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The Forbes 2013 Investment Guide

We live in an era when immediacy and short-term thinking often trump the foundational wisdom that can make a real difference in one’s financial life. In this special 2013 Investment Guide we combine smart, actionable advice—like our ETF Best Buy list and our story on ways to wangle out of an …

Billionaire-Backed Twinkies To Return To Shelves In July

Hostess Brands, the sweet treats company purchased by two billionaire-backed private equity shops in March, is set to bring its iconic desserts back to shelves next month.<p>Starting July 15, the new boxes of Twinkies, Ho Hos and Ding Dongs will appear, each package baring the same tagline: “The …

The Wrong Kind Of Diversification

Asset class diversification is a good thing because it lowers the potential for a large loss. However, diversifying actively managed mutual funds within an asset class is a bad thing because it decreases the already low probability for outperforming a comparable portfolio of all index funds. If you …

How To Find Unclaimed Money And Property

Loss is part of life. Some of us lose in love. Some of us are famous for losing our car keys or a cell phone. And we all lose family and friends, eventually. Sometimes loss is funny (finding the car keys in the refrigerator) or heartbreaking.<p>But a lost life insurance policy or money missing from a …

How To Get Multiple Offers On Your Home

Mackenzie Weiss spent the last decade updating a 3,000 square-foot 1985 home she and her podiatrist husband, David, bought for $289,000 in 2000 in the Richmond, Va. suburb of Henrico. They put in hardwood floors, stainless steel kitchen appliances, energy-efficient windows and travertine tiles with …

5 Hidden Forces That Can Boost (Or Deplete) Your Bank Account

Earlier this week, I wrote about Adam Alter’s recent book, “Drunk Tank Pink And Other Unexpected Forces That Shape How We Think, Feel, And Behave,” which reveals numerous unseen forces that affect our thoughts and actions.<p>The article mentioned seven ways in which people (or companies) get ahead due …

Dirty Mortgage Words

There are lots of dirty words in the mortgage business, some are consumer-centric, some are industry terms, and all of them are dreadful. Words like <i>foreclosure</i> and terms like <i>short sale</i> have become commonplace in our everyday vernacular and as dreadful as they may be, there are others that strike …

Hate The IRS? You'll Love These Laws

Tax collectors throughout history haven’t been as popular as athletes or entertainers–or even garbage collectors. But even against the decidedly lukewarm standard applied to most tax collectors, the IRS isn’t looking too good. It isn’t on most people’s favorites, and these days is at a low ebb.<p>The …

Three Stocks For A Recovering Europe

It’s getting harder to find bargains in the stock market these days. American stocks aren’t <i>expensive</i>, per se, but they’re not exactly a bargain either.<p>The S&P 500 trades for 17 times earnings, which is slightly above the long-term average. If you’re aggressively buying U.S. stocks at these levels, …

Bitcoin: Tax Evasion Currency

In IRS Takes A Bite Out Of Bitcoin, I said that Bitcoin doesn’t obviate taxes. Dissenters argued that the anonymity of the upstart digital currency is all that matters. Perhaps they can evade taxes and the IRS won’t catch them.<p>But that doesn’t mean there’s no income. Start with how you classify …

10 Reasons Why Financial Plans Aren't Just For The 1%

Financial plans are only for people with so much money, they don’t know what to do with it, right?<p>Actually, studies show that a comprehensive financial plan can benefit people at all income levels — but not a lot of Americans know this.<p>Only 31% of financial decision makers in families say they have …

Abenomics as a Fulfillment of Milton Friedman's Policy Prescriptions

Today would be Milton Friedman's 101st birthday. What better way to celebrate his birthday than to recognize that Abenomics is largely a fulfillment …

Recovery Measures

Following the release of the comprehensive revision for GDP, here is an update to four key indicators used by the NBER for business cycle dating: …

Crawling Along

It wasn’t any fun updating my charts this morning with the new data released this week. None of the charts looked better and some looked worse.<p>The …

The Great Deceleration

Current edition Jul 27th 2013The Great Deceleration<p>More editionsSubscribe<p>The world this week<p>Politics this weekBusiness this weekKAL's …

Wounds and scars

<b>The barbarism that is female genital mutilation</b><p>MORE than 125m girls and women alive today have been subjected to female genital mutilation of some …

Female Genital Mutilation

Young, single and nearby

THE older generation never gets it. Anthony Weiner, a candidate for mayor of New York, admitted this week to having sent yet more lewd snaps of …

The Unsteady States of America

WHEN Greece ran into financial trouble three years ago, the problem soon spread. Many observers were mystified. How could such a little country set …

How did Karachi get a world-beating stock exchange?

AS RICH countries’ economies slump, brave investors looking for fast returns may be tempted to look further afield. Which of the world’s more exotic …

The Great Deceleration

WHEN a champion sprinter falls short of his best speeds, it takes a while to determine whether he is temporarily on poor form or has permanently lost …

Catching up is hard to do

THE current print edition contains a briefing on a "great deceleration" across emerging markets. The BRIC economies have been going through a …

Apps at the gate

TWO millennia after the Temple was cleansed of money-changers, the Archbishop of Canterbury, Justin Welby, plans to open his churches to …

Let them eat nothing

DURING his run for the presidency in 1976, Ronald Reagan liked to tell the story of a "welfare queen" from Chicago named Linda Taylor.<p>She has eighty …

Yesterday’s fuel

THE dawn of the oil age was fairly recent. Although the stuff was used to waterproof boats in the Middle East 6,000 years ago, extracting it in …

The machine of a new soul

ANALOGIES change. Once, it was fashionable to describe the brain as being like the hydraulic systems employed to create pleasing fountains for …

Zendock MacBook Pro docking solution, a funded Kickstarter project, coming for MacBook Air

Last month, we covered the Kickstarter posting for the Zendock MacBook Pro docking station. As we profiled in April, the docking solution takes over your MacBook Pro’s ports in order to free up clutter on your workspace:<p>The anodized alumnim box quickly plugs into several ports on the side of your …

Apple's Lightning Connector Detailed in Newly-Published Patent Applications

As noted by <i>AppleInsider</i>, the U.S. Patent and Trademark Office today published three Apple patent applications related to the company's Lightning connector introduced on its iOS devices late last year.<p><i>Perspective view of Lightning connector</i><p>The first application describes the hardware itself, while …

Paracable Offering Colorful Paracord-Wrapped Lightning-to-USB Cables

Paracable is a new company that is hand-wrapping Lightning-to-USB cables with paracord, a lightweight rope originally used in parachutes. The cables are not official 'Made for i' cables, but Paracable founder Travis Beck told <i>MacRumors</i> that they have sourced high-quality cables from China and have …