The city of Denton’s unemployment rate was less than 4 percent for the second month in a row. According to data released from the Texas Workforce Commission, unemployment in October was 3.8 percent in Denton, 4.3 percent in Denton County and 5.1 percent for the state.
LOS ANGELES — A guard, in suit and tie, asks me to pop the trunk of my rental car. Then I can enter the underground parking lot of a tall building in downtown Los Angeles. Upstairs, another guard confirms my appointment. Soon I am admitted to the elevator banks that will take me to the 53rd floor. This is the headquarters of Capital Research and Management. It is the third-largest fund complex, with $1.25 trillion under management. But most people know it as the American Funds group.
Has work really become that miserable and unpleasant for so many people?
Cluck Gable crows and plops onto the field. I am Little d, the Mohawk dog, at the edge standing at the ready. Play! I pick a spot far from the rooster and scurry there to start digging. I hit gold, and 25 coins fly over the field and into my trove. Cluck spies me, heads my way and I run to the other side of the field. I dig like mad, but Cluck is onto me, barreling down. I leave a half-dug hole and run. Cluck clucks angrily, feathers flying when he discovers the hole. He crows and comes after me. I zigzag, backtrack and finish the hole for a 500-coin bonus. Yes!
The mid-morning drive-time trip from Los Angeles takes about two hours. The surprising thing: It’s developed and industrial all the way. No quiet drive in the desert. Even so, when Mount San Jacinto is just behind you, there is a kind of magic. At some moment, the air becomes sweet and clear. Once in Palm Springs, there’s a sense of protection, as though things that happen in other places don’t happen here.
Tradition. I love this word. Even the sound of it is solid. One of Broadway’s most famous musicals is also one of my favorites, Fiddler on the Roof. It is the story of people in a time of upheaval. Tevye is the main character, through whom we experience the drama. Change is rocking his world, and he would be completely undone were it not for tradition. “Because of our traditions, we’ve kept our balance for many, many years,” he says.
I am a list-maker. Mainly, I love scratching things off the list. What a feeling! A feeling I can only realize by making the list in the first place. And the act of scratching off? Think about the sound and what goes into making it. A beautiful, organized list on actual paper. Pen in hand, poised above that to-do item that was just done. Then pen meets paper and the sound of ink on ink on paper shouts, “You did it!” I love that.
Anticipating the future is confusing. It’s unknown, for one thing. And we don’t have any tools for measuring. What I can tell from reader mail is that we put a steep discount on the future. If it ain’t soon, it ain’t. You would be amazed at the number of 55-year-old people who casually assume they will be dead and buried by 70.
Over the past 50 years, our life expectancy has increased. So has our health, however many television advertisements to fix various maladies we have seen. So why is it that more of us retire earlier than...
Since the January issue hit newsstands, Texas Highways subscribers and faithful readers in Denton have raced to mailboxes and stores every month, eagerly flipping pages to the Texas Top 40 Destinations feature. In truth, this scenario has happened in cities all across the state and beyond among the magazine’s nearly half-million readers. What’s all the hoopla?
Charles Ellis hammered the latest nail in the coffin of professional money management. His article “The Rise and Fall of Performance Investing” appeared in the summer issue of The Journal of Portfolio Management. It declares the era of performance money management over.
Q: What are the mechanics of changing to a discount brokerage firm? Who are some of the major discount players besides Fidelity?
Things change. Ten years ago, the most common reader question about IRA accounts was this: “How can I avoid the penalty for withdrawals taken before age 59 1/2?”
One Denton school board member signaled support while others raised concerns Tuesday about the district’s possible participation in a tax-increment reinvestment zone to fund the city’s proposed convention center. City officials made a presentation during the school board’s Tuesday meeting, offering updates about the project’s reduction in size.
The young man sitting across from me is slight of frame, small even. At the same time, he exudes strength and athleticism, caged energy a tangible aura surrounding him. His physical stature is somewhat misleading in that he completely fills a space the moment he steps into it.
Q: My husband and I are in our late 40s. We are saving for retirement with the assumption that Social Security will be bankrupt by the time we retire. We are not planning on receiving anything. We don’t feel we should rely on Social Security benefits to support ourselves. We hope to be happily surprised if we are wrong.