You’re a hedge fund manager working and living in CT, catching a 7:30 showing of Harry Potter this evening in Stamford. The tickets have been purchased, the seats selected, and the previews about to begin. You tell your wife you need to take a leak and will be back in 5. You clumsily make your way through the aisle, forcing people to turn their legs so you can fit through and get outside. But once there you don’t head toward the bathroom. Because that’s not what you actually excused yourself to do. Oh, you came outside to pull down your pants and relieve yourself alright, but in a totally different way: by shoving a box of Jujubees in them. Read more »
you better check yourself before you wreck yourself
About six weeks back, investor Carl Icahn announced he’d be closing the hedge fund he opened in 2004. The move- and the fact that Icahn is 75 years old- got the Times thinking. Thinking things like 1) Icahn’s getting up there in years and might die soon (as evidenced by the headline “The Raider In The Winter” and 2) That he’d “lost so much money during the financial crisis that he is still a bit shaken by the experience.” Icahn addressed the second point, which he says is false, in a letter to the editor over the weekend. The short version? The Grey Lady can suck it. The slightly longer version: Read more »
Mitt Romney says that if he runs for president, “I won’t be asking Tim Geithner how the economy works—or Larry Summers how to start a business.” Have you ever talked business strategy with Governor Romney? He was very interested in what Harvard and I could do to help during the time when he was governor of Massachusetts. Are you surprised to hear him attacking your business acumen? No. You shouldn’t work in Washington if you are not prepared to become an object of symbolic attack. My recollection is that in his highly successful business career, Governor Romney did a fair amount of job-destroying at a number of companies that his firm purchased. [Newsweek]
“I had two things going against me. I was a reporter with a camera and I was a woman,” she says of her early days reporting live from the bedlam of the testosterone-fueled boys’ club on the exchange floor. “One day, I was standing by the General Electric post and there were maybe 25 guys within earshot when one of them who was about three times my age said, ‘Run along, little girl, and don’t come here again.’ I had knots in my stomach. I looked at him and said, ‘Don’t talk to me that way’—and I ran along! But I came back! And I kept coming back. And 20 years later, I’m still there.” [VF]
Short version: va fangool. Longer version: Read more »
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You know what they say: You can’t choose your family, but you can choose your financial planner. Or something like that. One of the great things of being in charge of your money is choosing who (if anyone) will help you manage it. The choice isn’t always an easy one. How will you know that your planner is reputable and trustworthy?
These five red flags may be good indications of whether the financial planner sitting across from you is someone you should trust with your money. LearnVest Planning also provides an innovative 7-step program for your money where you work one-on-one with a financial planner. To see if this program is right for you, start with a free financial consultation.
1. She Isn’t Certified
“There are a lot of good planners out there who aren’t Certified Financial Panners™,” says Samantha Vient, CFP®, of LearnVest Planning Services. “However, CFPs® are required to adhere to the CFP® Board’s standards of professional conduct.We believe it’s always a good idea to work with someone who has the CFP® designation, which is issued after completing a CFP® Board-approved personal financial planning curriculum, passing a rigorous exam issued by the Certified Financial Planner Board of Standards, meeting experience requirements and passing an ethics and background check.
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Sponsored Content
SoFi Answers the Call to Refinance Student Loans and Provides Unique Community Benefits
This is a guest post written by SoFi’s CEO, Mike Cagney.
CLICK HERE TO READ THE FULL ARTICLE
Recently, there’s been a lot of talk amongst leaders in Washington about how to improve the painful process of repaying student loans. At SoFi, we feel your pain and work hard to offer more flexible, more affordable options for our borrowers. One idea that’s getting a lot of attention is increasing the options for refinancing debt after graduation. The only lender currently focused on refinancing private and federal student loans is SoFi.
We recognized early on that borrowers who have made timely payments on their loans, graduated from school, and have a job should be able to refinance their student loans at a lower interest rate. This may be why, after resuming lending by invitation, the media became increasingly interested in what we are doing.
In a recent article posted on MainStreet.com SoFi General Counsel Rob Lavet had this to say about SoFi’s ReFi products: Read more »
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