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Biz bits

By Wire services
Published September 21, 2003

- Mutual funds were created to give small investors a chance to invest cheaply and efficiently. But Forbes says in its semiannual mutual fund guide that "The system doesn't work." The fund business is "shortsighted, poorly governed, weak on disclosure and riddled with conflict of interest," says the magazine, which rates and ranks 775 funds. Forbes advises investors to pay close attention to their fund investments.

- If your resume isn't getting results, try organizing it differently. A Boston job search company suggests emphasizing ways you could help a potential employer rather than promoting where you went to school. Executives at ClearRock say competency-based resumes are more eye-catching and stand a better chance of being screened for a fit between candidates and job openings.

- Nearly three in four teens plan to work this school year, but saving and investing isn't what many have in mind. Half or more of teens surveyed in a Junior Achievement/Harris Interactive Poll said they would spend the money they earn or entertainment or clothes.

- A simple "thank you" from a boss can mean a lot to employees. But those words can be hard to come by in the workplace. A Maritz Poll finds that only 10 percent of employees say they have supervisors who thank them daily for a job well done.

- With Christmas three months away, consumer budget site BillSaver.com suggests starting to plan for sensible holiday shopping. Starting now to save $35 a week would yield nearly $500 for holiday expenditures, BillSaver.com says.

[Last modified September 21, 2003, 02:03:13]

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