How Much Do We Really Know About the Businesses We “Know?”

Was watching a special on CNBC on Marriott and was shocked to learn that Marriott doesn’t actually own many hotels.  Rather Real Estate Investment Trusts and other companies own the hotels and pay Marriott to manage them! That reminded me of two shocking about two product ownership flow charts I have seen: Who actually owns

May 2013 Net Worth Update

Had a pretty good month money wise, but it was mostly because I got a larger than average tax refund.  On the one hand I am bothered that I am giving the government a tax free loan, but on the other, it feels freaking fantastic to get an unexpected lump sum deposited into my checking

An Unusual Way to Create an Amazing Legacy

I came across this amazing and unusual estate plan where the a family created a credit union for heirs only.  Forget having to worry about gifting or tax ramifications of intra-family loans this a legitimate credit union where, according to the CBS’ article, For a $5 deposit, plus a 25-cent handling fee, you become a member

Is Anyone Stupid Enough to Care if a CEO’s Salary is $1?

I am not sure if it is an actual trend or I am just noticing it more, but it certainly seems that more and more companies have CEOs whose salary is equal to $1/yr.  Whenever I see stories like this I always shake my head in utter disbelief that anyone actually cares.  It seems like

Thinking about all the Jobs I have had throughout my Life

I was listening to comedian Jim Norton on Opie and Anthony talk about his days working at Pergament which was a home improvement store in the New York / New Jersey area, and it got me to thinking what jobs I have I had in the past? I tried to put this in chronological order,

Reuters Provides Some Options to Create Your Own Pension

I am always interested in creating future streams of income akin to a personal pension.  I am obsessed with the idea since it is likely I’ll never be involved in a defined benefit or pension plan provided by my employer and I think it has to be terrifying to one day stop your income but