December 27, 2013 |
Guess how many Americans correctly answered this basic financial question: Is the stock of a single company usually safer than a mutual fund? A) 100% B) 80% C) 60% D) None of the above. The right answer is D. Barely 1 in 2 people knew that a single stock is not safer than a mutual fund, which holds many stocks. The question, included in a survey by a pair of college professors, underscores a fundamental problem facing millions of Americans. At a time when the world of personal finance is increasingly complex - and when people are more responsible than ever for their own financial future - Americans' understanding of basic concepts is sorely lacking.
CALIFORNIA | LOCAL
December 21, 2013 |
REDLANDS - Reading books like "Clifford the Big Red Dog" was a chance for 11-year-old Tifaha Farha to bond with her mother, Salwa. Not only did it improve Tifaha's reading skills at Bryn Mawr Elementary School, it taught her mother something as well. "She helps me with my reading because it wasn't that good," said Salwa Farha, who acknowledges that her heavy Arabic accent can be a challenge for her children as well when speaking English. "Now, she can help me with her [younger] brothers and sisters.
CALIFORNIA | LOCAL
July 29, 2013 |
At 8 a.m., the energy was already rising at a gathering in the affluent community of La Verne, nestled beneath the San Gabriel Valley foothills. Nearly 80 boys sang, cheered and chanted as participants shared inspirational readings, gave selected shout-outs and led a visualization to "breathe in love. " The feel-good assembly was Los Angeles County's latest initiative to improve the literacy skills of its juvenile offenders - in this case, teenagers convicted of robbery, assault, rape and other crimes who are serving time at Camp Afflerbaugh probation camp.
June 15, 2013 |
Carlos Guardado keeps a box in his bedroom filled to the brim with books. His collection of page-turners counts among the 12-year-old's prized possessions. "I can't be separated from them," Carlos said, smiling, his eyes bright. He listens to jazz as he reads, a tactic he learned from his English teacher at the UCLA Community School in Koreatown, where teachers acknowledge him as one of the highest-achieving students in his class. Carlos comes from a Spanish-speaking household and devours English-language books for a reason.
April 30, 2013 |
The organizers of the LéaLA Spanish-language book fair want to make the annual event in Los Angeles one of the biggest book gatherings in the United States. The schedule announced Tuesday for this year's event makes the organizers' ambitions clear: They want it to be a literary event with gravitas, but also one that draws the Spanish-speaking masses. There will be rock and rollers, writers in English, publishing houses from as far away as Buenos Aires and Madrid, and lots of events for kids, said LeaLA director Marisol Schulz . A former book editor whose writers included the late Carlos Fuentes, Schulz said the fair expects to draw 100,000 people to the three-day event at the Los Angeles Convention Center from May 17-19.
April 12, 2013 |
Otherwild in Echo Park will be hosting a L.A. Food Swap event on April 28 where Angelenos can trade homemade, homegrown and foraged foods with each other. Community members are invited to come swap baked goods, preserves, fruits and vegetables, spices, condiments, beverages and more from 2 to 4 p.m. Swappers interested in attending must pre-register online and follow the L.A. Food Swap terms and conditions. 1932 Echo Park Ave., Los Angeles, www.lafoodswap.com . ALSO: Jonathan Gold quiz: Flowers 'Vegetable Literacy' by Deborah Madison Mashed potatoes 101 ... and 7 recipes