Sep 03
If you’re packing your car or juggling your weekend travel plans to avoid Hurricane Earl, it may be hard to see the bright side through the driving rain. That said, as hurricanes go, Earl isn’t expected to be nearly as bad as coastal disasters in recent history. Some experts suggest the damage caused by Hurricane Earl could result in as little as $100 million in losses – just 5% of the losses sustained after Hurricane Floyd in 1999.
Of course, hurricane damage estimates are notoriously fuzzy. (In 2
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Aug 31
The U.S. Open is in full swing, and ticket resellers are serving great deals—at least if you’re interested in catching players in early rounds before the competition really heats up.
Prices for the first rounds of the tournament, which began Monday and wraps up Sept. 12, are lower than last year’s. First-round tickets are currently going for $109, a 13% decrease, according to ticket-search site FanSnap.com. Even quarterfinals prices, at an average $247 per ticket, are 12% cheaper than in 2009.
Like other major sporting events, the U.S. Open is still recovering from consumers’ cutbacks during the recession. “Dema
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Aug 28
1. “You may have more investing experience than I do.”
The first step when selecting a money manager is reviewing his or her track record, which provides information about past performance and returns as well as investment style. A manager without a track record should raise a red flag, especially for an investor who’s looking to place money in experienced hands.
“If they don’t have a track record, there’s no real compelling reason to take a risk,” says Gary Schatsky, an attorney and fee-only financial advisor in New York.
Often, investors are concerned about ending up with a young money manager, but age shouldn’t be the focus of their search because it does not always speak to experience, he says. Instead, invest
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