September, 2008

A Phone Call That You Need to Make

The average American has at least one credit card and carries a balance of more than $1,700. Faced with mounting minimum payments on their cards and shrinking monthly budgets, what is a consumer to do? Answer: Call your credit card company and negotiate a lower interest rate.

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Dress for Success?

My eighth-grade teacher was a tyrant. Seventh-graders shook in their proverbial boots knowing that they were about to face MISS ZIMMER…

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Why Two-Headed Businesses Grow Faster

The popular image of the successful entrepreneur is that of a hardworking risk taker who acts on his own. The reality is different. Successful entrepreneurs work hard, but they are not risk takers and they seldom act alone.

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Preferred Shares Aren’t Just for the Pros

One of the more unpopular asset classes right now is a stock/bond hybrid called preferred shares. While they’re called shares, they have more in common with bonds. Preferred shares have a par value, coupon, and maturity date, just like bonds. And the nice thing about them is that common shareholders don’t get a penny in dividends or distributions until preferred shareholders are paid off.

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Know Who Your Audience Is!

When I was younger, I loved watching Who’s the Boss. One episode still stands out for me. Though the details may have become muddled with time, here’s the gist of it: Housekeeper Tony takes a class on advertising from ad exec Angela. His assignment? To come up with a commercial selling laundry detergent.

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