If you’re unfulfilled at work, stuck on the corporate treadmill or recently lost your job — that doesn’t necessarily mean you should seek out venture capital or start your own business. Investing in entrepreneurs who have “no chance” at success squanders resources and “misdirects human capital,” said Thomas Duening, El Pomar Chair for Business and [...]
Continue reading …Lately, there’s “never a dull moment” in the economy, said William B. Greiner, chief investment officer of Scout Investment Advisors. “We’ll see continued uncertainty — but nowhere near what we’ve seen for the last 18 months,” Greiner said. “We’ve been calling the (end of the) recession, but the ferocity of the rebound will be a [...]
Continue reading …According to Bankrate.com, 57 percent of Americans don’t have a will. Pardon me, but having a will and creating a simple trust is essential to preserving one’s legacy. (This should not be an “aha” moment — but if it is, do yourself and your heirs a favor and make a will already.) Recently at The [...]
Continue reading …Many people want financial industry reform. And few want to see a return to the unstable, “innovative” (read, downright precarious) collateralized debt obligations and complicated financial structures of the past decade. But more regulation, proposed by the Obama administration, is not the answer, said Mariner Kemper, chairman and CEO of UMB Financial Corp. While Kemper [...]
Continue reading …No easy path to long-term financial success For a few wild, delirious years, investing seemed glamorous and easy. One merely had to dabble absentmindedly in equities, snapping up the latest hottest stocks like so many baubles in a jewelry store, and then sit back and count the glittery profits. But reality has checked into the [...]
Continue reading …Mornings are chilly, cherries are already out of season and its dark by 8 p.m. — yes, it’s that time of year again. Time for a sneak preview of the Southern Colorado Economic Forum, that is. (If you thought I’d say something cliché about the “crisp feel of autumn in the air,” then you don’t [...]
Continue reading …One of the keys to a happy healthy retirement in the future is “living within your means,” now — so there’s money to save and invest. And for all the investors who thought they were doing the right thing — spending sensibly, saving prodigiously and investing steadily — but still were beaten soundly by Wall [...]
Continue reading …Why borrowing from the future doesn’t really help in the here and now Wall Street is cautiously peeking its head out from under the rubble. But economic revival is not yet translating to recovery on Main Street. Concerned about rising debt, some employees are withdrawing money from their retirement accounts, and many have stopped contributing. [...]
Continue reading …Average investors have a “permanent buy-side bias,” said John O’Donnell, chief knowledge officer of Online Trading Academy. Sounds serious, if not terminal — but it can be overcome. “Part of the challenge is to bridge the gap between the public’s perception and reality,” he said. People “always look to buy something of good value — [...]
Continue reading …It’s time to check the pulse of Colorado’s economy — either that or there was a dearth of local financial seminars this week. Go figure. It’s July and half the city, it would seem, is on vacation. Notwithstanding, yours truly still remembers the good old days, say, last summer, when she interviewed economists who said [...]
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