Lou's Feed
Oct 14, 2011
via Reuters Money

Divorce stress meets recession mess, and women struggle


When Carol Meerschaert of Paoli, Pennsylvania divorced 10 years ago, she experienced first-hand how starting over as a single mom also means managing the money without any help.

Her kids were 7, 10 and 14, and even though she had income as a dietician, “it certainly was very challenging,” Meerschaert recalls. She moved into a smaller home, paid her own mortgage and, in time, funded college tuition for her eldest daughter.

Oct 11, 2011

Steve Jobs death spawns collectibles, but few sales

NEW YORK, Oct 11 (Reuters) – When rock stars die, any
trinket connected to their history soars in value. And
certainly, Steve Jobs was the tech equivalent of a John Lennon
or Jimi Hendrix.

But the death of the Apple co-founder last week
had no such effect on Apple collectibles, from still-working
1980s computers to floppy disc sets (seefor more info).

Oct 10, 2011
via Reuters Money

Steve Jobs and giving anonymously


For all that he achieved in his life in terms of his public image, Steve Jobs was famously not a public philanthropist, unlike his equally titanic tech rival, Microsoft’s former head Bill Gates.

Gates these days is almost as well known for the ongoing good work of the Gates Foundation as he is his private sector success. Jobs, by contrast, kept gates of secrecy around whatever philanthropic impulses he possessed. His giving track record remains shrouded after his passing from pancreatic cancer on Oct. 5, and while his will could shed some light on that, there’s yet no public knowledge of who has the will, when it will be disclosed, and whether charities will get anything.

Oct 7, 2011
Oct 7, 2011
Oct 6, 2011

No bites (yet) for Apple collectibles after death of Jobs

NEW YORK, Oct 6 (Reuters) – Not everything Steve Jobs
touched, as it turns out, turned to iGold.

With 12 minutes to go, an eBay (EBAY.O: Quote, Profile, Research, Stock Buzz) auction ticked
down, down, down Thursday afternoon for a trinket of Apple
(AAPL.O: Quote, Profile, Research, Stock Buzz) history dubbed “COLLECTIBLE-RARE”: A set of demo
floppy discs released between 1980 and 1983 for Apple III
software programs.

Oct 6, 2011
Oct 5, 2011
Oct 4, 2011
via Reuters Money

Secrets of wealthy whiz kids: How to make a million by 21


Earlier this month, Reuters Money featured a story with advice on how to get on the road to Millionaire Row. But what if you’re in a hurry, like so many multi-tasking teens of the 21st Century? What if your goal is to make that million by the time you turn 21? Can it be done?

The answer is yes, if you take the fast lane as an entrepreneur on steroids — something common to the four millionaires we polled for this follow-up. Three made it to the seven-digit milestone by 21; the fourth reached it when he turned 24. Here, those wealthy whiz kids past and present share the secrets that contributed to the fortunes they made.

Oct 4, 2011
    • About Lou

      "Lou Carlozo most recently served as the managing editor at WalletPop.com, AOL's personal finance website. He also wrote and created "The Recession Diaries" column at the Chicago Tribune, where he served as an editor and staff writer for 16 years. The author of a journalism textbook and an adjunct professor at National-Louis University, Carlozo is the lead popular music critic for Christian Century magazine, a contributor to Downbeat magazine and also writes the "Green Dad" column for DealNews.com. The opinions expressed are his own."
      Joined Reuters:
      Bob Briner Impact Award, Biola University, 2007
      Chicago Tribune Innovator Award, 2005
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