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Social Culture Emily Approved
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Written by David Neubert
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The media is having a field day with the market decline. People who wouldn't normally be interested are watching CNBC or Bloomberg TV and reading the business section. If you are making predictions of Dow 2000 or Dow 1000 you will get on TV or quoted in the newspaper. Now there is also a big incentive to call the bottom of the market. The person who randomly picks the bottom will become famous but many who follow the predictions of bottom pickers will get nothing but losses. There is an old Wall Street saying that goes: "Don't pick your nose and don't pick bottoms."
What is the right thing to do?
If you have a 401k:
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Social Culture Emily Approved
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Written by David Neubert
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Photo: tao_zhyn, Creative Commons, Flickr
All the money used by central banks around the world to rescue the financial system is causing an increase in government liabilities.
In other words, they are printing money. |
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Social Culture Emily Approved
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Written by Emily Davidow
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What a treat to hear Kenro Izu talk with Owen Flanagan at the Rubin Museum of Art in conjunction with the opening of his exhibition of photographs, "Bhutan: The Sacred Within." Kenro Izu's been exploring and photographing sacred sites both natural and manmade for decades. To look at his landscapes of sacred places around the world is to enter them; you can almost smell and taste the air inside the image. In "The Sacred Within," he turns his lens to the essential element that makes a place sacred: the people that revere it and hold it in their hearts.
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Social Culture Emily Approved
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Written by Emily Davidow
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Chris Jordan's concerned that we can't feel statistics. Our brains aren't hardwired to deal with high numbers. If we're going to make radical changes, we have to fall in love or feel angry enough to do something. His art translates raw data and numbers to the visual language of feeling to help people shift from self-centered consumers to compassionate, connected members of society.
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Social Culture Emily Approved
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Written by Emily Davidow
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Four Sobering Facts About Women and Money:
- 70% of Americans are living paycheck to paycheck — including those earning six-figure incomes.
- 90% of women will find themselves the sole keeper of their personal finances at some point in their lives.
- Thirty million of America's 40 million-plus boomer women will not be able to afford to retire, will fall below the poverty line, and will experience poorer health in their later years with limited aid from traditional safety nets.
- The average age of widowhood in America is 55. Four out of five widows living below the poverty line had not been poor before their husbands died.
Photo: 39114738@N00, Creative Commons, Flickr |
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Social Culture