Should you consider Buying Life Insurance for a Child?

"The Sick Child" - Edvard Munch, 1885-86

  Indeed, should one think about life insurance for their children?  Well, if you do have any cash to spare though then life insurance for your child is certainly something you can consider for various reasons.  ( more at ABL ) Your child may become ill later in life You probably don’t want to think of it as a possibility but the sad fact is that previously healthy children can encounter health problems as they get older. Once a life insurance policy is in place it will not be cancelled so this may be a very valuable lifeline for a child who would struggle to get life insurance in adulthood, due to heath issues. Of course this is only going to apply if you purchase whole life insurance for your child and you have to … [Read more...]

There’s Money in Them Thar Mortgage REITs… Or so It Would Seem

* "a substantial amount of ARMs"  ... hehehehe

Set a Google Finance stock screen for a few fun parameters like high profit margin, and you're in for an enjoyable afternoon of sieving through balance sheets and income statements.  Fun for people like recovering PF bloggers looking to write a semi-coherent post on how plunk down a few thousand on a steadily profitable, high-net margin, dividend-paying equity. Right, then... Set the control criteria for a Net Profit Margin of 20% to 50%, a 52-week stock price change of no more than -10% to an upside of 35%, dividend yields from 2% to 15%, and a price-to-earnings ratio varying from 10 to 15.  Throw in a market capitalization range from $40M to less than $1 Billion - because we believes that small-caps are more nimble and profitable … [Read more...]

Five Essential Moves when Starting an Online Store

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As the US economy improves consumer confidence is rising along with it, according to Internet Retailer, with 87 percent of consumers planning to shop online about the same or more than they did in 2013. With 91 percent of those shoppers purchasing small ticket items - typically classed as purchases under $500 - there is plenty of room at all levels for an online retailer to find a comfortable niche. Whether you are showcasing your own handcrafted products or importing and wholesaling to other businesses or anything in between, there are some tips and tricks to smooth eCommerce launches. Getting Ready to Launch Opening a new business takes a lot of preparation, and even if you're still waiting for various permits, certifications, and … [Read more...]

Finding Work as Stay-at-Home Parents

Working from home: pajamas optional

Earning side money for a for a mom or dad that is staying at home with kids is a great way to balance the personal and professional side, as well as a way to earn good money without having to leave home. You can either look for jobs by location or by field of interest, but best be prepared for the many obstacles and potential scams along the way. Start with skills you have One of the most obvious ways to find a telecommuting position is concentrating on your past expertise, and how well that fits  with an unsupervised, remote worker application.   In today’s market there are many career fields that are suitable for remote workers, such as some aspects of  public relations, freelance writing, bookkeeping, tax accounting, programming … [Read more...]

“Unsold” Cars and Fun With Stock Screens

... wouldn't mind finding this at a country auction...

Gloom-and-doom sentiment abounds on the internet. You can stumble across it with not even a diligent search.  A click here and there, and eventual perambulations resulted in a look-see at this alarming article from ZeroHedge: Where the World's Unsold Cars Go To Die Lots and lots of photos, mostly of staging areas at ports around the world, including Baltimore USA and Civitavecchia in Italy, some taken through Google Earth, some from regular stock photos. The basic premise of the "article"[1] is that since there are untold thousands (hundreds, even!) of parked cars in these areas, that new cars aren't selling well or fast enough.  *NO ONE* is buying new cars.  New cars are beyond the reach of the SHRINKING middle class.  … [Read more...]

Urban Open Spaces – The World’s Best Cities for Parks

Barcelona

  Perhaps your favourite thing about a city break is the architecture and landmarks, or perhaps the shopping and the restaurants. Whatever you enjoy most about vacations in the city, at some stage you’ll no doubt visit the local green space, especially when the weather is good. Our list of the world’s best urban parks includes four iconic cities, so why not take advantage of cheap flights this year and head off to explore? The Big Apple Central Park is one of the most famous parks in the world, and for good reason. Head there for a picnic, a stroll round the botanical gardens, a trip to the zoo or to catch a concert. This sprawling green space is surrounded by the city’s iconic skyscrapers, and is a tranquil oasis away from … [Read more...]

Make Tons of Money! Invest in the Higher Cost of Food! Do it Now!

higher cost of food

Food prices must be going up, at least according to headlines. The 101Centavos Gmail inbox runneth over Google's news alerts set to the "rising food prices" keywords. What used to be maybe a weekly update, and mostly concerned with onion prices in India and Pakistan (onions must be a big deal there), now it's a daily ping. For example, from an American newspaper of record, the Wall Street Journal: Rising Food Prices May Cause Consumer Indigestion From the BBC:  Affordable healthy diet 'too expensive for many' And forget about fast food:  Chipotle's price hike may mean pricier burritos for steak lovers Sure, grocery prices at the market are going up and up, with the root causes being both varied and predictable.  From … [Read more...]

Gardening Odds and Ends

IMG-20140423-00162 chives

"A weed is just a plant out of place". An oft-repeated aphorisms from a gardening mentor which also neatly fits into organizational theory: non-performing team members just who just haven't found their niche or unique role as an individual contributor. Either the plant (or he/she) gets pulled up by the roots (fired/termed/seek new opportunities/make new friends/whacked) and tossed on the compost pile, or gently removed to a garden spot more congenial to its purpose (re-assigned to new and exciting projects!!)     What's not to like about chive blossoms? Grab a few, break them up a little, and toss them on whatever you want to taste like a garlic/onion combo: a salad, an egg tart, or an open face sandwich.   A … [Read more...]

Don’t Misunderestimate the Salescallsiness of a Job Inteview (Career Tip Number 20)

CHEESY SALESMAN ALSO 443087220_a33182667f_o

That's right, salescallsiness [1]. Not entirely a proper word, but it conveys the urgency  and passion that candidates should feel when they're sitting across the table from *any* prospective employer, be it a company looking to hire, or a prospective customer looking to hire their services[2]. The listless salesperson will be vanquished by the one with zeal and passion.  The unprepared by the prepared.  And the indifferent by the one who engages the prospect and stokes their interest.  Remember  A=attention, I=Interest, D=Decision and A=Action? Picture this: a candidate travels all the way across North America to a job interview for a six-figure professional position.  Does she take notes? Does she ask thoughtful, … [Read more...]

Sunday Morning Fish Wrap: So Thirsty!

California drought

The Fish Wrap: a spasmodic caboodle of captivating bits and bobs, loosely grouped by subject matter around personal finance, investing, news, and maybe the odd rant or recipe. "Whiskey is for drinkin', water is for fightin'" ~ Mark Twain Well, this is what happens when you live under a self-placed rock, you miss the story of California's ongoing drought. Not that I'm a stranger to this topic, having canvassed door-to-door for a Bay Area environmental group back in college years (hey, I needed the work, starving student and all that...). "Cadillac Desert" by Marc Reisner was almost required reading, as training material for the squads of earnest young people who would cadge donations from enviro-shamed affluent … [Read more...]