Starbucks is making waves as it opened its first Teavana Fine Teas + Tea Bar on Madison Ave in New York City last week. Should investors take notice? A most resounding yes! Starbucks has transformed the way Americans drink coffee and you have to listen closely when CEO Howard Shultz states, “We'll do for tea what we've done for coffee.”
Join Runnymede’s Campaign to Give Clean Water
Over the summer, Chris and I saw Scott Harrison, the founder of charity: water, and were shocked to learn that every day, 5,000 children die from water-related illnesses before they reach their fifth birthday. In fact, diseases from unsafe water and lack of basic sanitation kill more people every year than all forms of violence, including war.1
Sanitation is more important than independence. -Mahatma Gandhi
As a unique way to celebrate our company's 20th year in business, we've decided to start a Runnymede fundraising campaign to bring people clean drinking water.
Saving For College 529 Plans with Upromise
As a new father, I marvel at all the new things my one year old daughter Chloe does. But like all new parents, I joke and mostly fear that the cost of education will be in the millions by the time she graduates high school. While I pray that education inflation slows from its ridiculous pace of 7%+ per annum, I know that I need to prepare for the worst which means saving as much money as possible sooner rather than later.
Andrew Wang quoted in InvestmentNews
Fidelity late but not too late with new ETFs
Pricing strategy called ‘punch in the face' to Vanguard
By Megan Durisin
Oct 23, 2013 @ 12:39 pm (Updated 5:21 pm) EST
Oil Services Kerchunker Core Laboratories Reports Record Results.
On Wednesday, Core Laboratories reported record 3rd quarter results as new technology helped set all-time quarterly highs for EPS, net income and revenue. Its business continues to kerchunk, kerchunk, kerchunk. What makes Core Lab a great service company? It targets the more stable, less volatile production and production enhancement component of the oil companies’ budget. This makes results less cyclical and much more predicable than most energy investments. The proof is in the pudding. Over the last 10 years, sales growth has averaged 10% per annum while earnings have grown by over 35% per annum.
How much are your mutual fund fees? Much more than you realize!
In a recent AARP survey, a shocking 71% responded that they didn’t pay any fees for their 401(k) mutual fund investments. I didn’t realize that Wall Street had suddenly earned a reputation for working pro bono. Well this simply isn’t the case, and investors need to better educate themselves on the cost of owning mutual funds which can be very reasonable (index funds) to exorbitant (load funds.)