Are we finally starting to see "the death of desktops"? I personally don't believe the end is near but there is a strong case building to support that theory.
For the month of June, iPad users were responsible for 1% of the world's internet traffic...and 2.1% of the US. And that's just users of Apple's insanely popular device...that doesn't take into account the growing Android numbers.
Overall market share for both mobile and tablet has increased to 5%, for the first time, in June. This is a strong trend. I know I find myself using my phone and tablet almost exclusively...only going back to my PC when I want to do photo editing or heavier computer work.
By Anthony Williams, ChFC, RFC, CLU
Some ten plus years ago, we were asked to define our practice in one sentence. What is it we do? We help doctors and their families grow their net wealth in a tax-efficient manner while minimizing exposure to litigation. Plainly stated, the goal is to help clients grow and protect wealth while eschewing the risks doctors face. Let’s discuss the three greatest of these risks in more detail.
By Jerry H. Biese
Each generation, it seems, strives to distinguish itself from the former generation. Trendy hairstyles, funky fashion, special slang, alternative lifestyles, and even different ideals are eagerly adopted in an effort to differentiate “us” from “them.” Consequently, it takes years—maybe even becoming parents ourselves—before we can recognize and fully appreciate the wisdom of former generations.
Perhaps it was painful memories and lessons learned from The Great Depression and two World Wars that yielded the fiscally reserved, financially disciplined people we call Mom and Dad. They embraced simple mottos like “patience is a virtue,” “good things take time,” and “the early bird gets the worm.” They worked hard, planned and saved diligently for the future, and lived frugally in the present. If you want something done right, they said, do it yourself.
Maybe we can take a cue from Mom and Dad, after all.
By Arnold C. Friedman, MD, FACR
As a middle-aged physician all too aware of the fact that we are all merely “passing through” life on our way to somewhere else, I am increasingly concerned with having a good work-life balance. Gone are the days of my residency when I was only able to catch a couple of hours of sleep here and there and be lucky to have the time to eat a fast food meal for lunch or dinner. At this point in my life I want to take care of my physical and mental health and diminish the amount of stress that I have. Don’t get me wrong—running a practice is always stressful but there are new ways to diminish that stress and new ways of working that physicians can now take advantage of.
In a 5-4 decision, the Supreme Court says makers of generic drugs cannot be held responsible for warning consumers of the dangers of their drugs on the package's label when the brand-name equivalent doesn't.
The plaintiff in the case sued PLIVA inc. (and every other generic drug manufacturer with deep pockets) claiming she contracted a neurological movement disorder as a result of one of their meds. Surprising just about everyone, she lost.
Medicine continued to be one of the few economic sectors still creating jobs in the wake of the recent recession. Not as many were created in May as in prior months, but there is still a significant need for physicians and others who provide patient care.
"We have seen growth -- not any sort of decline -- in demand for health care practitioners," said Mary Scholz Barber, vice president of recruitment partnerships and marketing with Cejka Search in St. Louis.
Unemployment as a whole held steady at 9.1%, with 54,000 jobs added in May, according to data released June 3 by the U.S. Bureau of Labor Statistics (bls.gov/news.release/empsit.nr0.htm). Most lost jobs were in local government.
This article was originally posted on U.S. News
While no investment approach is successful all of the time, here are six common investing mistakes to avoid:
Inability to take a loss and move on. Psychologically, it's difficult for investors to sell an investment with a loss. Often they prefer to wait until the investment at least gets back to a break-even level. However, that may never happen or may take a long time to do so. The best approach is to forget about the past and ask yourself: "Would I make this investment today?" If the answer is no, it's time to sell and invest the proceeds elsewhere.
I don’t know when the next 20% move in the market, up or down is going to occur, but, I do believe that over time the market will move up.
If great companies can make a profit, then I will make a return in my investment in those great companies. In a recent Blog I mentioned that when the market trends down, as it has been now for seven weeks, some investors get very nervous. Their first reaction is to pull out of the market and sit on the sidelines. Yet, we must be willing to experience volatility in the market if we want the size of gains that the market can give us.
I’m often asked “How do I begin to get my financial affairs in order?”
That’s a great question. The task can be daunting. Do you begin with gathering documents, or do you start reviewing your investment portfolio, or do you start reading Money magazine and hope that you’ll be able to solve this seemingly complex problem?
I suggest to forget about all of that stuff…for now. Honestly, that stuff just isn’t as important as the more meaningful discussions you should have about your finances. Let me explain.
By Anthony J. Ogorek, Ed.D., CFP®
A major impediment to financial success, as well as to personal happiness, is loss aversion. In a nutshell, loss aversion is the strong preference we have to avoid losses, even at the expense of gains. Another way of putting it is that we feel the pain of a loss much more intensely than we do the joy of a gain.
There are many decisions that we make in life, often to our detriment, due to a subconscious aversion to risk. For example, some people will gravitate to public sector jobs because of the perception that they offer more security than a position in private industry. When examined more closely, the potential pain of a job loss, reduced pay and possible relocation may outweigh the benefits of employment in the private sector.