Copyright © 2007 Ed BagleyTwo seemingly unrelated stories caught my attention yesterday. One was about corporations stockpiling cash and the other was about consumer savings rates.Some American corporations really know how to sock it away.ExxonMobil ended its 2006 first quarter with $36.5 billion (not million, but billion) cash in hand, according to USA Today, giving the world’s No. 1 oil company more cash than any company in the USA.Could you even imagine having $36.5 billion in your savings or retirement account? That is a lot of moolah, or serious money for people in the know.Microsoft was close behind with $34.8 billion in cash. Microsoft’s savings were even more significant when you remember that Microsoft paid a $32 billion one-time dividend in 2004 after starting an annual dividend program in 2003.Johnson & Johnson was a distant third with $17.2 billion, but even $17.2 billion is a staggering figure.Industrial companies in the Standard & Poor’s 500 had stuffed their corporate piggy banks with $642.7 billion by June of 2006. Imagine just the interest a company generates on its retained earnings. ExxonMobil earned $946 million in 2005.The savings rates of consumers are just the opposite.In 2005 personal savings rates of consumers moved into […]
Full Article At: KnowHow-Now.com Articles
Not only is scrapbooking a fun hobby and a great way to save and display your own personal family photos, you0ll find that scrapbooking makes perfect gifts for friends and family. Since scrapbooks are personal items, you may not find them suitable for acquaintances, unless you are creating custom scrapbooks for another person. For example, someone in your work place may ask you to create a scrapbook for someone who is retiring. You0ll be amazed how once people find out about your talent and passion for scrapbooking, that everyone will want one. But in general, you0ll find that creating scrapbook gifts for your parents, siblings, children, and close friends is an excellent gift and one that is greatly appreciated.
One of the fun parts of creating scrapbooking gifts are in gathering resources and research. This is one project that you can0t expect to complete on your own. A close accomplice is essential. You0ll have to brush up on your sleuthing skills and take out your detective cap as you whisk photos away from your intended recipients. With a computer and scanner, you can copy photos without anyone ever noticing and have the perfect images […]
Full Article At: KnowHow-Now.com Articles
