Tuesday, July 15, 2008

Money

Who isn't thinking about money these days?

If you are a serious investor with cash reserves this will eventually be a time to pick up some bargains, but those may very well be long-term investments that could take three or four years to realize.

Meanwhile, I've pretty much cut expenditures to fixing things that are broken and maintaining services essential to health and business. I just downgraded my membership in a business organization that has delusions of usefulness, and I'm letting some subscriptions lapse.

I was amused to see that the Wall Street Journal has sent out to their longtime subscribers a "special renewal price" offer of $349 a year or $499 for two years. While all over their website is an "introductory" price of $99 a year.

So, if someone lets their subscription lapse for a week and signs up anew, they save $249 a year? The mind boggles.

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