Word: siebert
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...that's changing fast. Financial advice geared specifically at women has become a thriving industry, encompassing targeted marketing by Wall Street, special attention from the financial press, innumerable books--and now some useful websites. Muriel Siebert, who runs the discount brokerage firm Siebert Financial Corp., bought two of them last month. Her relaunched wfn.com is the only women's financial site to offer trading as well as online bill paying and the ability to aggregate all your accounts...
...Siebert says, many women's sites are condescending. In case you don't understand the meaning behind the name PinkBull.com you will find out that pink refers to the feminine side and bull to the financial markets in general. Duh! One of the "experts" on Oxygen Media's ka-ching.com is a novice investor who encourages women to "come learn with me." Would you go to a cardiologist who advertises her ignorance? At ivillagemoneylife.com an ad for a $300 camcorder ran on the same page as an article titled "Deep in Debt." Mixed message, perhaps...
Those alternative investment opportunities could materialize in Europe, which is on track to offer the world economy more help than in recent times. Horst Siebert, president of Germany's Kiel Institute of World Economics, predicted "roughly 3%" growth for the economy of the 15-nation European Union this year. But Siebert was worried that "the key question for Germany, France and Italy is whether they can get on a higher growth path" to shrink their high levels of unemployment. The Continent's major weakness, he said, was a comparative lack of private investment, which grew in Germany at one-quarter...
...that the only human-resource problem Siebert saw on Europe's horizon. The most ominous is an aging population that for retirement will rely heavily on the unsustainable equivalent of Social Security--and, in Germany particularly, a higher-education system that ties down students for too long and doesn't prepare them sufficiently for a competitive economy. "Flexibility is still a taboo word in France," warned Siebert...
...entrepreneur is the person of the Century. We are entering our longest peaceful period of economic expansion since World War II. Entrepreneurs have created tens of millions of jobs for the world through their innovation and hard work. MURIEL SIEBERT, CEO Muriel Siebert & Co. Inc. New York City...