The Federal Reserve Bank released its study on changes in US family finance from 2007 to 2010, and the results are not pretty. The headline is that median net worth fell 38.8 percent over this period. One reason that college seems so unaffordable these days is that, well, it is. A middle-class family has fewer… [Read More]
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A New E-Book for Traders
I am one of many contributors to a new e-book, Trading Strategies of Top Market Professionals. It has information for traders with a little bit of experience who wants to know a lot more about different strategies and markets. The download is $29.00. If you find my site looking for advanced strategies, you might want… [Read More]
Paying for College: The Community College Conundrum
One bit of advice that I often hear about reducing college costs is to do the first two years at community college, then transfer. I have real trepidations about this advice, though. It can work for some people, but are you among them? The first problem is that not all community colleges are the same…. [Read More]
Another Sports Stadium Funding Disaster for Taxpayers
Yesterday’s Chicago Tribune has a long story about how the Chicago suburb of Bridgeview used taxpayer money to build Toyota Park, a stadium for the for-profit, privately owned Chicago Fire soccer club. Did it pay off? Why, yes, of course it did. It paid off for the team and different businesses that had connections to… [Read More]
Hope springs eternal.
I don’t think parking for post-season night games will be a problem this year.