The Third Third Topic: Finance

Third Third Finance Life in the Third Third (previously considered Retirement) has generally meant a down-sizing of one's whole world, dictated by decreased income and the loss of economic potential. If you reject this perspective, what do you need to know about money, investing, and the currently debilitated world economy? Even if you don't reject it, what kind of financial decisions are you making?

Perspectives on Finance

But will it make you happy?

“But Will It Make You Happy?” asks the New York Times in a wide-ranging story chiefly about documented trends in recession-era consumer spending. It’s the predictable less-is-more and experiences-are-more-valuable-than-acquisitions analysis. But the richest conclus...
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FINANCE | 33 Views | 0 Comments

The New Normal

The New Normal. Isn’t there a line in the musical Hair that eschews “Normal” for children of the sixties for all time? (Something like “Please, God, Please, Don’t let me be Normal!”) So, if we never truly mastered the “old” Normal, what bothe...
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FINANCE | 141 Views | 0 Comments

If Charity Begins at Home, Where Does it End?

Charity – to quote someone (like my mother) – begins at home. At the time, she probably meant “Be nice to your sister!” Or perhaps she was thinking like on the airplane, when you have to fasten your own oxygen mask before grabbing one for your child...
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FINANCE | 213 Views | 0 Comments

I Want A Bonus, Too!

I want a bonus. I used to think I deserved a tip every now and then. But tipping is so. . . yesterday. Think about it: on any given day, a Mom’s retention bonus would be very smart. Even a wife’s. I can see bonuses for patience. For understanding. I think the only bonus I ever ...
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FINANCE | 253 Views | 0 Comments

Uncertainty Run Amok

Just when I’d convinced myself that I was cultivating a bit of wisdom with my new, age-related tolerance for ambiguity, Uncertainty ran amok! I mean, really. What’s driving the stock markets into free-fall? Uncertainty. What’s making people save for the first time in their cons...
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FINANCE | 306 Views | 0 Comments

What Are You Doing With All That Money?

What are you going to do with all that money? What money? A full 51 percent of the nation’s wealth. No! Yes! More than half the nation’s wealth is in women’s hands now. Really? Yes, really. So what are you, what are we going to do with all that money? It’s a go...
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FINANCE | 638 Views | 0 Comments

Blog entries on Finance

A Boot Camp for Retirement

I found the most helpful advice I've seen to date in a Times story called "A Boot Camp for Retirement." Not surprisingly, the "camp" is run by two women -- investment counselors -- who advise their clients to get their financial and emotional houses in order before retiring. They so believe in wha...
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Category: FINANCE | 253 Views | 0 Comments | July 27, 2009 2:49:01 pm

Unequal Retirement Rights, Too

Wise women know what's going on financially. And you can develop some of that wisdom by going to www.wiserwomen.org, (Women's Institute for a Secure Retirement) and a study sponsored by the Heinz Family Philanthropies that highlights the inherent inequalities that can impoverish women in retirement...
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Category: FINANCE | 348 Views | 0 Comments | June 30, 2008 7:10:39 pm

Ignorance is Not Profitable

The problem with presidential politics moving off center stage (finally) is that I am beginning to pay a bit more attention to the economy. And the problem with that is that I am reminded at once of how rapidly things are going south and how little I understand about it. Don’t misunderstand: I ...
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Category: FINANCE | 832 Views | 0 Comments | May 09, 2008 3:01:14 pm

Nest Egg Anxiety

Scott Burns, the syndicated personal finance columnist (scott@scottburns.com, www.dallasnews.com), calls it “Nest Egg Anxiety” and says everyone suffers from it sometime. Especially these days, with the stock market’s zig-zag pattern looking like, well, let’s just say I wish my electric bill...
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Category: FINANCE | 394 Views | 0 Comments | February 07, 2008 11:55:46 pm

Use your IRA to buy a Vacation Rental for investment, income and personal use.
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