Archive | August 2020

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Financial Folly

Imagine that you earn $33,000 a year. It is a moderate income. But you like to spend money, and so you habitually spend about $2,000 more each year than you bring in in income. Five years ago, you were $50,000 in debt. As a result of your recent overspending, you are now $60,000 in debt. […]

Teams with Superstars Are Less Likely to Win

The hoopla over this year’s NHL draft lottery highlights once again the value of an NHL superstar. The New York Rangers won the lottery and thus the “Lafreniere Cup” That is, the Rangers get to make the first selection among this year’s crop of young hockey players. They are expected to choose high-scoring left winger […]