Archive for the ‘News’ Category
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Seniors: Don’t Forget to File Your Taxes This Year
I was watching the local news this past weekend, when there was an interesting segment. In order to qualify for the free money being given in the tax stimulus package, you must file taxes for this year. Many seniors other low-income people may not be required to file their taxes. Furthermore because they might not have filed taxes in years, they probably aren’t aware that they need to do this to claim their share of the money.
I realize it is late in the tax season to get taxes filed. Fortunately, if you are in this […] -
Oops I Lost 7 Billion Dollars
This piece of news caught my eye this morning… a single trader blamed for 7.15 billion USD fraud at French bank, Societe Generale. I don’t know about you, but if I lose $10 through some kind of fraud, I get pretty upset.
I can’t help to think about the scam in Office Space to sweep the breakage from several accounts. The problem was that it worked too well and the parent company would notice. That was only a few hundred thousand if memory serves. Perhaps they could have gotten away with a billion or two more.
How do […] -
Email Subscriptions Now Fixed
For a long time, e-mail subscriptions were broken. I’m happy to announce that this is now fixed. For those who prefer to get their daily dose of Lazy Man in their in-box, simply type your e-mail address in the form below and hit submit:
As usual we’ll never sell or distribute your e-mail address to third parties.
This as good as time as any to remind you that you can also subscribe with a feed reader. This is extremely handy as you don’t have to wait for pages to load and the advertisements are minimal. I find that […] -
The Business of Professional Sports Coaches’ Pay
Darren Rovell of CNBC just had an interesting report on the New York Yankees and Joe Torre’s potential firing. Yankee owner George Steinbrenner had said that Torre’s job was on the line with the Yankees this season. With this in mind, Rovell came up with some three points for firing a CEO/Manager:
Performance is slipping
Future Growth not realized
Losing control of team/incidentRovell says that Torre falls victim to the first point as his “performance is slipping”. The expectation that Torre set with his last contract is extremely high. Winning a lot of games and making the playoffs is […]
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Baby Bonds or Lazy Man’s Trust Fund
It seems like Baby Bonds are in the news. I’ve been reading at Dollar Roller and Money Smart Life. The idea seems to be that the government would open a $5,000 account for every newborn baby in the US. The money would grow and mature at the child’s 18th birthday. Through the power of compounding interest, this money could be used to pay for college or buy a home.
I love the idea. In fact, I loved it enough to propose the lazy man’s trust fund nearly a year ago. In my plan, the idea […]
