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New Proposed Minimum Wage

I have a very simplistic question about the new proposed minimum wage. The baker makes $5.00 an hour and the loaf of bread he makes cost $1.00. If the bread company is forced to pay the baker $10.00 an hour, does it make sense to think that the cost of the loaf of bread the baker makes will rise to ...
by Bagiocop
Wed Feb 13, 2013 5:41 pm
 
Forum: Personal Consumer Issues
Topic: New Proposed Minimum Wage
Replies: 13
Views: 1124

Simple Portfolio Question [Asset Allocation]

I have a guaranteed amount of money coming in each month from SS and a pension. I do not need to take money out of my portfolio to make ends meet. Does this mean I can be more risky or less risky in my AA? After doing a lot of reading here, I'm still uncertain about this. Thanks for the help.
by Bagiocop
Sat Jan 26, 2013 7:08 pm
 
Forum: Investing - Help with Personal Investments
Topic: Simple Portfolio Question [Asset Allocation]
Replies: 4
Views: 528

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