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Baby Boomers
The February 13 issue of Barron’s made a statement that caught my eye:  Americans are paying down their mortgages.  (See “Paying Down the Mortgage.”) 50% of all refinancings now result in smaller loans that the previous mortgage.  Rather than using their homes as a virtual ATM machine, extracting equity (if you have any) to meet...
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Charles Sizemore recently gave his thoughts on Whole Foods (NYSE: $WFM) t0 MarketWatch writer Matt  Andrejczak (see “Whole Foods Shareholders Big Payday“) Whole Foods, bolstered by stronger cash flows, is again paying a dividend, hiking it last month 40% to 56 cents a share on an annual basis. That’s less than a 1% yield but...
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“We all know the story,” starts David Willetts in his book The Pinch. “The parents return home from a night away to find a teenage party has got out of hand and the house has been trashed… It plays to a deep-seated fear that younger people will not appreciate and protect what has been achieved...
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“What is a generation?” asks Ira Wolfe in his new book Geeks, Geezers, and Googlization. “A generation is a group of people who are programmed by events they share in history while growing up… a common set of memories, expectations, and values based on headlines and heroes, music and mood, parenting style, and education systems.”...
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