Friday, September 24, 2010

personal finance manager


Washington (CNN) - Fresh on the heels of Joe Miller's surprising win over Sen. Lisa Murkowski in the Alaska Republican Senate primary, the Tea Party movement is setting its sights on Delaware.


Now the Delaware Republican Party is taking heed – and taking on – the Tea Party-backed candidate in the state's Republican Senate primary, sparking a war of words between the state's establishment GOP and the Tea Party movement.


It's a race that pits conservative Tea Party favorite Christine O'Donnell against moderate Rep. Mike Castle, Delaware's former two-term governor and lone Congressman since 1993.


Both candidates' campaigns have become increasingly caustic, especially as Tea Party-backed candidates across the country have picked up win after win against GOP establishment candidates.


The Tea Party Express endorsed the conservative O'Donnell in July, and recently committed to spending at least six-figures in the state.


"We are launching an aggressive multimedia and multi-platform campaign to help propel Christine O'Donnell to victory, and we've only just begun," Amy Kremer, Chairman of the Tea Party Express, said in a statement.


The group originally planned to spend about $250,000 on the race, but is now considering expanding their presence with TV and radio ad buys in Philadelphia, said Tea Party Express political director Joe Wierzbicki.


A similar last minute media blitz by the Tea Party Express is credited with propelling Miller – a formerly little known candidate – to victory over Murkowski, the Republican Party-backed incumbent.


The group launched a series of TV and radio ads Thursday that support O'Donnell, and rail against Castle as a liberal candidate who "just keeps supporting the failed policies of Nancy Pelosi and Harry Reid."


It's a move that has the Castle campaign fighting back.


"Out-of-state interest groups have threatened to spend half a million dollars to fund the disgusting tactics being used by the O'Donnell campaign to make accusations," said Castle campaign manager Mike Quaranta.


Meanwhile, the Castle campaign has launched therealchristine.com, a site devoted to aggregating negative news about O'Donnell.


Tom Ross, state committee chairman of the Delaware Republican Party, defended the negative nature of the site. "The stories might not be flattering, but they are factual. ...Sometimes it is necessary to make sure that the facts get out there," Ross said.


O'Donnell has faced criticism over her personal finance issues and leftover debt from previous, unsuccessful bids for a Delaware Senate seat. She has also been accused of misstating the results of her run against Joe Biden.


When asked to clarify her remarks in an interview Thursday with radio host Dan Gaffney of WGMD, O'Donnell seemed to grow increasingly frustrated, and ultimately blamed her statements on a grueling campaign schedule.


Ross, who is backing Castle, said that O'Donnell's history is troubling.


"This is a group and candidate that clearly seem to have a problem with facts. It is shocking that they would come in and support a candidate of Christine O'Donnell's ilk," he said.


"It is sad that the group didn't investigate the candidate that they're supporting… and surprising they would take their supporters' money that they donated and squander it in such a fashion," Ross said.


Ross also questioned whether O'Donnell is capable of pulling off an upset similar to Miller's win in Alaska.


"In Alaska, it was that Joe Miller is an Ivy League grad, a war hero, excellent standing in the community," Ross said. "Look at Christine O'Donnell. She has none of those attributes. She is career politician. She's run unsuccessfully for Senate three times."


Yet, Wierzbicki criticized Ross for dismissing O'Donnell, calling her a true conservative.


" is everything that is wrong with the establishment of the Republican Party. He should be fired for serving to undermine a Republican candidate who stands on conservative principles. It's his job to advance all Republicans in the state of Delaware. Instead he has become a tool for those who wish to thwart the Republican Party platform and turn the GOP into a Democrat-lite outfit. We find him reprehensible and shameless," Wierzbicki said.


Republican Gov. Chris Christie of neighboring New Jersey endorsed Castle Thursday.


The winner will face Democrat Chris Coons in the race for Vice President Joe Biden's former seat.



If you walked into the average bookstore, you'd think that women rule the roost when it comes to personal finance. From Suze Orman's now-classic Women and Money to the more recent (and more colorfully titled) Bitches on a Budget, there's no shortage of do-it-yourself financial advice tailored to women.



Apparently, though, when women make the momentous move from self-help to seeking professional advice about investing and retirement, things go rapidly downhill. A recent study by the Boston Consulting Group revealed that women perceived themselves as receiving wealth management services at a level of quality that is inferior to that received by their male counterparts.



According to the study, women are the key decision-makers when it comes to 27% of the wealth worldwide: that's $20 trillion! But despite the massive chunk of power they wield, 55% of the women surveyed in the study said they felt their wealth manager could do a better job of advising them. Almost a quarter of the respondents said private banks needed "significant improvement" in the services they offer to women.



"The dissatisfaction stems from the unshakable perception that men get more attention, better advice, and sometimes even better terms and deals," according to study co-author Peter Damisch. "We heard this sense of subordination time and time again in our interviews."



This perceived disparity in service arose from several key disconnects in the relationships and communications between women and their financial advisers. Manisha Thakor, Chartered Financial Analyst and women's financial literacy advocate, offers some steps savvy female investors can take to avoid being under-served by their wealth managers and investment advisers:



1. Find your adviser and get your financial education from women-run resources.




The financial services industry is dominated by males and therefore the "DNA is structured around the male experience," Thakor explains, adding that she sees many firms making an effort to change this. Most financial advisers are men, who may not inherently understand the whole-life nature of the average woman's financial plans and needs. They also may have very different communication styles than their women clients.



Thakor recommends women use women-created resources like LearnVest and DailyWorth to educate themselves in order to avoid the intimidation factor when talking about investment products with their advisers. She also encourages women to consult Garrett Planning Network, founded by Certified Financial Planner Sheryl Garrett, to locate a local certified financial planner who works on an hourly-fee-only basis. Taking these steps, Thakor explains, may alleviate the concern expressed by many women in the BCG study that they were not being taken seriously or talked to on the same level as male clients by their financial advisers.



2. Expressly state your ideal career trajectory, then ask how you should alter your investment plans accordingly.



In the BCG study, women stated that their investment advisers fundamentally misunderstood what was actually important to them, and recommended a too-narrow range of inappropriate investment vehicles as a result. Many said their advisers assumed they had a lower risk tolerance than they actually did, or that their advisers focused on short-term results and disregarded their long-term goals, which often included time out to care for a child or parent.



Thakor offers women a script of sorts to remedy this communication disconnect. "Go in and say: "I want to be a mom and I may take X amount of time out of the work force," she advises. Then ask, "How do we adjust how much I need to save and how I should invest to compensate for this?"



3. Start saving early.



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Like her previous stints in the slammer, she'll be kept away from other inmates in a 12x9 cell.

Tax The Rich! (9pm Saturday on Fox <b>News</b> Channel) « John Stossel

In my weekend special, The Battle for the Future -- it airs Saturday at 9pm and Sunday at 8 PM and.


Can &#39;Fox <b>News</b> North&#39; win its next battle? - Canada - Macleans.ca

Sun TV's Canadian-content promise might be its best selling feature.

<b>News</b> - Lindsay Lohan &quot;Demure and Quiet&quot; as She Arrived at Jail <b>...</b>

Like her previous stints in the slammer, she'll be kept away from other inmates in a 12x9 cell.

Tax The Rich! (9pm Saturday on Fox <b>News</b> Channel) « John Stossel

In my weekend special, The Battle for the Future -- it airs Saturday at 9pm and Sunday at 8 PM and.


big white booty

Can &#39;Fox <b>News</b> North&#39; win its next battle? - Canada - Macleans.ca

Sun TV's Canadian-content promise might be its best selling feature.

<b>News</b> - Lindsay Lohan &quot;Demure and Quiet&quot; as She Arrived at Jail <b>...</b>

Like her previous stints in the slammer, she'll be kept away from other inmates in a 12x9 cell.

Tax The Rich! (9pm Saturday on Fox <b>News</b> Channel) « John Stossel

In my weekend special, The Battle for the Future -- it airs Saturday at 9pm and Sunday at 8 PM and.



Noel Coward by Greenman 2008







Noel Coward by Greenman 2008






























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