I have lots of stuff to talk about in July:
July is National Retirement Planning Month, and I’m going to be interviewing Bill Losey, CFP, CSA, author of Retire in a Week, who will provide some great information about retirement planning for Baby Boomers.
July is also the middle of the year and time to take stock […]
The b5media Business Channel is running a Great Blog-OFF today, in honor of the first day of summer. Instead of June 21, the first day of summer this year is June 20. This hasn’t happened since (the 1970s?). Many Business Channel bloggers will be blogging all day - some every hour. […]
I confess; I’m a confirmed choc-o-holic. I blame my mother; the only way she could get me to drink milk was to put chocolate syrup in it. Remember?
I am convinced that chocolate is the perfect food. I am certain that it is also a healthy food. We have all heard […]
Warren Buffett on children: “…a very rich person should leave his kids enough to do anything but not enough to do nothing.”
You don’t have to be very rich to believe that. Have you ever wondered why children of rich people don’t do as well as their parents? I believe it’s because they […]
There are two schools of thought on this one:
1. It’s a recession. No one is buying. So in order to get new customers and keep my current customers happy, you lower your prices.
2. We are also seeing inflation. Increased gasoline prices have affected your business significantly. So you have […]
“A Place for Mom” bills itself as “the nation’s largest elder care referral service.” Their mission is to help the elderly and their families find the best solution to eldercare needs and they have over 200 advisers. Since they appear to offer these services without cost, I wondered how they get money. They say, “Our […]
My husband and I have been thinking about turning our 401k/IRA money into annuities. But we are concerned about:
1. Outliving our money
2. Not having enough for “play money” for those cruises we want to take.
Our financial consultant suggested variable annuities. Since we don’t know much about them, we’ve been doing some searching. Miranda Marquit, over […]
I was getting my haircut on Friday and the subject of successful people came up. My guy cuts the hair for a number of financially successfully people and spouses around the area. We both agreed that the common denominator with all these financially successful people was the amount of time they put into their work. […]
Maybe you have heard of the $100 laptop for developing countries. It was the brainchild of Prof. Nicholas Negroponte of MIT. His earth-satering idea is to provide laptops to kids in developing countries for $100 each. He started all this in’05. He started at the UN and got tremendous response. He was set to sell millions […]
Here is the second part of our list of creative ways to finance your small business idea:
6. Cash in an IRA - Be careful now. You’re messing with your retirement funds. See if the bank will take the IRA as collateral without cashing it in.
7. Assign a CD - same as above.
8. Vendor financing […]
business advice for boomers
Written by Jean Murray [email] for b5media.
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