BY GEORGE: Fatherly financial advice Jun 21, 2009
For instance, "Don't put all of your eggs in one basket. Diversify. Asset allocation determines the rate of return. Stocks beat bonds over time.". And, "Spend interest, never principal. If at all possible, take out less than comes in. Then, a portfolio grows in value and lasts forever. The other way around, it can be diminished quite rapidly.". (North County Times)
CEO selected for SB County retirement fund Jun 21, 2009
The duty of the administrator is to invest the retirement fund assets in a way that will minimize risk of loss and minimizing the employer s contributions by maximizing the rate of return, according to the SBCERS Web site. According to county staff, the two boards needed to make some serious changes to the pension fund yesterday. (Santa Maria Times)
FDIC settles with AL Amerilife Jun 20, 2009
The total amount created the rate of return advertised by Amerilife, but the advertisements misrepresented the actual terms and conditions under which the bank offered the insured CDs, the FDIC said. Reader Comments. (Tampa Bay Business Journal, FL)
Diversification Still Matters -- Investment Advice From Papamarkou Asset Management Jun 19, 2009
" Given the recent context of volatile markets coupled with fraudulent activity, this research process is more important now than ever and investors can greatly benefit from the guidance of experienced investment professionals who maintain a comprehensive understanding of risk management, asset allocation and portfolio construction. Asset management professionals can also help investors analyze the many determinant factors that comprise an individual's investment profile which include: risk... (Yahoo News -- Press Releases)
Public money 'wasted on railways' Jun 19, 2009
The DfT's public service agreement requires it to prioritise spending in order to get the highest rate of return for every 1 of public money spent. The RAC Foundation said it wanted to know "why this clear procedure is being ignored by ministers". (BBC News -- UK)
Welcome to the G-8world of illusion Jun 19, 2009
Stock prices have been rising rapidly at a time when economic growth was largely negative and the rate of return on capital was negative. The huge liquidity introduced by central banks was destined to find its way to the stock markets and create a speculative bubble in stock prices, even though dividends were negligible or non-existent. (Asia Times Online)
City's water rates rising, service fees decreasing Jun 18, 2009
The rate of return on water utilities should be about 7 percent; right now, Chetek's rate of return is less than 1 percent. A public hearing will take place before the new rates go into effect. (Chetek Alert, WI)
Shanghai Electric to exit solar energy business Jun 17, 2009
The rate of return on sales of such equipment in the second half of 2008 fell to 17 percent from more than 20 percent a year back, although the company continued to hold a 30 percent market share. To raise capital for new ventures, Shanghai Electric in April raised 5 billion yuan by issuing about 700 million new shares at 7. (Xinhuanet, China)
SEC: Madoff Banned From Working Again Jun 17, 2009
after all, he's been unemployed for several months now, and he only managed to steal $60,000,000,000 (your numbers); at a paltry 2% annual rate of return, he and his wife and whoever are only getting an annual return of $1,200,000,000, or $3,287,671 per day, 365 days a year. Yeah, yeah, I'd be really looking for a job at that rate of pay. (CBS News)
Avista Reaches Settlement in Idaho Electric and Natural Gas Rate Requests Jun 17, 2009
"Natural gas prices have decreased substantially since we filed for rate adjustments this past January. Just as customers have seen a decrease in the cost of natural gas that they use in their homes, we've experienced a decrease in the cost of natural gas used to generate electricity. We're pleased that the settlement reflects these decreased costs for the benefit of our customers. "We also believe the components of the settlement, when taken as a whole, represent a fair resolution of the issues... (PR Newswire)
Money to shut nuclear plants falls short Jun 17, 2009
Industry officials say a 6 percent annual rate of return is a reasonable long-term goal. Most nuclear plants will be operating for several more decades and will be able to recoup their fund losses, said Steve Kerekes, a spokesman for the Nuclear Energy Institute, a trade group. (MSNBC -- Environment)
Elderly Investors Sue Madoff Trustee Jun 16, 2009
We've updated CBSNews. NEW YORK, June 9, 2009. (CBS News -- Evening News)
Buttonwood: Caught short Jun 16, 2009
In practice, that means phasing performance fees over longer periods and demanding that such fees are only generated when the manager exceeds a hurdle rate of return (not zero, as was often the case). In addition, many investors are now demanding that hedge funds run assets in managed accounts , where their money is held separately and the holdings are transparent. (The Economist)
Vista Gold Corp. Announces Results of a Preliminary Economic Assessment and Increases Estimated Measured and Indicated Resources by 12.8% at Its Mt. Todd Gold Project, Northern Territory, Australia Jun 5, 2009
The results of the PEA indicate that development of the base case alternative would have an estimated cash cost of $453 per ounce and a pre-tax Internal Rate of Return ("IRR") of 21 ... 1 Internal Rate of Return 11. (PR Newswire)
Saving Cents: Houston's best banks Jun 4, 2009
The rate of return is only ... The rate of return on a savings account is. (KHOU.com, TX)
County looks to borrow $70M Jun 3, 2009
Once the county has received the cash necessary to pay its general fund expenditures, the majority of which is salary, the money would be invested with an estimated 1 percent rate of return, James said. In theory, the county would be making a half-percent rate of return on the borrowed 70 million to 105 million after paying back the debt and honoring the investors return, according to James. (Santa Maria Times)
Silverado Reports January 1, 2009 NI 43-101 Pre-Feasibility Analysis Amended June 1, 2009 to Reflect Additional Data Jun 3, 2009
The internal rate of return (IRR) is calculated to be 31. 2 percent for the Base Cash Flow case study. (Primezone Releases)
STMM Named 'Top Guns' in Ranking by Informa Investment Solutions Jun 3, 2009
The top ten information ratios for the latest five-year period then become "6 Star Top Guns." The information ratio is an efficiency measure calculated by dividing the Excess Rate of Return by the Standard Deviation of the Excess Rate of Return stream (Tracking Error). PSN database information is intended for use by qualified investment professionals. (PR Newswire)
Retirement Rule of $20 helps Canadians concerned about market volatility and longevity risk Jun 3, 2009
- The $20 Rule is based on current data regarding average life expectancies and the long-term rate of return from a balanced retirement portfolio consisting of 35% equities and 65% bonds. - Example: A couple is heading into retirement with $400,000 in registered savings. (Canada Newswire)
Duke seeks 12.6% N.C. rate increase Jun 3, 2009
According to its rate filing with the commission, Duke made an overall rate of return of just 5 ... Under the rates N.C. regulators approved in 2007, Duke was allowed to make a rate of return of about 8 ... Carter says current rates will not allow Duke to cover its operating costs, expand its operations to provide reliable and environmentally sound service, and give its shareholders a decent rate of return. (Charlotte Business Journal, NC)
Vietnam farmers fallto bauxite bulldozers Jun 2, 2009
"Why are we converting an economically productive area into an open pit mine?" Son said, adding that for the same level of investment the rate of return from bauxite mining is far less than coffee growing. "After the bauxite ores are mined, the soil is no longer suitable for growing crops without extensive remediation.". (Asia Times Online)
Post Offices MIS: One month at a time Jun 2, 2009
The rate of return is not interest rate sensitive. Though the general interest rates may fall further, the scheme will continue to fetch 8% fixed rate of interest. (India Times)
Greystar Launches Feasibility Study for Angostura Jun 1, 2009
"The Prefeasibility Study indicates very favourable economics at a gold price of US$700 per ounce in the first three years of operation and US$650 per ounce thereafter. Gold prices have continued to improve since the Prefeasibility Study and there are several avenues that the Feasibility Study will evaluate to potentially further enhance the internal rate of return for the Angostura project.". The Feasibility Study will provide technical evaluations, engineering designs, capital and operating... (CCNMatthews Press Releases)
NY pension fund down $44B since last year May 30, 2009
The fund s rate of return was -26. 3 percent. (Albany Business Review, NY)
Corporate Bonds Attracting Buyers In Uncertain Times May 29, 2009
"A case can be made that corporate bond returns over the next 10 years can be better than the rate of return on the S&P 500," said Joe Battipaglia, market strategist for the private client group at Stifel Nicolaus. He thinks deflation tends to result in "lower than historic profitability.". (Investors Business Daily)
TD Bank Financial Group Reports Second Quarter 2009 Results May 28, 2009
At the Bank, our goal is to earn a stable and sustainable rate of return for every dollar of risk we take, while putting significant emphasis on investing in our businesses to ensure we can meet our future growth objectives. Our businesses thoroughly examine the various risks to which they are exposed and assess the impact and likelihood of those risks. (Canada Newswire)
Luxury housing - down but not out May 28, 2009
The sentiment has been further dented with poor investment climate, low liquidity/salability concerns, expectation of fall in property prices, liquidity crunch of developers causing delays in project delivery, uncertainty in timing and rate of return on investment, fuelling a crisis of confidence and consequently low deal flow. The drubbing in the luxury-housing segment is also being attributed to excess supply and speculative demand. (India Times)
The Decline and Fall of General Motors' Empire May 27, 2009
Money parked in GM stock in 1998 provided a negative 22% annual rate of return over the next 10 years, a bone crushing performance that would shrink a $100,000 investment to less than $10,000. Then came the coup de gr ce in 2009 as the crisis deepened, GM's stock went to $1. (Time.com)
OceanFirst Financial Corp. Announces Strategic Combination of Central Jersey Bancorp - Enhancing Community Bank Franchise At the Jersey Shore May 27, 2009
OceanFirst projects a mid-teen internal rate of return on the transaction and expects to record a restructuring charge of approximately $3. 9 million after related tax benefits. (Primezone Releases)
Do we accept a child’s ‘parental-assisted suicide’? May 27, 2009
Endowments for colleges average a rate of return of 17. 2% according to a 2007 study by the National Association of College and University Business Officers. (Atlanta Journal-Constitution -- Opinion)
How to review MF investments? May 26, 2009
The rate of return of other funds may look enticing, but be careful: there are both pros and cons to the redemption of your MF units. Let's examine the circumstances in which liquidation of your fund units would be most optimal and when it may have negative consequences. (India Times)
President Wants "Leaner, Meaner" Carmakers May 24, 2009
Individuals buy bonds from the Government, Banks and Corporations because they are willing to take a lower rate of return on their investment in order to have a degree of safety in their investment. We could buy the company stock or invest in a mutual fund or hedge fund but instead we have chosen to invest in bonds. (CBS News)
How to Turn a Quail-Breeding Farm Into $5.2 Billion May 24, 2009
For those of you keeping track, that's aridiculous80% annual rate of return over three decades. That's why I studied the Lius' story -- to figure out what qualities we should be looking for in the next stock with tremendous upside. (MSNBC -- Business)
TARP Warrant Sale Shows Banks May Reap `Ruthless Bargain' in Repaying U.S. May 24, 2009
The risk-free rate of return, or the yield of government debt, was 3. 47 percent that day. (Bloomberg)
Sun for rent May 24, 2009
"You tell me where else you can get this rate of return in this economic environment.". For Friedman, who is renovating his home as green as he can, his decision to have Alteris install solar panels made sense. (Boston Globe)
ELSS good for investor May 24, 2009
You may expect better returns vis-a-vis other savings instruments that offer a fixed rate of return. The returns from an ELSS may vary. (India Times, India)
Fire campaigns off to good start May 23, 2009
Kennedy cautioned the higher rate of return may be from residents and business owners eager to mail out donations early while the appeal was fresh in their minds. He added the campaign only just started and the return rate could slow down. (Carlisle Sentinel, PA)
State fund to focus on tourism, oil and gas May 23, 2009
He says TIAs hurdle rate for investments is 8% and it has a internal rate of return target of between 15% and 20%, which some have described as rather ambitious, especially amidst the current environment. Its a little on the high side. (The Star Online, Malaysia -- Business)
Plan your investment based on risk tolerance May 23, 2009
Financial advisers say individuals should plan their investment based on their risk tolerance capacity and financial needs or objectives, which encompass their preferred time horizon and rate of return as well as affordability to invest. Being clear with ones investment objectives will make the selection of asset classes in which to invest easier, Lee says. (The Star Online, Malaysia -- Business)
NIST study finds a decade of high-payoff, high-throughput research May 22, 2009
The new study,* conducted for NIST by RTI International, estimates that from inception (1998) through 2007, the investment in the NCMC has yielded a social rate of return of about 161 percent (also known as the "internal rate of return" in corporate finance; a minimum acceptable IRR for a government research project is about 50 percent). RTI's evaluation also found that the NCMC accelerated industry's adoption of combinatorial methods by an average of 2. (EurekAlert! -- Business News)
EarthTalk Q&A: climate, peat and people May 21, 2009
Individuals can put small or large amounts of money on MicroPlace and get a rate of return in the two- to three-percent rangebetter than a donationand get the satisfaction of knowing that their cash is helping someone in a developing country improve their lot and that of their impoverished community. On the environmental front, microfinance is, in and of itself, green in that it promotes businesses that can be sustained indefinitely. (MSNBC -- Environment)
There's no foolproof formula for knowing how much you can spend in retirement May 21, 2009
Are you assuming any rate of return on the underlying investment divided 60/40 between stocks and bonds. If I assume a 7 percent rate of return, couldn't I withdraw more than 4 percent each year ... Rather than rely on an expected rate of return, Monte Carlo simulations consider thousands of possible scenarios in bull and bear markets and project a range of possible future returns. (Boston Globe)
Case stockholders could reap rewards of merger May 19, 2009
"Some people, looking at it on the surface, it's a guaranteed 15 percent rate of return," Powell said. "Well, the market's telling you something's in there that complicates the deal. ... There's a pricing risk in this deal right now."People think there's a free trade-in here," he added, "and the market doesn't give away things for free. (Racine Journal Times, WI)
Traditional SIPs May 18, 2009
We have assumed the discounting rate of 8% since this is the opportunity cost of the capital invested in the RD. Had this amount not been invested in an RD, it would have fetched this rate of return in some other investment such as the public provident fund (PPF). 1. (India Times)
Investing in goverment retail bonds May 17, 2009
The reason these bonds will be so appealing to the investor is that they are risk free and offer a better rate of return than conventional banks. You can buy a RSA Retail Bond electronically through the , directly from the National Treasury or from any branch of the Post Office, making it easy to invest. (iAfrica.com)
T Vijay: Whose elections were these? May 16, 2009
A senior member of the Indian Administrative Service, Alok Kumar, in a brilliant analysis, in Garhwal Post , has reflected on how these elections might have become less relevant for the millions of people who have restricted sources of income and are living on the edge: "At 267 million [2005] , the number of poor remains unacceptably large. If you also include the fact that of the remaining population, 190 million earn between $1 and $1.25 a day and a further 170 million earn between $1.25 and... (India Times, India)
SIPs fall off long-term inv'mt pedestal May 16, 2009
If you keep investing into SIPs for, say, 25 years, your rate of return will not even exceed 10. Youve to book profits (redeem SIPs) to make money in SIPs, said Puregold Investment Consultant managing director Pavitra Anand. (India Times)
Ball field estimate looks good to Guard May 16, 2009
Even a modest rate of return of 6 percent would be a lease of $400,000 a year, and that just isn't tenable, said county Board of Commissioners Chair Tom Brian. A 25-year, $1-a-year contract on the ball fields between the city and the county expired in 2006. (OregonLive, OR -- News)
Land of the rising sun officially land of the sunken return May 16, 2009
Capital returns slid in all regions of Japan over the past six months, with falls of about 150 basis points on an annualised rate of return, but the biggest drop was recorded in the five wards of Tokyo, which fell 165 basis points in September 2008. The managing director of IPD Japan, Toshiro Nishioka, said in a statement that the pace of capital depreciation had been relentless in the 12 months to September last year. (Sydney Morning Herald -- Business)
Anaconda power plant a likely go May 15, 2009
The PSC also plans to allow NorthWestern a rate of return on its investment of up to 10 ... The Montana Consumer Counsel, which, like Molnar, said the company needed to take a closer look at less costly alternatives, said the rate of return should be in the 8 percent to 9 percent range ... Rapkoch says the higher profit margin is needed to attract investors in the company: "We want to make sure it's a competitive rate of return, versus where they might want to put their money elsewhere." Mike... (Montana Standard, MT)
Tetragon Financial Group Limited (TFG) Monthly Update for April 2009 May 15, 2009
Internal Rate of Return (IRR) x Amortized Cost B/Fwd determines CDO income. (5) Equals CDO Amortized Cost BFwd / Book Value. (PR Newswire)
Denbury to sell Barnett Shale assets May 15, 2009
We believe we can make a good rate of return in our tertiary program at current oil prices and we are more optimistic about near-term oil prices than natural gas prices, prompting us to direct our focus on our core tertiary oil assets. Reader Comments. (Dallas Business Journal, TX)
ELSS best investment option May 14, 2009
Other options like EPF, PPF, five-year FD, among others, offers fixed rate of return (currently around 8%,), whereas ELSSs (at least in theory ) can give you nearly 15. One year, stocks may be down 50%, but over a period of 3-5 years you can hope to get an average return of 15%, says Sanghvi. (India Times)
Bankers Might as Well Shoot Craps in Vegas May 14, 2009
After being deregulated, banks could easily be mistaken for the , only with a rate of return slightly worse than that of your average craps player. Problem is while giving up Las Vegas might help the rehabilitation of bankers, it is bad for the temple of showgirls, the 24-hour all-you-can-eat buffet and. (Bloomberg -- Columnists)
AEGON Significantly Improves Earnings in First Quarter of 2009 May 14, 2009
The internal rate of return is 17 ... The value of new business (VNB) in the Americas amounted to USD 103 million, and the internal rate of return (IRR) was 10 ... - Underlying earnings declined 36% to EUR 72 million - Life sales down 13%, due to decline in retail market; group pension sales were strong - Value of new business of EUR 31 million; internal rate of return of 14. (PR Newswire)
Denbury to Sell 60 Pct of Barnett Shale Assets May 14, 2009
"We believe we can make a good rate of return in our tertiary program at current oil prices and we are more optimistic about near-term oil prices than natural gas prices, prompting us to direct our focus on our core tertiary oil assets," he said in a statement. Besides paying bank debt, Roberts said the proceeds also will give the company greater liquidity and flexibility in case of further drops in commodity prices, as well as an unused bank credit line for possible acquisitions. (ABC News -- Wire)
Bigger penalties key to tackling 'dirty oil': study May 13, 2009
He said crude prices would have to rise to at least $90 (U.S.) a barrel to allow companies to invest in emissions reduction technology, while still earning a reasonable rate of return. And if construction costs escalate as they did between 2005 and 2008, crude prices would have to be closer to $110 for the new oil sands projects to go green. (Globe and Mail -- Business)
Invest in Missouri bills head to governor May 13, 2009
State law currently caps the rate of return on general time deposits to match the U.S. Treasury yield, which has recently been as low as 0. 2 percent. (St. Louis Business Journal, MO)
Dundee Precious Metals Reports First Quarter 2009 Results May 13, 2009
- Results of the update to the 2005 definitive feasibility study on the Chelopech Expansion Project confirmed the commercial viability of the project and indicated an internal rate of return of over 27%, future capital costs of US$216 million and a payback period of approximately three years. - Certain permits required to advance the construction of the mine and mill expansion, including the semi-autogenous grinding mill and concentrator expansion, have been received and work is progressing. (CCNMatthews Press Releases)
Canada Revenue Gave $77.3 Million to Companies That Overpaid Their Taxes May 13, 2009
For many years, the agency has considered the possibility that corporations make advance deposits to earn a high rate of return, the report said. The tax agency said in its response to the report it agrees with the auditors conclusions. (Bloomberg -- Canada)
Are city budget estimates accurate? May 12, 2009
to provide sufficient revenue to balance the FY 2007-09 budget, we are recommending that Council continue to transfer funds from the Electric Fund based on the Utility Rate of Return formula. Transfers to the General Fund from the water, wastewater and solid waste utilities are computed on a cost of service methodology. (Lompoc Record, CA)
Budget Deficit To Surpass $1.8 Billion May 12, 2009
The government becomes indebted to you, you receive a good rate of return every year, and you receive your principal back when the bond matures ... The government becomes indebted to you, you receive a good rate of return every year, and you receive your principal back when the bond matures. (CBS News)
Family first May 11, 2009
Her mother had burned her with boiling water," said Young. In her 10 months with them, Sharon got comfortable with being hugged. When they moved to Los Angeles, they fostered Vietnamese children who were brought to the United States for medical care by a doctors' organization. In Hawaii, they raised a niece for several years and hosted students from Japan, Sweden and Russia. "Whether we were strict or laid back as parents was determined by the youngster," said Mike Young, whose experience worked... (Honolulu Star-Bulletin)
PUC member: More transmission needed for wind May 10, 2009
A more common rate of return on utility projects is between 8 and 10 percent, he said. But the Green Power Express has considerable risk. (Sioux City Journal, IO)
Thrust for global zakat fund initiatives May 9, 2009
BMB Group is eyeing for a rate of return of between 15% and 20. The returns on its investment, Dar explains, will be channelled towards the funds fourth function, that is, emergency and relief. (The Star Online, Malaysia -- Business)
