Obviously a pretty difficult investment environment at the moment. Markets tanking again overnight and following on in Australia this morning. Watching Billabong drop around 25% this morning demonstrates the benefits of diversification…I’d hate to be an adviser with an overweight Billabong position in my client’s portfolio. Anyway I digress. Volatility in the sharemarkets will continue for many …
Tag Archive: US Economy
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May 13
Californian Lifeguard Salary…unbelievable!
I found the following excerpt on Greg Mankiw’s blog (http://gregmankiw.blogspot.com/) and as he suggests I’m sure it “might help explain some of California’s fiscal problems”. As a colleague said to me this afternoon, “I don’t even think the Bondi lifesavers get paid anywhere near this; even with their TV show!”… According to a [Newport Beach] …
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