Today’s bits: The rich live longer; Republicans like Obamacare, $90 billion fund to fire Wall Street

The rich live longer than the poor – Increasing inequality means wealthy Americans can now expect to live up to 15 years longer than their poor counterparts, reports in the British medical journal the Lancet have found. Why is this? Researchers said these disparities appear to be worsened by the American health system itself, which relies on for-profit insurance companies, and is the most expensive in the world.

Republicans like Obamacare – “There are a lot of provisions that are part of the law now that I want to preserve. So if you look at a cross-section of the conference, they have similar positions about similar provisions — preexisting conditions, guarantee issue, and medical underwriting are core components of that … The core provisions here are really important protections.”

A $90 billion pension fund likes index funds – Newly elected North Carolina treasurer is looking to fire Wall Street and move the states pension fund into passive, index funds. If North Carolina had owned a vanilla stock-and-bond index portfolio instead of shifting into alternative assets, it would have earned an additional $20 billion over the past seven years.

9 Things You Aren’t Going to Find in Your FICO Credit Score – Your FICO credit score contains a host of broad information about your financial life, including your credit history, payment history, the amounts you owe, the length of your credit history, any new lines of credit you’ve recently opened and the types of credit you have used.  However, there are many things that are not reflected in your FICO score. The score only contains information proven to be an indicator of future credit performance.
The Simple, Critical Reason Women May Need To Pay More Attention To Their Credit Scores Then Men  “Do you know your FICO score?  It’s a simple question, but it is an important one. Oddly, the way you answer, according to a recent survey, may depend on your gender.”

 

Add Comment