Scratchy investment: Cat trumps finance gurus at stock-picking — RT

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Want to increase your investment portfolio? Better ask your cat than a professional stockbroking team, the Observer’s share portfolio challenge has revealed.

Pádraig Floyd‘s insight:

Grist to the mill for those favouring passive portfolios, methinks.

See on rt.com

Are Annuities the Right Investment for Your Retirement? – Minyanville.com

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Your Money
Are Annuities the Right Investment for Your Retirement?
Minyanville.com
If you want more access to more investment options, you can choose from among a range of them, typically mutual funds, to invest your purchase payments.

See on www.minyanville.com

Lack of Infrastructure Investment Threatens U.S. Economic Growth

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Source: ThinkstockThe U.S. needs to invest about $2.7 trillion dollars in the nation’s infrastructure by 2020 according to a new study from the American Society of Civil Engineers (ASCE).

Pádraig Floyd‘s insight:

Biggie this and not going to be sorted out any time soon. Can’t see the US wanting to raise federal taxation to put this right, so where does the money come from? Pension funds?

See on 247wallst.com

More money from parents = lower college grades, study finds – NBCNews.com (blog)

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More money from parents = lower college grades, study finds NBCNews.com (blog) “The reason it was so shocking, however, is that all the research on parental investments from pre-school through (college) assumes you give something to your kids,…

Pádraig Floyd‘s insight:

So, student debt is a good thing. At least as far as getting better grades is concerned…

See on usnews.nbcnews.com

Fitch warns of risk to UK’s AAA credit rating – BBC News

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BBC News
Fitch warns of risk to UK’s AAA credit rating
BBC News
The UK continues to risk losing its top AAA credit rating if it does not reduce its debt, a senior figure at Fitch Ratings has told the BBC.

See on www.bbc.co.uk

CalPERS gains more than 13% in investment returns in 2012 – Los Angeles Times

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Bloomberg
CalPERS gains more than 13% in investment returns in 2012
Los Angeles Times
California’s massive public employee pension system gained more than 13% in investment returns last year, most of it from stocks and real estate, the agency said.

See on www.latimes.com