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Friday, February 29, 2008
Retirement is FOXBusiness.com's On Topic for February, 2008.
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Wednesday, February 27, 2008
If you're like most Americans, your vision of retirement features a version of you at age 65 of older. But some retirees are refusing to wait until they’re 'senior' to start their retirement.
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Friday, February 22, 2008
Some financial experts believe the golden years present golden opportunities for those looking to deepen their financial comprehension – especially through the help of investment clubs.
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Friday, February 22, 2008
Many retirees are choosing communal retirement villages over remaining in their family home, but the expenses may be more than expected.
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Friday, February 22, 2008
A buzzword among many seniors is 'reverse mortgage,' though critics say they’re often too good to be true. So what is a reverse mortgage, and what does it really do?
More News
- Not Your Everyday Tourist...Retirees Feed Travel Industry
- Early Preparation is Key for the Sandwich Generation
- Questions You Should Ask Your Parents' Potential Assisted-Living Facility
- Three Atypical Jobs for Retirees
- Rolling the Dice: Are Seniors Risking Their Retirement?
- Retirees Turn Hobbies Into Extra Cash
- Unique Ways to Play the Baby Boomer Market
- Whether Aiming to Retire at 45 or 65, Steps Need to Be Taken NOW
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Even if you don't think you do, you already know plenty about commodities. Want us to prove it? No problem.
What makes oil produced in Saudi Arabia different from oil exported from Nigeria? It's the same thing that makes the corn you ate at last summer¿s barbecue different from the corn used to produce ethanol. Stumped? Well, don't feel bad, it's a trick question. The answer? Absolutely nothing. Corn is corn no matter where it comes from -- just as wheat is wheat and natural gas is -- right! -- natural gas. (Though the quality may differ, the make-up is uniform.)
So, in less elaborate terms, corn and oil (and all other commodities) are homogenous goods that can be processed, resold and more often than not, used as an input to the production of other goods or services. These goods are traded on a commodity exchange, thus setting the price-per-barrel (or other metric unit) used to value them.
Now pay attention, here's a question that indeed does have an answer: What is the difference between a commodity and a stock? While a stock can tank and become worthless, a commodity cannot have its value be wiped to zero. One other difference: Most commodities are traded in futures, meaning traders buy and sell where they think the price of a product will be at a certain point in the future. Stocks trade based on the value of the underlying company at that point in time.