Business Publication Assignment #2

"Should you Roth?"

http://www.businessweek.com/magazine/content/09_44/b4153069930004.htm

I love reading articles about retirement planning as that is what I hope to be doing someday. This article is especially helpful for me as I happen to be debating the usefulness of the Roth to my mom, as she approaches retirement. I was unaware of the lift in restrictions in 2010, this is something I would like to read more about and will pay attention to in the future. I like all the different possibilities and options that they present for people and their situations and how to go about solving them. I think that is something that lures me in, as you can have endless situations and have multiple strategies to come out on top if you really discuss the numbers, as they displayed in the article.

"Watchdog Fights Service Stations Buy"

http://www.theaustralian.com.au/watchdog-fights-buy-up-of-service-stations/story-e6frg8zx-1225806330658

This article opened my eyes a bit about business policy in other countries. I was unaware that Australia did not already have similar laws to that of the US for anti-competitor pricing. This is a real life example of why that law is in place and how detrimental situations can be without it. I hope for their sake, they put in place a law before that deal is settled. Having prices controlled by the companies, rather than by supply and demand can and will most likely create economic havoc that can fall out later once undone.

"Credit Card Rates Soar Just Before Shopping Season"

http://www.denverpost.com/money/ci_13837338

Being interested in personal finance, and planning for others, credit card debt is a topic that will be brought up everywhere. What amazes me is how sneaky banks have been and it really opens your eyes to really watch every penny closely to make sure it goes where it is suppose to. This isn't news to me, but I am very curious as to how the new law will effect this. The article states that many people are being affected it is usually the people the banks need most. It is unfortunate because that won't really help the banks out much if the people who are usually late close their accounts. I agree with the article when it states that a lack of trust is driving the cycle of banks and consumers acting out. Unfortunately, there is no easy solution, accept for closing your account or paying off your balance in full each month, which may not be easy for most at all.