Posted on May - 15 - 2012
Death of a Money Manager
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NEW! Watch the FINS TV Commercials: Career Tip #9: “asking for a raise”
For those viewers looking for more tips on how to protect their contactless payment credit cards, check out some of the additional tips and a more detailed explanation on the tips mentioned on today’s show
It is possible to buy RFID readers online. If this gadget and the required software was to get into the wrong persons hands its entirely possible for this scam to occur here in Australia.
– It’s a world-record jackpot of more than a half billion dollars that has Americans lining up Friday for a chance to win. But the odds of winning the Mega Millions lottery are so slim - 1 in 176 million - that amateur statisticians have already calculated odds that suggest ticketholders are far more likely to be struck by lightning - or murdered - than they are to win the estimated $540 million grand prize.
The only sure winners are the 42 states and the District of Columbia, which sponsor the lottery. Indeed, the huge jackpot is drawing so many extra ticket purchases that the jackpot quite possible could grow beyond $540 million. That will mean even more money for the states.
Six ways the rich really do get richer
“The states come out ahead because of the extra buying,” says Philip Cook, professor of public policy at Duke University in Durham, N.C., and co-author of “Selling Hope: State Lotteries in America.”
Much of that extra buying is expected to happen today as the evening’s drawing nears. In Mas
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If you’re a college grad looking to get into investment banking, look no further than Nomura.
The Japanese bank has been using its two-year-old university recruiting program to find top talent. In order to gain an edge in recruiting the pick of the litter over its competitors, Nomura’s program promises to triple the normal starting salary for its new hires, guaranteeing them $79,000, or 6.5 million yen, annually before bonuses, compared with its normal rate of 2.4 million yen. It’s modeled after a recruiting program used at Lehman Brothers before the firm’s bankruptcy in 2008.
So far, Nomura has brought on 50 graduates through the program.
It’s no secret that Australians love a punt. Melbourne Cup Day isn’t called ‘the race that stops a nation’ for nothing. Whether we’re at the track or going in with friends for the weekly lottery ticket, gambling occupies a fair slice of our lives. And if you like to bet using credit, the card you use will determine how much your gambling purchase is going to cost you, or whether you are able to make a bet at all.
The Commonwealth Bank, National Australia Bank, Westpac, HSBC and St.George all charge gambling purchases at the cash advance rate of interest.
ANZ are the only one of the Big Four banks to buck the trend and charge gambling purchases at a purchase rate of interest. When aske
FYI, “bogard” is my kids new favorite slang term. It means “bogus” (at least to us — the urban dictionary has many different potential uses for the term and ours is #5. Some of the others are quite colorful.) We use it quite often to describe some thing or some one who has crossed the line in one way or another.
A couple weeks ago on a Saturday we decided to stop by Macys (despite the fact that I hate Macys) because we had been given a gift card for Christmas. My wife wanted to get a new toaster oven and they had one. The oven she wanted was originally priced at $44.99 (which is a rip-off price IMO) but it had been marked down to $19.99 (which made it a good deal.) We were dropping the kids off at our church any way, and since it was near the mall, we decided to stop by Macys to pick up the item.
Now we had tried to do the same thing a couple times previously, but they were always out of stock when we got there.