Posts filed under “Finance”

How to Make Your Personal Philanthropy Smarter

The year-end holidays are when the interests of donors and charities are most in synch. However, after several disturbing news reports, I decided it was time to revisit how to give away money. With a bit of digging and diligence, you can make your generosity more effective and efficient.

First, the bad news: A few months ago, we discussed why the Red Cross had moved to naughty from nice on my list of charities. Due to its performance after Hurricane Sandy — a result of incompetence and an utter lack of transparency (Pro Publica has all the details) — I consider it off-limits.

Then there was the pre-Thanksgiving story of Savers Thrift Stores, which was accused by the Minnesota attorney general of “pocketing more than $1 million that should have gone to charities,” the New York Times reported.

It’s almost enough to turn a generous person into a Scrooge. But don’t let a few mismanaged (or worse) charities dissuade you from giving. In addition to the help you provide, studies show it’s one the best things you can do for your personal satisfaction. Money can buy you happiness — all you need to figure out is how to give it away intelligently.

But nothing these days is easy. What should be a simple process — helping a worthy cause or people in need — has become confusing and challenging, rife with incompetence and fraud. (Why does that sort of behavior sound so familiar?)

We are here to help.

Continues here


Category: Finance, Really, really bad calls

Pimco’s $1.5 Billion 2013 Bonus Pool

How much compensation the folks at Pacific Investment Management Co., better known as Pimco, haul in each year has always been a topic of fascination on Wall Street. In 2012, news reports suggested that the firm’s top 30 partners “pulled down an average $33 million a year in compensation in recent years.” A subsequent column…Read More

Category: Finance, Really, really bad calls, Wages & Income

TDS: Money is the Big Winner of 2014 Midterms

Jon Stewart election 110414 by lookatmyshirt

Category: Finance, Legal, Really, really bad calls, Video

Why There Are Two Standards for Financial Advice

> My Sunday Washington Post Business Section column is out. This morning, we look at the various legal standards of care financial advisors must adhere to. The print version had the full headline Why Two Standards for Financial Advice? while the online version was Find a financial adviser who will put your interests first. As I…Read More

Category: Finance, Investing, Legal

Buybacks: Money well spent?

Great charts from the FT’s weekend article, titled Buybacks: Money well spent?:



Source: FT
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Category: Corporate Management, Finance, Markets

Biggest Tech IPOs

Source: Forbes

Category: Digital Media, Finance, IPOs, Technology

What College has the most Billionaire Alumni?

Funny, this came up at dinner just last night:

Source: Wealth-X and UBS Billionaire Census 2014

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Category: Finance, Research, Wages & Income

Bloomberg Brief: 2 Months Free for TBP Readers

I have been getting the Bloomberg Brief for a long time — its a very good daily subscription showing an overview of a variety of market and economic factors. Readers of the Big Picture can get a 2 month free trail subscription on the graphic below and filling out the usual forms. (No, I don’t…Read More

Category: Digital Media, Finance

Fiduciary Duty of Brokers

Source: WSJ

Category: Finance, Legal, Regulation

China’s Bloated Financial System: A Quick Guide

Source: Bloomberg Briefs

Category: Finance