limits, changing from the last-in first-out method of valuing inventory to the first-in first-out method, cutting nonmandatory expenses for short periods, or attributing regular business expenses to a one-off, nonrecurring event. The Bottom Line Investors should always do their homework before investing in a stock. That means analyzing the company’s financial report to get a true picture of how it is doing. Don’t just fixate on the headline numbers the company wants you to read or trust that analysts or somebody else will do the job on your behalf. Go through everything yourself and do it with a skeptical eye.experience: Schools and universities should make internships, work placements, and project-based learning with industry partners a core part of their curricula. Firms should spend more of their profits on creating opportunities for young people to experience real jobs. 3. Promote lifelong learning: Stop educating people as a one-shot event. Blend work and learning in a model of c...
for what you need. "They should prepare for higher health costs; things like mobility issues. You don't really think about that, but a lot of times that's not always covered. When a mobility issue comes up, you'll have to pay out of pocket for it," she said. That's where your emergency fund can come in. Your emergency fund should be larger to protect your retirement account, Wheaton said. "You generally don't want to pull large sums of money from retirement accounts at one time. If you do have an emergency or a medical expense you have to pay for, it's nice to pull it out of your emergency fund, as opposed to pulling it from your retirement account." That way, your retirement money will continue growing and be there when you need it, while your emergency fund will help to make sure the unexpected is covered, too. Liz Knueven Personal Finance Reporter

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