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	<title>Invest with Adam Powell</title>
	<link>http://adampowell.com/invest</link>
	<description>A social approach to finance.</description>
	<lastBuildDate>Wed, 01 Sep 2010 07:43:32 +0000</lastBuildDate>
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		<title>Why is Canada Expensive?</title>
		<description><![CDATA[A few weeks ago, I attended the Academy of Management annual meeting in Montreal, Canada. Having recently written an entry on the prices of goods and services in China, I kept my eyes peeled while traveling in Canada. A subway fare was $2.75, a can of cola was $1.50, and a plate of poutine &#8211; a [...]]]></description>
		<link>http://adampowell.com/invest/?p=262</link>
			</item>
	<item>
		<title>The Cost of Living in China</title>
		<description><![CDATA[
Last year, I went to Germany and compared German and American prices. This year brought me to the Chinese eastern seaboard, where I once again had the opportunity to observe prices. The exchange rate was about 6.8 renminbi to the U.S. dollar, making one renminbi worth approximately 15 cents. The average Shanghaiese earns around $11,000 [...]]]></description>
		<link>http://adampowell.com/invest/?p=251</link>
			</item>
	<item>
		<title>Reducing Unemployment &#8211; The Problem with the Minimum Wage</title>
		<description><![CDATA[The minimum wage in the United States is $7.25 per hour as of 2010. At that rate, a person working 2,000 hours per year (50 weeks of 40 hours) would have an annual income of $14,500. Employers must pay a number of additional taxes for workers. While workers must pay 6.2% of their income for [...]]]></description>
		<link>http://adampowell.com/invest/?p=249</link>
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		<title>Reconsidering the &#8220;Total Market&#8221; ETF</title>
		<description><![CDATA[Despite all of the various people who have advocated investing in the &#8220;total market&#8221; ETF, I think that people should be very cautious about doing so. John Bogle and friends have claimed that the safest way to invest is to just buy an instrument that mirrors the performance of the market. This is a prudent [...]]]></description>
		<link>http://adampowell.com/invest/?p=245</link>
			</item>
	<item>
		<title>Bonds vs. Bond ETFs</title>
		<description><![CDATA[As people become more risk-averse, financial institutions have been rolling out bond exchange traded funds. While these funds serve a certain purpose, bonds are about as similar to bond ETFs as fruit is similar to fruit snacks. Sure, fruit snacks are &#8220;made from real fruit&#8221;, but their nutritional properties sure are different!
What is a bond?
Simply [...]]]></description>
		<link>http://adampowell.com/invest/?p=240</link>
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	<item>
		<title>Negotiation Strategy: Why I Need Several Tailors</title>
		<description><![CDATA[
For the past three years, I have purchased tailored clothing from a tailor that I met in Hong Kong. Each time I purchase from him, it seems like he increases the prices ever so slightly. Given that I have few good alternatives, I have complied. In negotiation class, I learned that one can only strike [...]]]></description>
		<link>http://adampowell.com/invest/?p=237</link>
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		<title>Why I Just Increased my Investment in Goldman Sachs</title>
		<description><![CDATA[
Although Goldman Sachs is currently under civil and criminal investigation, I am convinced that its actions were neither illegal nor unethical. Instead, I find the behavior of Congress to be questionable. After watching the Congressional inquiry, I have increased my investment in Goldman Sachs.
Goldman Sachs is a market maker. Like a bookie at a casino, [...]]]></description>
		<link>http://adampowell.com/invest/?p=235</link>
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		<title>How to Invest in Renminbi</title>
		<description><![CDATA[My analytics reveal that the most popular query that leads people to this blog on Google is &#8220;invest in renminbi&#8220;. Unfortunately, the blog entry that was presented at the top of the search results was merely about currency arbitrage in general, and gave the reader no real guidance on how to invest in renminbi.
The renminbi (人民币 [...]]]></description>
		<link>http://adampowell.com/invest/?p=231</link>
			</item>
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		<title>Make Your IRA Contribution ASAP!</title>
		<description><![CDATA[Tax Day, April 15th, will soon be here. In preparation, it is time to make sure that you have made your 2009 IRA or Roth IRA contribution. The last day you may make a contribution for the 2009 year is April 15th, 2010. After January 1st, 2010, you may also make your contribution for the [...]]]></description>
		<link>http://adampowell.com/invest/?p=227</link>
			</item>
	<item>
		<title>The Future of Media, 2015-2030</title>
		<description><![CDATA[The worlds of print, audio, and video media are in flux. The resources required for companies to be successful in the future world of media will depend on the shape that it ultimately takes. Those who make investments based upon accurate predictions of the future landscape of media will likely have better returns than those [...]]]></description>
		<link>http://adampowell.com/invest/?p=225</link>
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