The Fairer Sex is at a Disadvantage When It Comes to Superannuation
Unequal Opportunity Lesley Parker – The Age “According to the Commonwealth Bank’s most recent Viewpoint ”economic vitality” report, women tend to have just 20 peak earning years in which to save for their retirement, compared with 40 years for men. That’s compounded by the fact that they earn 25 per cent less than men, the [...]
What if the sell-off is just a Flash? Article by Roger Montgomery
Did you overhear a prominent investment commentator (not aValue.able Graduate, of course) recently express how upset/annoyed they were that the market for big companies’ shares was deteriorating? In the short run prices move independently of the underlying business, so let’s encourage the market to decline further! For those truly concerned about Australia’s prosperity, relax. Be [...]
Microsoft bid for Skype
Less than an hour ago, Microsoft Corp. agreed to buy the Internet telephone company Skype SA for $8.5 billion. The company was started by Niklas Zennstrom (who remained CEO until September 2007) and Janus Friis (one of Time Magazine’s 100 Most Influential People 2006) in 2002 and they sold it to eBay in 2005 for $3.1 billion. [...]