September 2009

How to increase the value of your business

Posted by on September 30, 2009 in entrepreneur

I would like to congratulate Quick Lunar Cop, Mitch and Brian for winning the 500th post prizes. Since there were several Brian’s that entered, I have emailed all the winners. Congrats! Enjoy the prize. Although this post falls primarily in the entrepreneurship category, if you are investor of public or private businesses, the following are [...]

Effective negotiation strategies: when do you hire help?

Posted by on September 29, 2009 in Negotiations

Just a reminder that today is the last day to enter the contest to win free stuff. All you have to do is post a comment on this post.  Your odds of winning are pretty good. Entries end at 9:00 EST (to be fair to PST readers) I have often described a lawyer’s job function [...]

How do you measure return on investment?

Posted by on September 28, 2009 in Investment Information

This sounds like an easy question. But, recently, many advertisements, especially for real estate investments, have begun to tout high rates of return based on compound annual growth rates (CAGR).  What exactly is CAGR and is listing CAGR a deceptive manner of measuring return on investment? The traditional metric for measuring return is based on [...]

Will more mutual fund regulation doom the ETF market?

Posted by on September 24, 2009 in Investment Products

Under the law of unintended consequences, there are two developments that may actually doom the exchange traded fund market to mutual fund-itis. As reported by Preet previously, regulators in various jurisdictions are proposing to eliminate mutual fund companies from paying commission to investment advisors to secure sales or to accept trailers. More locally, as of [...]

Do you own too much house?

Posted by on September 23, 2009 in Real Estate

If you are a regular reader of the money gardener, you will notice that his monthly net worth updates include the ratio of house value/total assets. In essence, he is attempting to assess whether he’s overly exposed to real estate. After all, one of the lessons from the credit crisis is that too many people [...]

500 posts! Free stuff!

Posted by on September 22, 2009 in Uncategorized

TMW has reached 500 posts! A special thanks for all of you who read daily, the other bloggers who link to my posts, advertisers and people who have given my tips and suggestions. As a token of thanks, I am giving away one copy of Kerry Taylor’s (aka Squawkfox to the blogging world) 397 ways [...]

Tips in picking the right executor and guardian

Posted by on September 21, 2009 in estate planning

Fundamentally, all wills should start with the question of who takes care of your estate and minor children before moving on to what the estate is giving to whom. Who acts as  executor(s) (referred to as estate trustee or liquidator in some jurisdictions) and guardian(s) for children (both custody and property) can be critical decisions [...]

What have you learned this past year?

Posted by on September 18, 2009 in Misc.

I am breaking my union rules by posting on a Friday. But with the one year anniversary of the Lehman Brothers collapse this week, I thought it would be an opportune time to reflect back. Jonathon Chevreau had an interesting post last week about seven lesons from the meltdown which should be required reading. One [...]

The disconnect between the stock market and the economy

Posted by on September 17, 2009 in Investment Information

Stock markets tend to be used by some as proxies for the state of the general economy given it is a readily and easily available source of information to rely upon where the “score” is kept daily. But is this really a good barometer of our economic health?  The answer is most likely not. As [...]

Effective negotiating strategies: using deal fatigue against you

Posted by on September 16, 2009 in Negotiations

Ever shop for a car and the salesperson puts you in some tiny office with uncomfortable chairs and then asks you to wait while they take the deal to the manager and you wait and wait and wait? It is not that salesperson moves slow or the sales manager can’t make a decision or time [...]