Personal Finance Seminar | July 31, 2013
BY Amy Allen
Tom Pombo and some of the brave souls who attended the Personal Finance Seminar.
On June 19, a brave coalition of ECCers gathered at the HarperCollins offices to be financially enlightened by Thomas Pombo, business manager at Harper. Tom covered the basics of budgeting, investing, and maximizing your company-provided benefits in order to “survive on a publishing salary.” The good news: it can be done! A highlight of the talk was Tom cleverly explaining stocks by comparing them to book publishing. Let’s say a stock is equivalent to a book. Then a mutual fund is like an imprint (a bundle of stocks) — and an index fund is like the top-performing five titles at the house, regardless of imprint. It was a fascinating and demystifying presentation of information that’s often overwhelming. Thanks so much, Tom!
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