6 (Reuters) – If there is one
incontrovertible truth in life, it is this: Our younger selves
are really dumb. Sometimes extraordinarily so.
Especially when it comes to finances. We load up that credit
card and we put off saving because we think that one day we will
come into vast riches and everything will turn out just fine.
NEW YORK (Reuters) – There are investors who couldn’t care less about dividends, and there are those who love them with an unbridled passion. Count Steve Weiss among the latter.
The New York City public-relations rep first got a taste for dividends while working for publisher McGraw-Hill (now McGraw Hill Financial) in the late 1990s. Not only did the company pay a decent yield (topping 4 percent at the start of 1997, for example), it was a so-called ‘Dividend Aristocrat’ – one of those few companies that has raised its dividend every single year for at least the past 25 years.
NEW YORK, Dec 13 (Reuters) – It was around Mile 25 of the
Brooklyn Marathon that it hit me.
I’m not talking about The Wall — although that definitely
hit me, too, during the cold and drizzly morning of Nov. 17.
NEW YORK (Reuters) – For David Sheff, there is nothing worse than the sheer terror of witnessing your own child slip away into a life of drug abuse.
The San Francisco writer felt helpless as his son Nic became addicted to substances like methamphetamine and heroin over the course of a decade, beginning in 1997 when Nic was around 15.
6 (Reuters) – What was your first job
At Reuters we have been asking prominent Americans that very
question, to coincide with the nation’s monthly jobs reports.
The results have been both surprising and revealing.
There have been family affairs: media personality Tavis
Smiley worked for his dad, cleaning buildings around an Air
Force base in Bunker Hill, Indiana, late into the night.
By Chris Taylor
(Reuters) – Marine Putman got a taste of holiday craziness a tad early this year. Like, back in the first week of September.
That’s when her 8-year-old daughter asked for a Rainbow Loom for Christmas. It was also when Putman learned that the toy, which is used to make rubber-band bracelets, was already out of stock in local stores.
NEW YORK (Reuters) – The stereotype of American millennials is not pretty: Hanging out in basements, sponging off mom and dad, not making much money to speak of, and not really sure of what to do with it, when they do get it.
But what if – as evidence suggests – that stereotype were all wrong? What if 20-somethings and 30-somethings are actually off to a pretty good start in retirement planning – and might turn out to be the savviest savers of all?
NEW YORK (Reuters) – Lance Cothern remembers when he finally hit the tipping point with office fundraisers.
It was just last year, and the Florida panhandle manufacturing company where he worked had become a hot bed of collections activities. Then the firm passed around cards offering to skim a percentage of every paycheck for a particular charity.
NEW YORK (Reuters) – When Reuters asked some of the nation’s finance gurus about their first jobs, we were taken aback by their down-to-earth answers.
Vanguard Group co-founder Jack Bogle? A pinsetter in a bowling alley. Abby Cohen, the famed strategist at Goldman Sachs? A mail sorter at New York’s Kennedy Airport.
NEW YORK, Oct 21 (Reuters) – You’ve heard of Doomsday
Preppers: folks who think cataclysmic events are on the way, and
who want to be prepared by stockpiling resources.
Now meet the Currency Preppers.
With government dysfunction on full display in Washington,
and the Federal Reserve continuing its policy of bond buying
known as quantitative easing, some investors are feeling highly
unsettled about the future of the U.S. dollar, which hit
eight-and-a-half month lows on Friday against the euro
and a basket of foreign currencies. So much so, they have
decided to hold some cash in foreign currencies.