Arley, I don't know if you are interested in stock tips or not...but judging from what you describe as your investment philosophy, you might be interested in Leggett & Platt. Take that as a suggestion for further research, not a recommendation to buy. I'd be interested to know what you thought about them. They've got a strong historical dividend record and a sensible acquisition strategy. They're probably already on your radar, but if not...
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12:10:01 AM #
E.D.S. Pays Ousted Chief $37.4 Million. Electronic Data Systems will give $37.4 million in cash, stock and other severance compensation to its former chief executive, Richard H. Brown. By Bloomberg News. [New York Times: Technology]
This is just sickening...
12:09:35 AM #
Insurance May Not Ensure a Home's Replacement. Many homeowners are under the mistaken impression that insurance will pay the full cost of replacement if their houses sustain extensive damage from fire or other causes. By Susan B. Garland. [New York Times: Business]
People are always amazed when I tell them this...check to make sure your policies have the "Replacement Cost" endorsement on them and don't just give you "Actual Cash Value" if this is an issue for you. Make sure your agent can explain both those terms in a way you understand or find a new one.
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