'Bonds come in many shapes and sizes. Those issued by the government include T-bills, Treasury notes and Treasury bonds. Municipal bonds are issued by a city, county, state, school, or park district for constructing roads, bridges, schools, libraries, airports, and so on.'    Now that the roaring bull that was the stock market has been put out to pasture, let us turn our attention to bonds and bond mutual funds. With investors accepting the sad reality that stock values can drop as fast as they may rise, bonds beckon as a lower-risk alternative - albeit one with a less exciting growth potentia... view article details

If you’re like most people, your credit rating is probably the last thing on your mind while looking for a new job. Maybe you’re taking a second or a third look at your resume and cover letter, or having a friend or expert review or revamp them. You may even be taking a closer look at your wardrobe. But according to analysts and experts like Michael Germanovsky, editor-in-chief at Credit-Land.com who was our 'go to' expert for this article, your credit rating should definitely be on your mind if you want to get hired. In reality your credit score can play a very real role in whether or not you... view article details

'Stock mutual funds can be geared toward an investor's risk threshold. The more conservative investor would focus on lower-risk balanced funds that usually are composed of high-dividend-yielding stocks and bonds.' Anyone who's shopped for a mutual fund knows finding the right one can be harder than locating that proverbial needle in a haystack. There are so many to choose from. Remarkably, people seem to navigate the selection process somehow, because statistics show that most stocks held by the average American are purchased by way of a mutual fund. Mutual funds do the work for you'Certainly ... view article details

Q. I had five years of experience as financial accountant in private industry in the United States before moving to Hong Kong last year. My annual earnings as a manager were US$43,000. The staff accountant job I hold in Hong Kong equates to US$28,000. Besides the job title, the salary difference is also because of the different living standard, tax rates, and salary trends between the United States and Hong Kong. After taking these considerations into account, I estimate my salary in Hong Kong to be equal to US$40K.Now I am returning to the United States and my low salary looks awkward on my r... view article details

When my wife and I began to gather receipts and other scraps of paper for our taxes this year, I called our long-time accountant with a routine request for an organizer to help us make sense of all the numbers. 'I already sent it to you,' the accountant hissed. But no matter how disorganized my wife and I may be, we knew we had not received that vital piece of mail.I called her back a few weeks later with a follow-up query. 'I don't really have time to handle individual tax returns this year. I've got all the business I need,' she snarled. 'I can't find any trained people to help me.'And so, w... view article details

How to Let Employees Go With Dignity & Keep Morale High at the Office If you're an employer, you’ve likely had to fire people. It's never easy and the process can be fraught with hazards. Keep in mind these nine tips for firing an employee: 1. Do: Consider the need to terminate an employee carefully. If the decision is sound and rational, act quickly so the potential damage to your business and/or staff morale is not allowed to linger any longer than necessary. 2. Don't: Assign the task to someone who doesn't directly supervise the employee. Putting the unpleasant duty on someone who has... view article details

Writing a resume is a tough project. Paring your career down to a few wispy action oriented sentences requires you to be able to distill your experience in a way that retains some elements of truth. The first hurdle involves having a clear grasp of your strengths and weaknesses. Your self-concept is a story that you tell yourself about the way you fit into the world. It is composed of experiences, reflections, memories, dreams, and accomplishments. It is a mental picture of who you are. Who Are You, Really? It is very hard to know whether your view of yourself is accurate. Social science off... view article details

Looking for a job depends on where you start. You do things differently if you are looking for work while you have a job than when you don’t. You use one approach if your employer is hitting a rough patch. It’s a whole different story when you’ve just graduated from college (and which college seems to really matter). It’s another story when you are reentering the workforce or shifting careers. Where you are in your professional development plays a role. While it’s wonderful to think that recruiters will come hunting for you while you are gleefully enjoying your current gig, that doesn’t often... view article details

Fostering Teamwork Stems from Proper Management Teamwork provides a foundation for business success. Teams, when managed properly, maximize each individual’s strong points while minimizing weaknesses. Of course, creating productive teams isn’t as easy as it sounds. Strong working relationships need five basic ingredients for success: Communication, Collaboration, Culture, Creativity, and Commitment. Each of the five Cs builds on the previous one, to form a complete structure which fosters teamwork and relationship building. Communication Effective communication in the workplace makes the ... view article details

Can an Employee Refuse a Raise?  No doubt about it, your team is working hard. But one day, an employee pops into your office and asks for a raise. They're a fairly good worker, but frankly, they haven’t done anything extraordinary to deserve a boost to their own bottom line. You don’t want to offend them—or worse, lose them—by declining their raise request, but you can’t approve it either. Unless there has been major hinting happening around the water cooler, an employee’s request for a raise can come out of left field. Here's how to keep your employee motivated—and on the job—with these tip... view article details