Saturday, January 1, 2011

Money in the bank

Happy Holidays to all!

Getting an MBA at a top-rated school will cost you about $100k, but your pre-MBA compensation will, on average, increase about $35k/year once you get it.

A good article in Fortune Magazine 12/27 edition about the pitfalls of buying long-term bonds which are currently paying very low yields.

The price will drop 40% on a 30 year treasury note (now yielding 3.8%), if new yields down the road go to 7.22.

Since bottoming out in 2008, gross domestic product (GDP) has recovered 95% of the lost production but only 15% of the lost jobs.

More jobs won’t be created until consumers begin spending again, and we’re saving instead of spending.

Harvey Dorland

Pacific Recruiting

936-597-6500 - direct

hdorland@ez2.net

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