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6 Tips for Financial Security After You Retire

Strategy Driven

Consult Professionals Navigating the complexities of retirement finances is challenging to do alone. A reputable advisor will assess your current finances, future goals, risk tolerance, and potential medical needs to create a customized retirement roadmap. Do research to find the best senior discounts in your local area.

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StrategyDriven Editorial Perspective – Good Intentions, Bad Results: Learning from the Panic of 1826

Strategy Driven

A typical post note transaction went as follows: a borrower approached an insurance company and requested a six-month IOU of $1000, minus a discount of say 3%. The borrower would then sell the discounted $970 post note on the money market, also paying a discount to the post note purchaser of say $30, receiving $940 in cash.

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How the Insurance Industry Can Push Us to Prepare for Climate Change

Harvard Business Review

If insurers offer a discount for climate-proofing homes, homeowners will likewise have an incentive to make that investment. Insurers can further individualize pricing by offering discounts to customers who invest in self-protection and hence lower their risk rates. During a time when the U.S.

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A Refresher on Cost of Capital

Harvard Business Review

There are two groups of people who may put up the capital needed to run a business: investors who purchase stock and debt holders who buy bonds or issues loans to the company. You may be wondering if this is the same as discount rate and the terms are sometimes used interchangeably, explains Knight. . or 11% as the discount rate.

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Fixing the Euro Zone and Reducing Inequality, Without Fleecing the Rich

Harvard Business Review

Interest rates of zero meant that central banks took to targeting asset prices – stocks and bonds – to boost spending. So one solution suggested by a growing number of economists in Europe is for central banks to “helicopter drop” money , and directly finance private sector spending.

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What’s That You’re Calling a Bubble?

Harvard Business Review

Fama is convinced that financial bubbles don’t exist, and until the dot-com era he was able to keep most of his colleagues in academic finance from even using the word “bubble.” There has been only one widely accepted and durable “model of asset price determination” for stock, bonds, and the like.

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How Chinese Subsidies Changed the World

Harvard Business Review

Last week, LDK Solar , a struggling Chinese manufacturer of solar wafers and panels, announced that it had missed $24 million in bond payments. This news followed the bankruptcy in March of Wuxi Suntech , the main operating subsidiary of the world''s largest maker of solar panels, after it defaulted on a $541 million bond payment.

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