We should all be alert to what happens to employees at
DuPont and Dow as the two leading chemical corporations
as they process their merger and carve outs forming new
entities. We may not be directly involved but it adds to
what technical professionals will face more of in our future
Jacob Bunge wrote that 1700 job cuts will happen in
Delaware to DuPont (see also Morningstar source) which
will flood the market with outstanding talented scientists
and engineers. It can be traumatic for each person directly
or indirectly affected. It is a message that there is no “safe
harbor” and job security is the knowledge that you can obtain
another desirable position if your current one is in jeopardy.
It can also mean that you are given some time to evaluate your
options and pursue your personal and career goals.
SOURCE: A. Tergesen, WSJ1-2-16, “Target date
funds must rethink bonds“
There are a number of comments to this article that describes
how bond components of target date mutual funds might be
overweighted. This impacts retirees, the author emphasizes.
Target date mutual funds one commenter points out is a marketing
tool for those needing investment advice in making investment
choices mostly in tax advantaged funds.
Another pointed out the benefits of target date funds are
risk management and “diversification” with a projection
of lower price. Because all managers “race” for yields
risk has been sacrificed. Conditions have shifted so assumptions
about return projections and costs have changed. There is no
prescription for those who have invested in target date funds,
but it does indicate another risk factor, not in the prospectus that
nearly no one reads.
SOURCE: A. Sklover, 1-6-16, “16 Questions for joining a
There are several things Al Sklover brings up in this
article about joining a start up company to aid in decisions
about joining and negotiating what things you and other
employees, founders, advisers and consultants should share.
The way it is done is classic-Sklover, tell a story and its
outcome and offer salient principles, actions and resources.