Search found 2 matches

by Pebbles Merriweather
Fri Mar 27, 2020 11:19 am
Forum: Stocks
Topic: Bad Q1 earnings caused by coronavirus
Replies: 3
Views: 796

Bad Q1 earnings caused by coronavirus

Coronavirus is going to destry company earnings. Even when it ends (if?), another thing to keep in mind is that corporations are going to come out of this scared, in pain, and with a new interest in getting their debt/balance sheets under control. That means an end to borrowing to do buybacks after ...
by Pebbles Merriweather
Tue Mar 17, 2020 1:18 pm
Forum: Pensions
Topic: Teacher pensions
Replies: 1
Views: 951

Teacher pensions

In NY, 50% of the school budget goes to pensions averaging $67,500 a year - $5625 a month - not subject to state or city taxes. (Average Social Security benefit? Less than $1400 a month.) Teachers work 180 days a year - vs 260 for the rest of us - retire at age 55 after only 25 years of work and the...