Newsletter Archive

Marotta On Money - December 12 Newsletter

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Economics

Economic Lessons from Farmville (12-12-2011)

Because I've loved games all my life, I am very careful about which games I choose to spend time on. To interest me, a game must have a simple but thought-provoking premise that allows for deep strategy. I'd never played Farmville but decided to recently because the parent company, Zynga, is going public this Thursday, December 15, 2011. Farmville is more socially addicting than strategic, which offers its own lessons to be learned. Zynga was already the leading Facebook platform developer when it launched Farmville in June 2009. The idea was not original, but Zynga implemented it better and advertised it more than other companies.
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Upcoming Events

12/15

Be sure you have taken your Required Minimum Distributions from your IRA accounts

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12/21

First day of Winter

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In The News

Questions Worth Asking on Marotta On Money

Check out Marotta On Money for December's theme: Questions Worth Asking.

This month we will be looking at answers to this question in particular: What is one of your favorite things that you've been able to do with your money?

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Scrooge's Nephew Fred Is a Traveler (12-17-2007)

Every December I reread "A Christmas Carol" by Charles Dickens. Ebenezer Scrooge's nephew Fred is the character young people most easily relate to. He is young himself, carefree, in love and enjoying life with his friends. He has a "traveler" personality. In his description of financial personalities in his book "Why Smart People Do Stupid Things with Money," Bert Whitehead describes a "traveler" as someone who would rather spend money on experience than things. Whitehead maps financial personality on two different scales. The first measures people's tendency toward greed or fear.
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christmas carol

Dickens' "A Christmas Carol"