Posts with the tag "finance"

This page shows posts in my weblog that are tagged with the keyword(s) above. This is one of the ways you can browse all of the different topics I write about.


To alleviate the hazards of old age...


In January 1935, President Roosevelt submitted a proposal for "Social Security" to the Congress. The draft legislation is introduced as "a bill to alleviate the hazards of old age, unemployment, illness, and dependency..." It is entirely fitting, I think, that the U.S. government would classify old age as something hazardous, dependency as something [...]

Lump Sum or Installments?


Something fun to distract one on a rainy Wednesday: if I won the lottery, would I take the lump sump payment, or the installments over X years? The answer, of course, is "it depends". How old are you when you win, what's the annuity percentage on the installment plan, how much debt do [...]