  They say it’s good to get out of the house once in a while to recharge the soul.  I take the first seat that’s available, and what do I notice?  Hanging on the side of the chair, hidden behind the backrest is a white purse.  I look around wondering if someone had dared claim their space with something so valuable.  Several minutes past, and I thought to myself definitely not.  A poor woman must be frantically back-tracking where she could have misplaced her purse.  Eventually she would return, or will she?

As I waited, I felt like a culprit.  I didn’t want to take the purse and give it to the front counter.  For what if in that instant, the woman popped into the store and saw me?  I’d be implicated as the thief and would have to explain myself.  Maybe she was simply taking a long time in the bathroom after a venti mint mocha frappuccino and had a very large husband to boot?  I was trapped, and felt like I was on candid camera, being tested on what I should do.  The temptation to open the purse and reveal any treasures was not great.

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What Do Retirees Age 65-75 Do Compared To The Rest?

The Bureau of Labor Statistics & USNWR comes out with an interesting survey that seeks to find out what retirees age 65 to 75 do all day compared to the working and younger population. Apparently, not much more! More sleep, leisure sports, TV, and household activities and less work (duh) accounts for the biggest differences, a whopping 3 hrs!

In other words, whether you’re working or not, your life doesn’t change much except for the fact you don’t have to set the alarm clock anymore, and you get to watch almost 2 hours more of “Lost” and “24″! Got to love statistics. This average retirement sounds very boring, but then again by definition, average is boring!

Obama’s Universal Healthcare Proposal


In Sarah’s first online post since quitting her job as Governor of Alaska, she writes that Obama’s Healthcare Plan is “Evil” because of its support for euthanasia. Obama later explains, “Nobody is going to be forcing you to make a set of decisions on end-of-life care based on some bureaucratic law in Washington.” What’s interesting to note is how this story has garnered so much more attention rather than the costs and implementation of Obama’s healthcare plan. I have admittedly not paid attention to this debate, but feel I should. In this post, I attempt to provide a brief understanding of this controversial topic, along with various viewpoints.

THE SKINNY ON UNIVERSAL HEALTHCARE:

WHAT IS IT?
* Universal health care is also known as single-payer system, united health care system, or national health care. Universal health care is similar to the current US Medicaid program for low-income folks, and would apply to all citizens of the US regardless of the ability to pay.

WHY HAVE IT?
* Supposedly 50 million or so Americans, or almost 20% of the country’s population is without healthcare. People will argue that it should be the right of every American to have coverage, just like the Canadians and the British.

ADVANTAGES
* With a single Universal Healthcare system, Americans will save money because the new system will slash billions of dollars in administrative costs. Furthermore, 50 million people will have coverage.

DISADVANTAGES
* To provide 50 million more people with free healthcare, someone has got to pay for it. Some don’t believe big government will be able to run the new system as efficiently as the private sector.

With this quick understanding, here are various opinions from real people I’d like to share with you.