It is that time of year again – college and high-school kids are looking for practical, hands on work experience. Lured by the possibility of future “real” employment or at least a way to beef up the resume, these students are willing to work for free. According to a 2012 Time Magazine article, there are about 1.5 million internships in the U.S. each year, and it is estimated that up to one-third of them are unpaid.
The prolonged housing slump has convinced many Americans that real estate is a losing investment. But many segments of commercial real estate continue to thrive, and are easily accessible through real estate investment trusts (REITs).
As global financial markets exhibit considerable volatility, many investors are searching for assets that typically do not move in tandem with either equities or fixed income.1 Historically, precious metals have been influenced by a different set of value drivers, creating the potential for effective diversification.2 There are opportunities for suitable investors in gold, silver, platinum and palladium that may complement investments in equities, fixed income or other assets.
Oftentimes, when someone uses the word “intranet,” people think it might be a typo for “internet.” Although they’ve been around for years, intranet networks still haven’t gotten as much notice as they should. The term “intranet,” is used in contrast to the word “internet,” which means a network of connected organizations. An intranet, though, is a network used to communicate between members of a single organization.
As parents, we are usually the primary source of a financial education for our children. If we want our children to be happy, we need to teach them how to manage the money they will earn, both as young people doing chores, and later, as adults with careers and incomes. It is much harder for our children to create lives that help them achieve their goals and find their individual paths to success without a solid approach to managing finances.
While the real estate market in Colorado purportedly is showing signs of life, there still are thousands of homes in foreclosures and/or on the market for short sales. Although a short sale is surrounded by complexities and mystifies homeowners who are not familiar with the process, there is no question that short sales, although not for everyone, have some substantial advantages over allowing a home to go though the foreclosure process.
A Traditional IRA here, a rollover IRA there, four job changes (so far!) and three retirement plan account balances left in the plans of former employers…
In my profession as a mental health therapist, I come into contact with many people who have adopted a "glass half empty" mindset. When many of my clients begin seeing me, they truly believe that nothing is possible and are plagued by an overpowering sense of hopelessness. The rewarding part of my job is in helping them change their perspective. I love watching them transform as they gradually begin fostering a "can-do" mentality. This change in perspective not only brings a renewed sense of hope to their lives, but also a newfound joy in living.
It's no secret that most nonprofits don't usually have giant budgets for advertising, at least not compared to their for-profit competitors. That difference can often make it difficult for organizations to compete with other companies that might provide similar services or products. At Goodwill Denver, we're very lucky that we've been able to invest in some paid advertising, but when we need to help close the gap between our competitors and make sure that the community knows about both our retail stores and our nonprofit mission, we often turn to media coverage.
A dividend investing strategy is a smart way to generate income and total return, as history has shown. Dividend-paying stocks have outperformed non-dividend payers over time; since 1990, consistent dividend payers, as represented by the S&P 500 Dividend Aristocrats, earned an annualized 11.04% total return, while the broader S&P 500 index earned only 8.23%.1 In low-rate, low-growth environments, this outperformance is often even more pronounced. For the year ended December 31, 2011, dividend payers of the S&P 500 had an average total return of 1.4% vs. -7.6% for non-dividend payers.2
One of our favorite instructions to business owners is: Make Yourself Irrelevant!
I am no marketing expert, but I do know from experience that incorporating testimonials into your marketing can have a powerful impact on the flow and rate of your business. In the mental health or medical industry, as well as many other industries, two things are certain:
According to the legend, David McCanles called Wild Bill Hickok out to duel. Hickok walked out into the street and fired one shot – at a distance of 75 yards – killing McCanles instantly. Shoot now, aim later worked well for Wild Bill in his situation. It doesn’t work so well for leaders who need to define and execute significant changes for business growth and success.
I’m a bit new to networking, having done it for just five years. However, in this time I have attended a wide variety of networking events: after hours, before hours, luncheons, etc. I am always astonished about the networking process. I have met thousands of people, but what amazes me is that out of all the people that I have come in contact with, I have only had two people follow up with me. When I ask others about their networking experience, it is clear that this is not an isolated event. Non-follow-up is a very common theme.
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Articles designated with this are written by staff reporters with Colorado Community Media. Disclaimer: the opinions presented in all other columns are the authors’ own and should not be considered the official opinion of CCM.