05.11.2011., subota



Pension Plan Investing

pension plan investing

    pension plan
  • a plan for setting aside money to be spent after retirement

  • In general, a pension is an arrangement to provide people with an income when they are no longer earning a regular income from employment. Pensions should not be confused with severance pay; the former is paid in regular installments, while the latter is paid in one lump sum.

  • (Pension Plans) Pension plans are typically set up as a trust, with the employer as settlor, and the employees and their dependents as beneficiaries.    Back to top

  • Buy (something) whose usefulness will repay the cost

  • the act of investing; laying out money or capital in an enterprise with the expectation of profit

  • (invest) endow: give qualities or abilities to

  • Expend money with the expectation of achieving a profit or material result by putting it into financial schemes, shares, or property, or by using it to develop a commercial venture

  • Devote (one's time, effort, or energy) to a particular undertaking with the expectation of a worthwhile result

  • (invest) make an investment; "Put money into bonds"

Evander Holyfield's "Comeback Of The Century" PPV Show All Hype Or The Real Deal

Evander Holyfield's

Evander Holyfield's "Comeback Of The Century" PPV Show All Hype Or The Real Deal by Laz Izada

ATLANTIC CITY-JUNE 1: Evander Holyfield waits in his corner during the heavyweight title fight against Hasim Rahman at the Boardwalk Hall in Atlantic City, New Jersey on June 1, 2002. The fight was stopped after the 8th round in Holyfield's favor, after Rahman sustained a broken blood vessel on his forehead due to a headbutt. ( Photo by Al Bello/Getty Images ) Evander Holyfield

Yes, you've heard it right. "Don't miss the comeback of the century," proclaims Ark Promotions' new press release circulating boxing internet websites.

Ark Promotions is the promotional outfit that is bringing back from the dead a matchup between 48-year old former heavyweight champion Evander "The Real Deal" Holyfield (43-10-2, 28 KO's) against journeyman 38-year old Sherman "Tank" Williams (34-11-2, 19 KO's) taking place this coming Saturday night, Jan. 22, on pay-per view.

This bout between the two over-the-hill fighters had previously been scheduled and canceled three times in Detroit's Joe Louis Arena, Nov. 5 and 12 and Dec 9. Low ticket sales and not having a TV contract were the major factors in the cancellations.

Now all that is behind us with a per-per view contract and a catchy slogan (from Don King's playbook): "Redemption In America: The Journey Begins Now" for Holyfield, according to Ark Promotions.

Ticket sales aren't a problem anymore, either, as Ark Promotions proclaims in their press release that "Due to overwhelming demand, a limited number of additional Standard Packages have been made available."

A hotel fight weekend combination at The Greenbrier Resort in West Virginia, starting at $1,150 a pop "based on double occupancy". Oh, I forget to mention that there are single event tickets if you are not interested in spending the night going for only $500, mentions Ark Promotions in the press release. Yes, only $500, not $50. The $500 figure is not a miss print.

If the fight is not canceled again and actually takes place this Saturday night, and if Holyfield wins, his "Comeback Of The Century" senior tour will continue. His next opponent in Denmark March 5 will be 45-plus-year-old veteran Brian Nielsen, who hasn't fought since 2002.

If that fight takes place and Holyfield wins again, the "Comeback Of The Century" tour will really make some noise, as WBC President Jose Sulaiman has agreed verbally that Holyfield would fight Vitali Klitschko for the WBC Heavyweight championship.

Holyfield claims that he will not stop fighting "until he is undisputed heavyweight champion of the world".

Then afterwards, if Holyfield defeats Vitali, he could probably make his first defense against other recent senior tour entrants Ray Mercer and Tommy Morrison, who have scheduled separate bouts Feb. 25th in Montreal, Canada. There is word out there that Bert Cooper may also be making a return.

All kidding aside, this situation must be addressed. There is nothing wrong with trying to make a living at any age; I would just hope that some authority or the Boxing Promoters Association, which met January 10th, and Oscar De La Hoya, who is scheduled to meet with Senator John McCain, would address this issue that is hurting the sport.

I feel boxers should have some type of pension or savings/investing plan so they don't have to be fighting in their forties. Boxing associations should also adopt a mandatory retirement age of forty. Amateur boxing has a retirement age of 34.

I personally feel sad for boxers past their prime trying to make a living and promoters hyping their fights.

How do you feel ?

U.S. Department of Homeland Stupidity

U.S. Department of Homeland Stupidity

No trip to the U.S. by a foreign visitor can be completed without a jab towrds the U.S. Customs and Border Protection (CBP) and the U.S. Department of Homeland Stupidity. What? You meant it's called Homeland Security?

If you don't want to read the whole thing, just read the italic part.

This is what actually happened to me on 2009-11-28 at around 11 P.M. at the Niagara Falls or Fort Erie border control (I couldn't tell where we were, I didn't have a window seat).

Immigration officer Mr. Stupidly-Rude: What is the purpose of your visit to the States?

Me: To visit my brother and do some sightseeing.

Mr. Stupidly-Rude: Where does he [my brother] live?

Me: Tarrytown, White Plains.

Mr. Stupidly-Rude: What's his address?

Me: 177 XX Road, Apartment XX, Tarrytown.

Mr. Stupidly-Rude: What do you do in Toronto?

Me: I work for a pension plan.

Mr. Stupidly-Rude: Say what?

Me (louder): A pension plan.

Mr. Stupidly-Rude: Which one?

Me: XX Pension Plan (FYI: it's one of the largest in North America).

Mr. Stupidly-Rude: What accounts do you maintain?

Me: What do you mean by... what accounts??

Mr. Stupidly-Rude [in a sreaming voice]: I MEANT, DO YOU MAINTAIN AN ACCOUNT FOR AL-QAEDA OR SOMEONE NAMED OSAMA BIN LADEN?! Understand it now? [No, he wasn't joking.]

Me [speechlessly shocked and insulted]: In my head I was thinking: Well, I don't, but you guys should check to see if Bank(uptcy) of America, Shittybank NA, or Craze Manhattan Bank financed Suddam Hussein and Bin Laden when America USED TO BE FRIENDS with them 25 years ago. Alas, but I do need to take my mom, uncle and aunt to New York, so I muttered: No, I don't invest for Al-Qaeda.

Does that obese, rude and stupid border guard seriously think that a Bin Laden collaborator would answer Yes to his inquiry? This is what the U.S. calls Homeland Security eh?

GOD BLESS AMERICA indeed! No wonder they ask for God's help in all matters!


pension plan investing

See also:

foreign direct investment companies

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african american investment

foreign direct investment advantages

investing in the stock market 2011

samsung venture investment corporation

foreign direct investment in latin

relationship between interest rate and investment

alternative investment conferences

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