Is Going to College and Getting a Degree Worth It?

college degree graduatesThe conventional wisdom is to go to college, though a college education is by no means a prerequisite to success. That said, it has been considered a great asset and may open doors otherwise closed to non-college graduates.

But as the world economy changes, traditional wisdom is being questioned. It’s up to you to determine individually what course is best. In other words, instead of blindly listening to conventional wisdom or its opponents, assess the pros and cons of a college education according to your own goals and finances.

Advantages of Going to College

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What Are High-Yield Junk Bonds – Definition, Pros & Cons of Investing

dollar bonds increaseIf you’ve heard the term “junk bonds” before, you might think that they are worthless. But the proper term for “junk” in this sense is “high-yield” and they are not necessarily a bad investment. Investing is all about risk and return. High-yield bonds simply offer a better coupon rate due to the fact that they carry more risk. Moreover, the risk-return trade-off for high-yield bonds may actually be better than that for stocks.

In other words, don’t let slang terms such as “junk bond” scare you away from these securities. Consider the following characteristics to make an informed decision on whether or not to invest.

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List of 16 Major Leading & Lagging Economic Indicators

man economic indicatorMost economists talk about where the economy is headed – it’s what they do. But in case you haven’t noticed, many of their predictions are wrong. For example, Ben Bernanke (head of the Federal Reserve) made a prediction in 2007 that the United States was not headed into a recession. He further claimed that the stock and housing markets would be as strong as ever. As we know now, he was wrong.

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Bait and Switch Advertising Scams – Definition, Examples & Laws

free cheese trapBait-and-switch is a term for a scam where a business advertises a great product or service for a low price. When prospective customers attempt to buy the product or service, however, they find out that the product is not available. The business uses this opportunity to try to sell customers a more expensive product instead.

Many different businesses have used these scams to entice customers to buy expensive products and services. As a consumer, you need to know how to identify a bait-and-switch scam and protect yourself from being taken advantage of.

How a Bait-and-Switch Works

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How to Reduce & Avoid Overwhelming Student Loan Debt

girl balancing booksThe cost of college increases every year. Even in a good economy, the cost of school places many students in debt. The requirements for student loans have become more stringent, and many students graduate from college with an average debt of $25,000, a significant increase in debt over past decades.

According to some reports, almost 90% of college students have to live with their parents after graduation. With hard work, perseverance, and ingenuity, you can diminish your student loan debt before you enter school, during school, and after you graduate.

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Is Buying Gold a Good Investment?

gold barsHistorically, gold has played a major role in the economies of many nations. Although it is no longer a primary form of currency, gold is still a solid, long-term investment and may be a valuable portfolio addition, particularly in a bear market.

Gold was considered a universal currency for hundreds of years. Due to its recognized value worldwide, a gold standard was used as far back as the Byzantine Empire over 1,500 years ago. Until recently, in fact, gold was used as the world reserve currency.

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Reasons Why Cash Is King for Businesses & Individuals

cash pile“Cash is king” is an age-old saying often used to explain the failure of both businesses and consumer households. Without the proper amount of cash on hand, both of these entities can run into major trouble, and even be forced into bankruptcy.

Businesses must have cash on hand for various reasons, such as investing in new infrastructure and dealing with unexpected expenses. Moreover, a business’s cash flow is often cited as a key factor in its potential for long-term success. A company may have all the revenue in the world, but without the ability to generate cash, it can easily fail.

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How Companies Use Shareholder Rights Plans (Poison Pills) to Fight Hostile Takeovers

shareholders pie chartCompanies will go to great lengths to maintain control of their firms and will discourage a hostile takeover at any cost. One effective strategy that companies employ is called the poison pill. This tactic involves diluting a takeover company’s ownership interest in the company they wish to acquire and making it prohibitively more expensive for them to continue to purchase shares.

Poison pills have been a popular, yet controversial move and their legality has even come into question. Their use can be beneficial or detrimental to shareholders depending on the situation. Sill, a poison pill almost always acts as a strong deterrent to anyone interested in a hostile takeover bid.

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Business Relationship Building Skills – Benefits & Tips for Success

businessman networkingIn business and in life, you have to work closely with others to build your way to success.

The old axiom, “It’s not what you know, it’s who you know” is only partly true. It’s misleading, because it focuses on simply making contacts.

Creating success in business is really about maintaining relationships, not just having a list of people in your phone list or contacts file.

Benefits of Business Relationships

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What Is Quantitative Easing Explained – Definition, Risks & Effects on the Economy

us dollar healthWhen an economy is in danger of slipping into a recession or depression, governments can employ a strategy known as quantitative easing (QE).

Quantitative easing is a monetary policy instituted by central banks in an effort to stimulate the local economy. By flooding the economy with a greater money supply, governments hope to maintain artificially low interest rates while providing consumers with extra money to spend more freely, which can sometimes lead to inflation.

What Is Quantitative Easing?

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