You’re Young and Just One Unexpected Expense from Disaster

Build up a cash reserve emergency fund as soon as possible because you could need it tomorrow. That’s the message of a new study that said that many twenty somethings are just one charge away from disaster. The Bankrate.com study found that an unexpected expense of just $500 can upend the life of a millennial,…

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Rampant Youth Unemployment in the United States and Europe: How we got here and how to get out of the mess. Misleading a generation of young people. A way out of this mess? Part 3

There’s a terrible irony of youth unemployment in the United States and in Europe: Millions of young college graduates can’t find a job. Millions of technical jobs go unfilled. That’s because companies can’t find the right people for many jobs. (Please see note after Q & A). It’s a big problem. Many companies are coming…

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Rampant Youth Unemployment in the United States and Europe: How we got here and how to get out of the mess. Misleading a generation of young people. Part 2

The problem of youth unemployment, those in their 20s without jobs yet many of whom spent years and a small fortune at a traditional university, is worse than the official government statistics lead us to believe. That’s because many job-seeking young college graduates become discouraged. Then they no longer register with employment agencies. They are…

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Rampant Youth Unemployment in the United States and Europe: How we got here and how to get out of the mess. Misleading a generation of young people. Part 1

You meant well when you preached the value of higher education to your children. You constantly pushed and prodded your son or daughter: Go to a university. Get a degree. Stay with it. Make good grades. And, if necessary, borrow lots of money to pay for four years of higher education—-or possibly five or six…

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Costs Matter Everywhere: Whether running a show on Broadway or trying to reach a retirement goal, costs are key.

The principles of value investing are as important on the Great White Way as they are on Main Street, where the average person tries to achieve a long-term financial goal. Indeed, that is what I learned after I recently completed a story for the New York Post on why so many Broadway shows don’t make…

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What Next? And Next? (i): A shorthand history of Modern America at war. After Vietnam, the Imperial Presidency continues to expand. Part VII, the end of the series.

President Johnson and other presidents, who had taken the country into seemingly endless wars, had often lied to the American people. It was the people who paid for these wars in countless ways. The Bundy brothers, William and McGeorge, two Johnson advisers and the architects of the Vietnam War, were supporters of an America acting…

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