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Sally G

Sally G
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  • Apple Will Collect Fees On Apple Payments, Back Of The Napkin: Could Add Billions To Bottom Line [View article]
    But does it mean storing my stuff in the Cloud somewhere? I am fine with digital receipts on my own machine, but one of those old folks who don’t want to put financial info out there somewhere—about the most I do is make some online purchases; no banking on line, trades by automated phone system, etc. Yes, I know I am a Luddite, I know brokers use it all the time—but they have the real security systems, I do not.
    Sep 20 08:00 AM | Likes Like |Link to Comment
  • Apple Will Collect Fees On Apple Payments, Back Of The Napkin: Could Add Billions To Bottom Line [View article]
    No, is it a payment method or an accounting site for keeping track of your finances?
    Sep 19 10:43 AM | Likes Like |Link to Comment
  • Organized protests affect fast-food chains [View news story]
    But it hasn’t gone up with inflation; in fact, I believe that 1968 was the last year it did that. If it had, it would be more like $10/hour—not $15, but not $7.25 or $8.25 either. Why must everything be so polarized? If management and workers could negotiate honestly, without rancor. . . . but I guess I am asking for Utopia!
    Sep 16 11:14 PM | Likes Like |Link to Comment
  • Organized protests affect fast-food chains [View news story]
    You are living in the past; today’s fast-food workers are more likely to be single parents and over 20 years old
    “U.S. census data show that the face of the fast-food worker has changed dramatically over the years. Workers over the age of 20 now make up 70% of the workforce and nearly 40% have children. A third of them have spent some time in college.” (source: http://cnnmon.ie/1mcKGhM)
    I am not commenting on the validity of a $15/hour wage—doubling a wage instantly is not likely to happen. But these folks are negotiating—and finding it hard to survive; from the same article:
    “Nancy Salgado, a 27 year old single mother of a 3 year old boy and an 8 year old girl, plans to strike.
    Salgado works at a McDonald's in the Logan Square area of Chicago earning $8.25 an hour, or about $600 a month take home pay.
    After splitting rent and utilities with 3 roommates, and paying for child care, she's left with a little over $100 a month for food and everything else.
    "If I have a dollar at the end of the month it's a miracle," Salgado said.”
    Now, I don’t know how she got to this point, what family resources she has or doesn’t have, but I would would be pretty desperate in her shoes.
    The article includes a link to another CNN Money article, dated 30 May 2014: “In 1979, teenagers held 26% of all low-wage jobs, while adults aged 25-64 made up less than half of such workers, according to the Center for Economic and Policy Research, which analyzed the low wage workforce over a 30-year span.
    Today, only 12% of low paying jobs are held by teenagers, while adults make up 60% of them. Also, only 20% of such workers had attended some college in 1979. Today, it's 33%.”
    Sep 16 11:11 PM | Likes Like |Link to Comment
  • New buzz over beer mega-merger [View news story]
    Yeah, sometimes real life and investments are different. Keep those beer companies just as they are; financial-industry M&A is something else again!
    Sep 16 10:44 PM | Likes Like |Link to Comment
  • Riding Merck: The Conservative Aggressive Pharmaceutical Stock Of The Year [View article]
    I have been looking at MRK for a while; a long-term holding of my parents and a solid company for decades. Not sure if now is the time to make my purchase, but this is encouraging.
    Sep 16 10:38 PM | Likes Like |Link to Comment
  • Apple Will Collect Fees On Apple Payments, Back Of The Napkin: Could Add Billions To Bottom Line [View article]
    probably true. By the time it gets to me, I will likely not be buying a lot, if I am around at all. I am not the target for this sort of technology, anyway.
    Sep 16 10:29 PM | Likes Like |Link to Comment
  • Apple Will Collect Fees On Apple Payments, Back Of The Napkin: Could Add Billions To Bottom Line [View article]
    I admitted to being an aging boomer; younger folks may be happy with the digital receipts, but they are not always offered for cash, either. Yes, it is a transition, I am on the wrong side, and that is O.K.
    Sep 16 10:27 PM | 1 Like Like |Link to Comment
  • Meredith Corporation: Niche Brands, Strong Local Media Presence And Shareholder Orientation Make This Company Worth Watching [View article]
    Thanks for this article; I had “discovered” MDP a while back when my parents won a cruise from one of their advertising campaigns and then decided that they did not want it; I forget the details, but it was not as sleazy as it sounds in that quick recap—the company was fine with rescinding the offer when my parents could not find a date/realized that they would have to pay taxes. However, I questioned “who are these people?” and found a quite interesting company—and bought shares myself. Sadly, that was not long ago, apparently at a relative high—I currently have a small loss, and was wondering what to do, hold or sell. This article is reassuring—I will hold on and keep watching. Thanks again.
    Sep 16 07:58 AM | Likes Like |Link to Comment
  • Apple Will Collect Fees On Apple Payments, Back Of The Napkin: Could Add Billions To Bottom Line [View article]
    I agree completely, but with their reputation for developing new things that we only find out later that we want, and the ease of use of their products, they should be a major player in designing the customer interface (that others will copy, as Microsoft copied the Mac GUI when creating Windows). I am sure (well, as sure as one can be when not in the loop) that they are negotiating their fees on that basis.
    Sep 14 10:02 AM | Likes Like |Link to Comment
  • Apple Will Collect Fees On Apple Payments, Back Of The Napkin: Could Add Billions To Bottom Line [View article]
    That may be, but I insist on paper receipts. I get annoyed at clerks, baristas, etc., asking “Do you want a receipt?” Of course I do, I just paid for something—especially important when I will be billed later, but also just for keeping track of where my cash went today.
    Sep 12 12:11 PM | Likes Like |Link to Comment
  • Apple Will Collect Fees On Apple Payments, Back Of The Napkin: Could Add Billions To Bottom Line [View article]
    The advantage to merchants is the lack of liability for fraudulent use; not sure how much, if anything, that is worth to them—time will tell.
    Sep 12 12:08 PM | Likes Like |Link to Comment
  • Apple Will Collect Fees On Apple Payments, Back Of The Napkin: Could Add Billions To Bottom Line [View article]
    I agree, as much as I resist using such systems myself—call me a 20th-century person in a 21st century world.
    Sep 11 09:01 AM | Likes Like |Link to Comment
  • Apple Will Collect Fees On Apple Payments, Back Of The Napkin: Could Add Billions To Bottom Line [View article]
    As an aging boomer, I still prefer cash! And as a shareholder I might prefer paying AAPL a credit transaction fee to paying a bank, I still prefer no fees at all for physical purchases. I even found a car-rental agency that gives a cash discount (though one still needs plastic for the reservation).
    Sep 11 01:06 AM | Likes Like |Link to Comment
  • Apple Will Collect Fees On Apple Payments, Back Of The Napkin: Could Add Billions To Bottom Line [View article]
    “Maybe Apple packed too much into one event”
    I wonder—maybe they don’t want folks looking too closely at the fee issue of Apple Pay, want to downplay the possibilities of the system until it gets rolling, keep it a bit out of competitors’ focus until it gets a bit of traction?
    Sep 11 01:03 AM | 1 Like Like |Link to Comment
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630 Comments
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