VP says Chavez up, walking; doubts persist






CARACAS, Venezuela (AP) — Vice President Nicolas Maduro surprised Venezuelans with a Christmas Eve announcement that President Hugo Chavez is up and walking two weeks after cancer surgery in Cuba, but the news did little to ease uncertainty surrounding the leader’s condition.


Sounding giddy, Maduro told state television Venezolana de Television that he had spoken by phone with Chavez for 20 minutes Monday night. It was the first time a top Venezuelan government official had confirmed talking personally with Chavez since the Dec. 11 operation, his fourth cancer surgery since 2011.






“He was in a good mood,” Maduro said. “He was walking, he was exercising.”


Chavez supporters reacted with relief, but the statement inspired more questions, given the sparse information the Venezuelan government has provided so far about the president’s cancer. Chavez has kept secret various details about his illness, including the precise location of the tumors and the type of cancer. His long-term prognosis remains a mystery.


Dr. Michael Pishvaian, an oncologist at Georgetown University’s Lombardi Cancer Center in Washington, said it was an encouraging sign that Chavez was walking, and it indicated he would be able to return to Venezuela relatively soon. But he said the long term outlook remained poor.


“It’s definitely good news. It means that he is on the road to recover fully from the surgery,” Pishvaian said in a telephone interview with The Associated Press. “The overall prognosis is still pretty poor. He likely has a terminal diagnosis with his cancer that has come back.”


Pishvaian and other outside doctors have said that given the details Chavez has provided about his cancer, it is most likely a soft-tissue sarcoma.


Chavez first underwent surgery for an unspecified type of pelvic cancer in Cuba in June 2011 and went back this month after tests had found a return of malignant cells in the same area where tumors were previously removed.


Venezuelan officials said that, following the six-hour surgery two weeks ago, Chavez suffered internal bleeding that was stanched and a respiratory infection that was being treated.


Maduro’s announcement came just hours after Information Minister Ernesto Villegas read a statement saying Chavez was showing “a slight improvement with a progressive trend.”


Dr. Carlos Castro, director of the Colombian League against Cancer, an association that promotes cancer prevention, treatment and education, said Maduro’s announcement was too vague to paint a clear picture of Chavez’s condition.


“It’s possible (that he is walking) because everything is possible,” Castro told AP. “They probably had him sit in up in bed and take two steps.”


“It’s unclear what they mean by exercise. Was it four little steps?” he added. “I think he is still in critical condition.”


Maduro’s near-midnight announcement came just as Venezuelan families were gathering for traditional late Christmas Eve dinners and setting off the usual deafening fireworks that accompany the festivities. There was still little outward reaction on a quiet Christmas morning.


Danny Moreno, a software technician watching her 2-year-old son try out his new tricycle, was among the few people at a Caracas plaza who said she had heard Maduro’s announcement. She said she saw a government Twitter message saying an announcement was coming and her mother rushed to turn on the TV.


“We all said, thank God, he’s okay,” she said, smiling.


Dr. Gustavo Medrano, a lung specialist at the Centro Medico hospital in Caracas, said if Chavez is talking, it suggests he is breathing on his own despite the respiratory infection and is not in intensive care. But Medrano said he remained skeptical about Maduro’s comments and could deduce little from them about Chavez’s prognosis for recovery.


“I have no idea because if it was such a serious, urgent, important operation, and that was 14 days ago, I don’t think he could be walking and exercising after a surgery like that,” Medrano said.


Over the weekend, Chavez’s ally, Bolivian President Evo Morales, made a lightning visit to Cuba that only added to the uncertainty.


Journalists had been summoned to cover his arrival and departure in Havana, but hours later that invitation was canceled. No explanation was given, though it could have been due to confusion over Morales’ itinerary as he apparently arrived later than initially scheduled.


Cuban state media published photos of President Raul Castro receiving Morales at the airport and said he came “to express his support” for Chavez, his close ally, but did not give further details. He left Sunday without making any public comments.


For the second day in a row Tuesday, Morales made no mention of his trip to Cuba during public events in Bolivia.


Yet more questions surround Chavez’s political future, with the surgery coming two months after he won re-election to a six-year term.


If he is unable to continue in office, the Venezuelan Constitution calls for new elections to be held. Chavez has asked his followers to back Maduro, his hand-picked successor, in that event.


Venezuelan officials have said Chavez might not return in time for his Jan. 10 inauguration.


Opposition leaders have argued that the constitution does not allow the president’s swearing-in to be postponed, and say new elections should be called if Chavez is unable to take the oath on time.


But government officials have said the constitution lets the Supreme Court administer the oath of office at any time if the National Assembly is unable to do it Jan. 10 as scheduled.


___


Associated Press writers Peter Orsi in Havana, Vivian Sequera in Caracas, Camilo Hernandez in Bogota, Colombia, and Paola Flores in La Paz, Bolivia, contributed to this report.


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8 Festive Christmas Tumblrs, Presented by Santa Dogs






365 Days of Christmas


Image courtesy of Flickr, nicktakespics


Click here to view this gallery.






[More from Mashable: 10 Holiday Stock Photos That Make Your Christmas Look Normal]


If the endless loop of Wham and Mariah Carey Christmas tunes still hasn’t put you in the holiday mood, let the Internet help.


SEE ALSO: 20 Amazing Christmas Surprises

[More from Mashable: Now and Then: 10 Awesome Past and Present Pics]


We ho, ho, ho‘ed around Tumblr in our digital sleigh to track down eight Christmas-themed Tumblr pages. As if the jolly Tumblrs weren’t enough, we also paired each of our favorites with a dog dressed like Santa Claus — or Santa Paws.


Merry Christmas, Internet!


Image courtesy of Flickr, H.L.I.T.


Click here to view this gallery.


Image courtesy of Flickr, jacilluch


This story originally published on Mashable here.


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Britain’s royal family attends Christmas services






LONDON (AP) — Britain‘s royal family is attending Christmas Day church services — with a few notable absences.


Wearing a turquoise coat and matching hat, Queen Elizabeth II arrived at St. Mary Magdelene Church on her sprawling Sandringham estate in Norfolk. She was accompanied in a Bentley by granddaughters Beatrice and Eugenie.






Her husband, Prince Philip, walked from the house to the church with other members of the royal family.


Three familiar faces were missing from the family outing. Prince William is spending the holiday with his pregnant wife Kate and his in-laws in the southern England village of Bucklebury. Prince Harry is serving with British troops in Afghanistan.


Later Tuesday, the queen will deliver her traditional, pre-recorded Christmas message, which for the first time will be broadcast in 3D.


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Early Childhood Obesity Rates Might Be Slowing Nation-Wide






About one in three children in the U.S. are now overweight, and since the 1980s the number of children who are obese has more than tripled. But a new study of 26.7 million young children from low-income families shows that in this group of kids, the tidal wave of obesity might finally be receding.Being obese as a child not only increases the risk of early-life health problems, such as joint problems, pre-diabetes and social stigmatization, but it also dramatically increases the likelihood of being obese later in life, which can lead to chronic diseases, including cancer, type 2 diabetes and heart disease. Children as young as 2 years of age can be obese–and even extremely obese. Early childhood obesity rates, which bring higher health care costs throughout a kid’s life, have been especially high among lower-income families.”This is the first national study to show that the prevalence of obesity and extreme obesity among young U.S. children may have begun to decline,” the researchers noted in a brief report published online December 25 in JAMA, The Journal of the American Medical Association. (Reports earlier this year suggested that childhood obesity rates were dropping in several U.S. cities.)The study examined rates of obesity (body mass index calculated by age and gender to be in the 95th percentile or higher–for example, a BMI above 20 for a 2-year-old male–compared with reference growth charts) and extreme obesity (BMI of more than 120 percent above that of the 95th percentile of the reference populations) in children ages 2 to 4 in 30 states and the District of Columbia. The researchers, led by Liping Pan, of the Division of Nutrition, Physical Activity and Obesity at the U.S. Centers for Disease Control and Prevention, combed through 12 years of data (1998 to 2010) from the Pediatric Nutritional Surveillance System, which includes information on roughly half of all children on the U.S. who are eligible for federal health care and nutrition assistance.A subtle but important shift in early childhood obesity rates in this low-income population seems to have begun in 2003. Obesity rates increased from 13.05 percent in 1998 to 15.21 percent in 2003. Soon, however, obesity rates began decreasing, reaching 14.94 percent by 2010. Extreme obesity followed a similar pattern, increasing from 1.75 percent to 2.22 percent from 1998 to 2003, but declining to 2.07 percent by 2010.Although these changes might seem small, the number of children involved makes for huge health implications. For example, each drop of just one tenth of a percentage point represents some 26,700 children in the study population alone who are no longer obese or extremely obese. And if these trends are occurring in the rest of the population, the long-term health and cost implications are massive.Public health agencies and the Obama Administration have made battling childhood obesity a priority, although these findings suggest that early childhood obesity rates, at least, were already beginning to decline nearly a decade ago. Some popular prevention strategies include encouraging healthier eating (by reducing intake of highly processed and high-sugar foods and increasing fruit and vegetable consumption) and increased physical activity (both at school and at home).The newly revealed trends “indicate modest recent progress of obesity prevention among young children,” the authors noted. “These finding may have important health implications because of the lifelong health risks of obesity and extreme obesity in early childhood.”


Follow Scientific American on Twitter @SciAm and @SciamBlogs.Visit ScientificAmerican.com for the latest in science, health and technology news.
© 2012 ScientificAmerican.com. All rights reserved.
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China consumers driving economic rebound: survey






BEIJING (Reuters) – China‘s consumers are leading an uneven recovery in the world’s second biggest economy that has retailers expecting stronger sales in six months, early results of a national survey showed on Wednesday.


The China Beige Book survey of more than 2,000 executives revealed that the retail sector had the strongest revenue growth and business expectations in the fourth quarter of 2012.






The survey broadly detected a mild economic recovery with the hard-hit sectors of real estate, mining and manufacturing – to a lesser extent – joining retail at the head of the upswing.


“The revenue growth pickup was notable in luxuries and durable goods – furniture, appliances, and autos,” said the survey, conducted between October 26 and December 2 by New York-based CBB International and based on the U.S. Federal Reserve’s economic report of the same name.


“Retailers’ mood remains quite hopeful, with 72 percent forecasting higher sales in six months, up 4 points on last quarter. A remarkably low 6 percent foresee declines,” it said, adding that 61 percent of retailers reported higher sales in the Q4 survey than in Q3.


The biggest bounces were seen in coastal Guangdong province, Beijing, the northeast and central regions of China – locations which Q3′s survey found had the biggest spending falls.


The retail rebound was not evenly distributed, however, with Shanghai and the southwest region recording falls in spending.


The survey’s findings are reflected in the most recent raft of economic indicators from China, revealing a mild rebound taking hold in Q4, and in policymaker comments.


China’s retail sales grew 14.9 percent year-on-year in November, ahead of the 14.6 percent forecast in a Reuters poll.


China is on course to end 2012 with the slowest full year of growth since 1999 and while the 7.7 percent rate forecast in a benchmark Reuters poll is way above the world’s other major economies, it is far below the roughly 10 percent annual growth seen for most of the last 30 years.


Weakness in the external environment remains a key drag on an economy in which exports generated 31 percent of gross domestic product in 2011, according to World Bank data, and where an estimated 200 million jobs are supported by foreign investment, or in factories producing for overseas markets.


RECOVERING, REBALANCING


The upside to the patchiness of the recovery is that it is being driven by services, which are calibrated more towards domestic demand. Geographic rebalancing away from prosperous coastal areas was also evident in the survey, with firms in the western region recording the highest revenue growth in Q4.


The survey had mixed findings for labor markets, with a 3 point rise to 34 percent in the proportion of firms citing an increased availability of unskilled labor, while 20 percent said shortages had increased.


Some 34 percent of firms increased their workforces in Q4 from Q3. Wage rises were reported by 52 percent of respondents.


Bankers questioned in the survey said credit conditions eased in Q4, but fewer firms borrowed. Meanwhile, banks and firms said loan rejections rose slightly, to 16 percent, and exposure to companies with excess production capacity was cut.


“Few corporate loans went to new customers: three-fifths of bankers say under 20 percent did — an astonishingly small number,” the survey said.


“Most were debt rollovers or loan increases for existing clients. This is not yet a period of strong expansion.”


The China Beige Book survey of face-to-face and telephone interviews compares conditions with the previous quarter and asks respondents to anticipate conditions three and six months ahead.


The survey sample includes executives from manufacturing, retail, service, transport, real estate and construction, farming, and mining. Respondents ran businesses of every size from the micro-level – employing up to 19 staff – to large firms with more than 500 employees. It also canvassed opinions from 160 bank loan officers and branch managers.


A detailed report of the survey’s full findings will be published in early January.


(Reporting by Nick Edwards; Editing by Robert Birsel)


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U.N. General Assembly voices concern for Myanmar’s Muslims






UNITED NATIONS (Reuters) – The U.N. General Assembly expressed serious concern on Monday over violence between Rohingya Muslims and Buddhists in Myanmar and called upon its government to address reports of human rights abuses by some authorities.


The 193-nation General Assembly approved by consensus a non-binding resolution, which Myanmar said last month contained a “litany of sweeping allegations, accuracies of which have yet to be verified.”






Outbreaks of violence between ethnic Rakhine Buddhists and the Rohingyas have killed dozens and displaced thousands since June. Rights groups also have accused Myanmar security forces of killing, raping and arresting Rohingyas after the riots. Myanmar said it exercised “maximum restraint” to quell the violence.


The unanimously adopted U.N. resolution “expressing particular concern about the situation of the Rohingya minority in Rakhine state, urges the government to take action to bring about an improvement in their situation and to protect all their human rights, including their right to a nationality.”


At least 800,000 Muslim Rohingyas live in Rakhine State along the western coast of Myanmar, also known as Burma. But Buddhist Rakhines and other Burmese view them as illegal immigrants from neighboring Bangladesh who deserve neither rights nor sympathy.


The resolution adopted on Monday is identical to one approved last month by the General Assembly’s Third Committee, which focuses on human rights. After that vote, Myanmar’s mission to the United Nations said that it accepted the resolution but objected to the Rohingyas being referred to as a minority.


“There has been no such ethnic group as Rohingya among the ethnic groups of Myanmar,” a representative of Myanmar said at the time. “Despite this fact, the right to citizenship for any member or community has been and will never be denied if they are in line with the law of the land.”


(Reporting By Louis Charbonneau; Editing by Paul Simao)


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First photos of BlackBerry 10 ‘N-Series’ QWERTY smartphone leak









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Former South African president Mandela “much better”: Zuma






JOHANNESBURG (Reuters) – Former South African president and anti-apartheid hero Nelson Mandela is looking much better after more than two weeks in hospital, President Jacob Zuma said on Tuesday.


Zuma, who visited Mandela on Christmas Day, said in a statement that doctors were happy with the progress the elder statesman was making.






“We found him in good spirits. He was happy to have visitors on this special day and is looking much better. The doctors are happy with the progress that he is making,” said Zuma.


The 94-year-old Nobel Peace laureate has been in hospital in Pretoria for more than two weeks after being admitted for routine tests and then undergoing surgery to remove gallstones.


Zuma, who has just been re-elected as president of the ruling African National Congress party, last week described Mandela’s condition as serious. Periodic statements from the presidency continue to stress that the veteran politician is responding to treatment.


No date has been given for his release from hospital. Mandela, who is internationally admired for his struggle against minority white rule, retired from public life in 2004 after serving one term as South Africa‘s first black president.


(Reporting by Sherilee Lakmidas; Editing by Andrew Osborn)


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UCB gets Japan clearance for two new drugs






BRUSSELS (Reuters) – Belgian pharmaceutical company UCB has secured two regulatory clearances in Japan, further cementing its worldwide shift to a new generation of drugs.


The company said in a statement on Tuesday that the Japanese Ministry of Health, Labour and Welfare had approved UCB’s Neupro patch to treat Parkinson’s disease and moderate-to-severe Restleg Legs Syndrome in adults.






Otsuka Pharmaceutical has the exclusive rights for developing and marketing Neupro in Japan, with UCB responsible in all other regions worldwide. Neupro is available in 35 countries.


In a separate statement on Tuesday, UCB said its drug Cimzia had been approved in Japan for treatment of rheumatoid arthritis in adults.


UCB is jointly developing the drug there with Astellas Pharma Inc, with UCB manufacturing it and Astellas managing distribution and sales. UCB said it would receive an unspecified milestone payment from Astellas.


Cimzia is currently being sold in over 30 countries, including the United States and in Europe.


UCB, a central nervous system and immunology specialist, is placing its hopes on three new drugs – Cimzia, Neupro and epilepsy treatment Vimpat – as previous blockbuster Keppra, also for epilepsy, faces patent expiries.


(Reporting by Philip Blenkinsop; editing by Patrick Graham)


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The Web v. Your Financial Planner






My wife and I had been putting off getting a financial planner for at least a year. This was in keeping with our—OK, my—habit of delaying efforts on things that had a Limited Immediate Payoff and were generally considered Good for One’s Future. But after a second child and new jobs for both of us, it seemed time for someone to help us figure out what to do with our money.


I once worked at a personal-finance magazine, albeit writing more about how to spend than how to save, so I felt mildly knowledgeable about what people should do with their money. The gospel of financial planning is pretty commonsensical: Spend less than you earn; save for retirement before your kids’ college costs; invest in low-cost index funds from Vanguard and the like. Leave stockpicking to gamblers, etc.






My time in personal finance also gave me a solid network of friends and former colleagues who could recommend a planner for my own needs. As it turned out, they all recommended the same one. Armed with their unanimous endorsement, my wife and I scheduled an appointment.


I should interrupt here: That dutiful, responsible impulse to seek out a planner was present in both of us, but there was something more self-aggrandizing at work, too. Hiring a planner implies that you have finances sufficient to require planning. While what we sought to do was not purely a luxury—it is, after all, a good idea to have a plan for your money—there was a part of all this that was pleasing and affirmative that we had “made it.”


ff8cf  invest advice  02inline  405 The Web v. Your Financial PlannerPhotograph by Charlie Engman for Bloomberg Businessweek; Graphic by Jessica Hagy


We went to visit our financial planner-to-be and were immediately reassured by the Park Avenue address, a well-appointed waiting room with crown molding, and framed photos and letters from happy, affluent families. To top it off, the planner was a fee-only shop, which meant it earned no commissions from the financial products it recommended. (This is really the only kind of planner you should ever talk to.)


My wife and I had a lengthy conversation with the two owners of the firm and an associate. They asked us roughly 972 questions, which may sound tedious but was actually delightful. First off, the questions were about ourselves, so that’s fun; in this way, financial planning is very much like psychotherapy. Second, we felt that every question brought us one step closer to our sustainable, responsible financial future. It was like the financial equivalent of exercising.


We left the advisers’ offices excited and relieved. Our money would be properly allocated, our investments guided to the most efficient mutual funds, and our spending kept within bounds—all by sensible, highly educated men and women in really, really nice suits. All we had to do was furnish the firm with our most up-to-date financial information and fill out a questionnaire together to assess things like our tolerance for risk.


Oh, and we had to pay them $ 5,000.


The first two steps we addressed swiftly. I got PDFs of banking statements and the like and e-mailed them within a couple of days. My wife and I sat down one evening and went through the 30-page questionnaire, answering questions about what we would do if we bought a stock and it cratered six months later (we answered “c”: do nothing and ride it out) and outlining our financial goals for the future (“not be broke” was our animating principle).


It was the $ 5,000 that was the sticking point. While my wife and I were making good money, $ 5,000 is still a considerable chunk of change. I would often think about it this way: If you added together all our retirement accounts—IRAs, 401(k)s, etc.—we had about $ 200,000 socked away. Now, if the planner’s taking $ 5,000, then the first 2.5 percent that money earned would be replacing what we paid the planner. That seemed like a fairly big ante.


Then I read an article about online financial-planning websites like LearnVest, NestWise, and Plan & Act that offer similar services for far less. I could think of 5,000 reasons to look at the alternatives.
 
 
I signed up with NestWise, which was founded by a Wharton professor. For $ 250, NestWise would match you to one of its 17 advisers. Your adviser would craft a detailed financial plan that you would execute. All we had to do was furnish the firm with our most up-to-date financial information and fill out a questionnaire to assess things like our tolerance for risk.


Sound familiar? That’s what struck me. In practice, this wasn’t terribly different than what Park Avenue was offering. In both cases, all my wife and I were seeking was a road map for our finances: Save X each month in your 401(k)s, set aside this much to grow your emergency fund, and so on. Whether that was done in an office of fine leather and rich mahogany or on my laptop while I, pantsless, ate Hot Cheetos was immaterial.


The first step you take with NestWise is to fill out a “FactFinder”—an omnibus statement of your income, assets, and liabilities. The FactFinder has some neat tricks: If your employer is in NestWise’s database, FactFinder can automatically pull in all the funds available in your company’s 401(k), saving you the chore of entering them manually. The FactFinder goes to a living, breathing financial adviser, who crafts an assessment and action plan. My adviser, who works in Florida, was prompt, courteous, and professional. If I e-mailed him, I got a reply within 24 hours, and most often within just a couple of hours.


I finished my FactFinder on Friday, Nov. 30. On Monday, Dec. 3, I received two documents from my adviser: a financial plan and an action plan. The 23-page financial plan included information like how much I’d be able to spend per month in retirement if I followed the plan’s suggestions ($ 15,273) and what I’d need to save each month to fully fund private out-of-state college for my two kids, aged six and two ($ 1,110).


The action plan was a series of steps we would need to take to meet the goals laid out in the financial plan. Here’s how it broke down:
 
• We should have an emergency fund. Everyone should have a cash cushion in case of crises such as major home repair, health expenses, or unemployment. A rule of thumb is to save the equivalent of at least three months’ expenses. In our case, that would be $ 30,000.
 
• My wife and I can participate in 401(k) plans—my adviser suggested we each contribute the maximum allowable amount ($ 17,500 annually). I should put my money into six of the available funds: five Vanguard index funds (surprise, surprise) and one actively managed emerging-markets fund.
 
• My 401(k) has good fund choices, apparently, and my wife’s doesn’t. But she does have the option to self-direct her 401(k), which would open up her options. She should sign up for that and then our adviser would have fund recommendations.
 
• We can contribute up to $ 5,500 each annually to an IRA. My adviser suggested we do that, too, after first determining if we could, and provided fund recommendations.
 
• Old 401(k)s from our previous employers should be rolled over into IRAs (something we’d been meaning to do anyway).
 
• A fairly simple equation that accounts for our children’s ages, compounded interest, and inflation gave us the amount we should save for in their 529 plans.
 
• I have a $ 1 million life insurance policy, but I should get more—at least another million. My wife should get some life insurance as well—also at least a $ 1 million policy.
 
• We should get long-term disability insurance. My wife should get a will (I already have one), and we both should get living wills and powers of attorney, which you can do online through sites like LegalZoom for $ 69.
 
And that’s pretty much that. Would the Park Avenue planners have provided a plan that was terribly different? I don’t think so, and, more important, I don’t think I’d want them to. What I got from NestWise is a very straightforward, low-cost plan—both in terms of the cost to get it and the recommendations it makes. It avoids risky strategies like picking individual stocks but also recognizes we have a fairly long time horizon and we’re ready to weather some ups and downs in the market.


For some people, a firm like the one I visited on Park Avenue may be ideal. The planners there can help figure out estate planning, trusts, tax strategies. And if you have those kinds of issues, then $ 5,000 is probably not as big a deal to you. But spending five large on advice is a lot of money to me. It’s also probably overkill. I learned something working at that personal-finance magazine—financial advice is partially sold on the myth that we are all like snowflakes, that each of us is unique and we require bespoke financial plans that account for the particular contours of our financial position.


I’m not that special. I’m part of a two-earner household with two young kids, no credit-card debt, a mortgage, and a habit of spending too much on restaurants from time to time. If you know my income, my assets, and my liabilities, it’s not terribly hard to plot out a sensible financial plan for me. Park Avenue was going to charge me 20 times what NestWise did. Was their advice really going to be 20 times better? Probably not.


So if your life details are common, what are you paying for? You’re paying for coaches and cheerleaders. It’s the same reason people join health clubs. After all, if you want to lose weight and get fit, it’s simple: Eat better and exercise more. But not everyone can do that on their own—they need to pay a gym or a trainer for motivation.


What NestWise has done is retain all the things we seek from a financial planner—judgment, guidance, and enthusiasm—and jettisoned the rest to drive costs down. There’s no Park Avenue lease to pay, no crown moldings to dust. It’s another case of the Internet replacing in-person, brick-and-mortar businesses. And who’s to say the price stops at $ 250? What if, for $ 149 or $ 99, I had access to a sophisticated program that made the same recommendations I once got from a human? Would I even know the difference? (This is the personal-finance version of the Turing test.)


Obviously, there will always be people who want a human on the job. But some of us may not need that. The Internet continues to give consumers tools that used to be restricted to professionals. Think about all the ways you can research mutual funds online or find the best credit card or home loan. Online services like NestWise may not provide as much of the handholding as traditional advisers, but many of us may not need it.


It’s not like other industries haven’t already gone through this evolution. Think I’m wrong? Ask a travel agent.


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