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| | Retirement Planning
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Defined-benefit plans lack legs
Nathaniel West, author of the book "Day of the Locust," also wrote a short story titled "The Dream World of Balzo Snell." It was the tale of a man who managed to do movie deals in Hollywood, but as a consequence of each completed deal, he would lose an appendage. By the end of the story, Balzo was nothing more than a trunk. His plight somehow reminds me of our struggle to make defined-benefit pension plans answer the retirement needs of American workers. Every time we think these sophisticated plans...
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Cash cards rule, change is passé in Hong Kong
I still reach in my pocket for coins or bills when I go to the corner newsstand for the daily papers. I have a different routine when I take the bus or buy groceries or grab a cup of coffee.
By Dan Gillmor / Mercury News Technology Columnist
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| Good Morning Silicon Valley |
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| | from SiliconValley.com
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Begun this clone war has
First human clone soon to be born; WorldCom sent to bed without any supper: TiVo profiling; CSFB banker shoots self in foot with smoking gun; Study shocker! Natural disaster could cripple Internet; human-mouse hybrids, an unfortunate font choice, and more.
By John Paczkowski
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| | Term Sheet
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Doerr joins debate over stock options
John Doerr, a well-known Silicon Valley venture capitalist, stole the evening Wednesday when he went ballistic on the issue of reporting stock options as an expense.
By Matt Marshall / Mercury News
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| | The Money Manual
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Several strategies help reduce your tax bill
Don't assume that you can't benefit from year-end tax planning just because you're not a fat cat. In these final eight weeks of 2002, you could improve the odds that you will qualify to claim valuable tax credits and write off more deductions. Smart timing can give you a bigger bang from buying a home or refinancing your mortgage. And you can save more for retirement and cut your medical costs.
By Mark Schwanhausser / Mercury News
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