CUSTOMERS FIRST IN RETIREMENT INVESTING
The Department of Labor last week announced new regulations requiring financial retirement advisors and brokers who handle individual retirement and 401(k) accounts to act in the best interests of their clients.
You would think that would go without saying even if not codified in regulations but apparently not. As The New York Times explained:
”...brokers are generally required only to recommend 'suitable' investments, which means, for example, that they can push a more expensive mutual fund that pays a higher commission when an otherwise identical, cheaper fund would have been an equal or better alternative.”
It isn't all good news as only certain retirement accounts are affected not to mention that some expect the new regulations to be challenged in court. Let's say, then, that it's a start.
You can read more here and here.
HOUSEHOLD HACKS WITH BINDER CLIPS
For as long as I can remember I've been a binder clip fan. My three major uses are to keep opened berry and vegetables packages closed in the freezer, keep toothpaste tubes from unfolding (#12 in video) and to hold peripherals cables together behind my computer.
But it's obvious from this video that my imagination for binder clip use is pitifully underdeveloped:
PSYCHEDELIC WASP NESTS
Mattia Menchetti, a biology student at the University of Florence realized that by giving a captive colony of European paper wasps different colored paper, the insects would build their own kaleidoscopic houses.
Wow. Look at what the wasps did with that colored paper:
As the BoredPanda page explains,
”While this experiment was deliberate, unintentional human interference with the insect world has also produced some equally surprising results.
“In 2012 for example, beekeepers in France were amazed to discover that their bees had created green and blue honey. The reason? The unsuspecting insects were using sugar collected from the shells of M&Ms at a nearby waste-processing plant.”
You can see more of the psychedelic wasp nests at BoredPanda.
AN ESCAPE STORY YOU'D ALMOST DIE TO HAVE VIDEO OF
Inky the octopus lived at the National Aquarium of New Zealand, a favorite with the entire country. Until, that is, Inky pulled a Houdini one night by escaping through a small hole in the top of his tank. The New York Times reports:
”Octopus tracks suggest he then scampered eight feet across the floor and slid down a 164-foot-long drainpipe that dropped him into Hawke’s Bay, on the east coast of North Island, according to reports in New Zealand’s news media...
“The aquarium’s manager, Rob Yarrall, told Radio New Zealand that employees had searched the aquarium’s pipes after discovering Inky’s trail, to no avail.
“The escape happened several months ago, but it only recently came to light. 'He managed to make his way to one of the drain holes that go back to the ocean, and off he went, Mr. Yarrall said. 'Didn’t even leave us a message.'”
Hurray for Inky, I say. Here's a photo of him before he escaped:
GENERIC PRESIDENTIAL CANDIDATE
Most candidates for public office do everything, say anything at all to appeal to the largest number of voters possible, making them as bland as Wonderbread.
Of course, with such candidates as Donald Trump, Ted Cruz and Bernie Sanders this year, that age-old strategy doesn't apply but that doesn't make this video any less ironic and funny.
JOHN OLIVER ON THE RAUNCHY ALABAMA SEX SCANDAL
Usually in this space, I post the most recent video essay from John Oliver's HBO program, Last Week Tonight. But I already did that a couple of days ago (you can see it here).
So today, let's get the John Oliver slant on the amazing, expanding scandal at the top echelons of Alabama government in his short essay from last Sunday.
KILLER OF KITTY GENOVESE DIES IN PRISON
Young people may not know her name but it is embedded in the mind of our generation because Kitty Genovese, who was raped and murdered in New York City in 1964, became an enduring symbol of urban apathy.
Although she screamed and screamed and screamed and people heard her, lights went on in the neighborhood but not one called the police.
Her killer, Winston Moseley, died a couple of weeks ago at age 81 in the Dannemora, New York prison. Here is an interview with Ms. Genovese's roommate:
You can read more here.
SECRETS BEHIND FAMILIAR CANDY TREATS
Did you know?
”The Tootsie Roll was a heat-safe chocolate that held up well all year round. Among the many candies appearing in the rations of World War II soldiers, it was so durable and dependable, soldiers used 'Tootsie Roll' as another name for bullets.”
Milk Duds were created in Chicago in the 1920s but the company was having trouble coming up with a good marketing name:
”...how do you give zing to a candy you intended to be a perfectly round chocolate-covered caramel ball that sagged and dented? It wasn’t a ball. It was a dud. And that’s when someone in the company came up with a great idea.
“'Let’s call it 'Milk Chocolate Duds! Too long? OK, then just Milk Duds!' It’s too bad that person’s identity has been lost in the annals of history. It was the first and only time, as far as I know, that a candy was named for its liability.”
You can read about the beginnings of more of our childhood candies at Salon where the story is excerpted from the new book, Sweet as Sin By Susan Benjamin.
ONE OF THE SWEETEST ANIMAL VIDEOS
That's what Cathy Johnson wrote in her email with the link to this video. The YouTube page explains:
”Following winters in Africa, storks have been returning to their summer residences in Croatia every spring since ancient times. They weave their nests in close proximity to rivers, swamps and lakes, whose natural wealth guarantee the survival of their offspring.
“However, there are also many hunters in these locals. 18 years ago, a bullet found its way to the wing of a stork just before its first departure for Africa. The wounded bird was saved from sure death by a fisherman who took the bird home with him.”
Interesting Stuff is a weekly listing of short takes and links to web items that have caught my attention; some related to aging and some not, some useful and others just for fun.
You are all encouraged to submit items for inclusion. Just click “Contact” in the at the top of any Time Goes By page to send them. I'm sorry that I won't have time to acknowledge receipt and there is no guarantee of publication. But when I do include them, you will be credited and I will link to your blog IF you include the name of the blog and its URL.