Rothifying old money is a bad idea at the same time that selecting Roth for new contributions is a good idea.
FORBES: Paying for College: Five Rules to Protect Your Retirement
Having people motivated by extrinsic goals (money) is a very bad way to run knowledge-based organizations.
So clothing is a bad money, since no one places the same value on second-hand clothes as new ones.
Since taxpayers remain on the hook for pension benefits promised, even if all the pension money is lost as a result of bad investment decisions, they alone will pay the price when dice-rolling decisions of public fund boards turn ugly.
FORBES: City Garbage Collectors Become Sophisticated Hedge Fund Investors
In general, that kind of leverage is not necessarily a bad thing, if the borrowed money is plowed into assets generating good returns.
But there is also a bad reason why mobile money has failed to spread.
For my money, it is the real reason why Americans feel bad, even in a good economy.
From a risk management standpoint, giving up over a 10% gain is a bad habit to develop if you want to make money over the long haul.
If the NBA is in such bad shape it would be ludicrous to support a money-losing venture.
But it is a risky strategy, because they can also lose a lot of money in bad times.
Now, right now we are in such a bad crisis that even Toyota is losing a whole lot of money.
This is especially bad news for banks because a major source of profits for money-center banks is the ability to borrow money at short-term rates and lend at long-term rates.
Like a bad bank, the aim is to isolate toxic assets, encourage private money to come in and discourage banks from hoarding their capital.
The bad news is that money has to be spent to stimulate the economy and feed a vigorous expansion and it must be created to be spent.
That is providing a nasty reality-check to those money managers who had hoped it would all be just a bad dream.
The ugly fact is that countries that are deep in debt print money to ease this burden which in turn makes their money a bad store of wealth.
应用推荐