12/07/12
Marketplace Money for Friday, December 7, 2012
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Episode Description:
With less than three weeks to go until Christmas, what are you dreaming of? Maybe getting the perfect gift, landing the perfect job, or fulfilling your dream of buying a house? This week we take a look at the economics of gift giving, why the perfect job in paradise doesn't pay, and if owning a home is still part of the American Dream. Plus, can an independent liquor store still survive against the big-box retailers? And financial advice for investors worried about the fiscal cliff.
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1
Uncorking what keeps independent liquor stores afloat
Conventional wisdom says that big-box stores and supermarket chains offer cheaper alcohol than independent shops. But private liquor stores offer something big retailers can't.
3
The economics of gift giving
Not sure what to give your Secret Santa? Here's some advice on how to re-think the gift-giving process so that everyone is left satisfied.
2
The financial reality of investing for women
We often hear that women are more risk averse than men. Commentator Helaine Olen says yes, male and female investors may approach risk-taking differently, but that's not why women have less money to put away.
0
After all those foreclusures, not so many houses for sale
Some cities with high foreclosure rates actually have housing shortages now, not a glut of foreclosed houses on the market. President Obama's mortgage-relief plan has helped, but another factor is hedge funds investing in houses to rent out.
1
Lifeguard: A dangerous job in paradise
For lifeguards on Hawaii's North Shore, the office is beautiful, the work is dangerous, and the pay is surprisingly low.
2
What's helping the housing market bounce back?
Things are looking up in the housing market. People are starting to buy houses again. Mortgage rates are at an all-time low and there's lots of inventory. Or is there?
0
Advice for investors ahead of the fiscal cliff
A lot of investors are on edge about what's going to happen with the fiscal cliff. Economics correspondent Chris Farrell says take a deep breath and don't make any rash decisions.
2
Letters: It's my first time negotiating a salary!
L.A. Times consumer columnist David Lazarus tackles trip insurance, low income housing, first-time salary negotiations and why on earth someone would still choose to still pay bills by check (we're looking at you, Tony Cox!).
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