Sunday 6 December 2009

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Financial expert Dan Solin's three stock market predictions for 2010
December 6, 2009 at 3:00 pm

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This is the time of the year for stock market predictions, so I thought I would throw my hat in the ring.

My first prediction is there will be no end of "financial experts" who will shamelessly set forth their views on what will happen to the stock markets in 2010. Let's take a look at some of their past predictions:

Continue reading Financial expert Dan Solin's three stock market predictions for 2010

Financial expert Dan Solin's three stock market predictions for 2010 originally appeared on DailyFinance on Sun, 06 Dec 2009 15:00:00 EST. Please see our terms for use of feeds.

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Yellow Tail asks the public to name new wine -- a move that could backfire
December 6, 2009 at 2:00 pm

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It's been mocked, praised, even called evil, and now Australian wine maker, Yellow Tail, is giving it a try. Crowdsourcing, or throwing out a task or problem usually handled by one person (typically an employee) to the public, has been bashed for exploiting workers and disrupting the competitive balance of certain industries.

Yellow Tail's request of the masses, however, seems innocent enough: come up with the winning name for its new, un-oaked Chardonnay.

"[Yellow Tail] wants you to name our new Chardonnay (if we are being honest, we want you to do our work for us)," the company's Web site says of the contest, which runs through December 9. Entries can also be submitted through the company's Facebook page and the winner will be picked by a panel of judges.

Continue reading Yellow Tail asks the public to name new wine -- a move that could backfire

Yellow Tail asks the public to name new wine -- a move that could backfire originally appeared on DailyFinance on Sun, 06 Dec 2009 14:00:00 EST. Please see our terms for use of feeds.

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We've stopped smoking, but we're getting fat. Net loss: eight months of life
December 6, 2009 at 12:00 pm

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Anyone who's ever quit (or tried to quit) smoking knows that once the puffing stops, the eating begins. And as individual smokers go, so goes the nation: The U.S. has seen smoking rates fall and obesity rates rise in recent decades, and the combination has cut the U.S. life expectancy.

A recent New England Journal of Medicine study of trends in rising obesity and falling smoking rates found that the rising obesity rate has "overwhelmed the positive effects of declines in smoking in multiple scenarios." The study predicts: "If past obesity trends continue unchecked, the negative effects on the health of the U.S. population will increasingly outweigh the positive effects gained from declining smoking rates."

Continue reading We've stopped smoking, but we're getting fat. Net loss: eight months of life

We've stopped smoking, but we're getting fat. Net loss: eight months of life originally appeared on DailyFinance on Sun, 06 Dec 2009 12:00:00 EST. Please see our terms for use of feeds.

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Mortgage modification program isn't stopping homeowner defaults
December 6, 2009 at 11:00 am

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mortgage-modification-program-isnt-stopping-homeowner-defaultsThe idea behind the $75 billion Home Affordable Mortgage Program is to give homeowners facing foreclosure a means to get lower monthly payments and stay in their houses. The participants must successfully complete a trial period and provide additional documentation to prove that they are able to make these modified payments. They are then eligible for permanent modifications in their loans.

Assistant Treasury Secretary Herbert Allison has provided data to the Congressional Oversight Panel that shows "over 73 percent of borrowers are current in their trial plan payments," according to documents obtained by Reuters. That's a pleasant way to say that more than a quarter are behind.

Continue reading Mortgage modification program isn't stopping homeowner defaults

Mortgage modification program isn't stopping homeowner defaults originally appeared on DailyFinance on Sun, 06 Dec 2009 11:00:00 EST. Please see our terms for use of feeds.

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For guys with a short sexual fuse, a new spray may help delay the grand finale
December 6, 2009 at 10:00 am

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Hollywood has long made light of premature ejaculation. Jason Biggs's scene in the teen movie American Pie is pretty typical: guy finally gets girl in bed for sex, only to pull the trigger before the long-awaited act even begins. While funny, perhaps, for movie audiences, these moments are no laughing matter for the estimated 20% to 30% of men of all ages -- not just teenage virgins -- who suffer from the problem.

But if a new drug passes regulatory muster, guys with a short sexual fuse may be able to last a bit longer. Sciele Pharma says results of a late-stage clinical trial show that men who used its topical spray PSD502 were able to delay ejaculation five times longer than those who used a placebo, or dummy treatment. "If the results hold up in larger clinical trials, I think it will have a great future in the treatment of premature ejaculation," says Ira Sharlip, a spokesman for the American Urological Association.

Continue reading For guys with a short sexual fuse, a new spray may help delay the grand finale

For guys with a short sexual fuse, a new spray may help delay the grand finale originally appeared on DailyFinance on Sun, 06 Dec 2009 10:00:00 EST. Please see our terms for use of feeds.

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If Congress idles, estate tax dies in 2010 but revives with a vengeance in 2011
December 6, 2009 at 8:00 am

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If Congress doesn't act before the end of the year, the heirs of people who die in 2010 won't have to pay any estate taxes. That's because during the Bush administration, Congress passed a bill that kills estate taxes for a year starting next year.

That may sound like good news, but if the Congress doesn't act by 2011, estate taxes will come back with a vengeance. In 2011 and beyond, the estate tax goes back to where it was before the Bush tax cuts -- a tax rate of 55% on any estate of $1 million or more. When the Bush bill was passed, dark humor abounded about how families would not report deaths until 2010 while others would take actions to encourage sick family members to die in that year.

Continue reading If Congress idles, estate tax dies in 2010 but revives with a vengeance in 2011

If Congress idles, estate tax dies in 2010 but revives with a vengeance in 2011 originally appeared on DailyFinance on Sun, 06 Dec 2009 08:00:00 EST. Please see our terms for use of feeds.

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