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Independent Investor

Income inequality: Do women have a choice?

Income inequality between the sexes in this country has always been a problem, and it does not appear to be getting any better. Critics argue that much of the blame lies in the choices many women make in pursuing their education and career goals. I beg to differ.

What’s up with Big Pharma?

This week several multi-billion deals were announced in the pharmaceutical sector. Merger and acquisitions on a global scale appears to be heating up in this sector with over $140 billion in transactions so far this year. What’s behind this feeding frenzy?

What’s up with Big Pharma?

This week several multi-billion deals were announced in the pharmaceutical sector. Merger and acquisitions on a global scale appears to be heating up in this sector with over $140 billion in transactions so far this year. What’s behind this feeding frenzy?

Trade school versus college

When was the last time anyone seriously considered a choice like that? Trade school versus college. Over the last 50 years, most Americans considered a college education as the only ticket to their slice of the American dream. The high cost of that education, coupled with declining incomes and fewer openings for today’s college grads make me wonder if there isn’t a better way forward for a large portion of our work force.

Obamacare confounds critics

Despite a coordinated and well-financed effort to sabotage and overturn the Affordable Care Act, the open enrollment numbers this week indicate there is a groundswell of support by Americans for a universal and effective health-care coverage.

That may surprise some of you, but not this columnist. Back in the day, I lived through the fear and anxiety of having no job or health-care coverage. The nightmare of how to protect my family kept me awake at nights. Fortunately I did land a job, actually a crappy position I took simply because my employer offered health-care coverage.

True confessions: Can we talk about, uh, money?

Money holds a great deal of power over us. For many, it is a symbol of worth, competence, freedom, prestige, masculinity, control and security. No wonder most of us have such a hard time talking about ours.

The psychological taboo of discussing money in this country had been identified and recognized as far back as the early 1900s by Sigmund Freud, among others. He wrote that “money questions will be treated by cultured people in the same manner as sexual matters, with the same inconsistency, prudishness and hypocrisy.”

The Internet will change

“Net neutrality” is the official name for an open Internet. It means that all Internet providers are to be treated the same regardless of whether you are a mom and pop company or a global behemoth. This week’s federal appeals court ruling pulled the plug on that concept.

Make a financial resolution

As most of us resolve to lose weight, quit smoking or in some other way change our lives this year, don’t forget to re-evaluate where you stand financially. There are some simple steps you can take that will reshape your fortunes for years to come.

Most people don’t know where they stand financially. Many can’t tell you how much they spend or make, what their tax bracket is or how much they have saved. My advice is to create a budget as well as a statement of net worth.

Lost, and found, art of the Third Reich

This week the art world is abuzz by the revelation that a $1.3 billion cache of 1,500 stolen artworks has surfaced in Munich. European investigators are hunting for yet a second treasure trove right now. It could be just the tip of the iceberg given the extent of Nazi looting during World War II.

A rough rollout for Obamacare

Problems began on day one. Since then the controversy has escalated until just about everyone has something negative to say about the Affordable Care Act. Aside from the litany of computer glitches and misinformation that has greeted the uninsured millions who have attempted to access HealthCare.gov, there are now new questions arising over benefits and costs.