Most people have a seat-of-the-pants understanding about leverage from playground equipment. Some people understand the physics behind the lever and have put it to great use. In the financial world, leverage has more of a theoretical application than a physical one. Someone who might only have enough cash to buy enough bread for a week’s […]
Tag: Money
Bailout for the Bankrupt Christmas (Nate)
I recently received an issue of an e-zine (it’s like a magazine that comes through email–great for not cluttering up your coffee table) that gave special attention to the decline in charitable giving. Overall giving is down. A confidence indicator that tracks people’s willingness to give is at a new low. Some organizations that exist […]