Bao Pham

13 Flips | 4 Magazines | 17 Likes | @BaoPham2014 | Keep up with Bao Pham on Flipboard, a place to see the stories, photos, and updates that matter to you. Flipboard creates a personalized magazine full of everything, from world news to life’s great moments. Download Flipboard for free and search for “Bao Pham”

11 Financial Books Every Young Person Should Read

Those of you who are seeking investing enlightenment are not going to find much of it on the web.<p>I suggest you log off, power down your computer, and read some books. Take your time. The months you spend perusing this list will be well spent.<p>I'd recommend reading at least the first four books …

15 Best Leadership Books Every Young Leader Must Read

Reading is an essential life skill. It’s how we record our history and share stories. Sure, there are countless books jam-packed from cover to cover …

5 Unseen Risks Stalking Your Retirement

Retirement investors have a simple task: Compound their money steadily over decades at minimal risk. Easy, right? You’d be surprised.<p>Many of us want the kind of sure-footed advice that will lead to a predictable, low-risk outcome, but often we are sold the opposite. Unsuitable, high-risk strategies …

Is Too Much Of Your Retirement Money In Stocks?

Recently, I was alarmed by new data showing how people in their 50s and 60s are investing for retirement.<p>Roughly a third of “consistent traditional Individual Retirement Account (IRA) investors” in their 50s — 31% of those age 50 to 54 and 29% age 55 to 59 — have 100% of their IRA money in stocks, …

This Simple Infographic Will Help You Decide Between A Roth And Traditional IRA

We all know we should be saving for retirement.<p>But one of the reasons why we don't is because there's tons of intimidating jargon.<p>For example, what the heck is a Roth IRA?<p>The introduction of the Roth option has been a winner for those wanting to minimize the cut taken by Uncle Sam.<p>But it has also …

Your Home Is Not A Retirement Piggy Bank

The investment bank J.P. Morgan recently released an interesting, very lengthy report on the state of the markets. Compelling reading, but the really arresting chart was all the way out on slide No. 65.<p>On that page, you learn the long-term performance statistics of a number of different asset …

The pharma industry’s blockbuster $29 billion, three-way deal is all about specialization

Novartis, GlaxoSmithKline, and Eli Lilly just announced a complicated four-part deal worth about $28.5 billion. When the dust settles, the three companies will look very different from before and, crucially, from each other.<p>Big Pharma is under assault from generic drug makers, legal challenges to …

Retirement: Help your employees, help yourself

There are 23 million or so small businesses in the U.S., employing an estimated 50 million workers—and most of them don’t have a retirement plan in …

Survey: 42% Of Employees Have Changed Jobs Due To Stress

“I can’t take this another second–I quit!”<p>We’ve all threatened it, but a new survey shows that a significant number of employees have actually made good on their declarations. A survey conducted by employment search site Monster.com of nearly 7,000 U.S. workers found that while a …

How Do Companies Boost 401(k) Enrollment? Make It Automatic

More Americans are saving for retirement through their employers' 401(k) programs. That's because in recent years they've been given a strong nudge — more companies are automatically enrolling workers in retirement savings programs.<p>Some firms are also automatically increasing the amount employees …

About half of America has zero net wealth

Wealth is the value of everything you own: stocks, bonds, your home, your car -- minus your debts. And while income inequality has taken center stage in debates about the growing gap between rich and poor, what's happening with wealth paints an even more staggering picture.<p>The wealth share of the …