Dagen McDowell
Dagen McDowell
Dagen McDowell joined the FOX Business Network as an anchor in September, 2007. Since 2003,
McDowell served as a business correspondent for the FOX News Channel (FNC) where she was a regular guest on Your World with
Neil Cavuto. She has also been a recurring guest on Cashin' In, appearing on the program initially as a contributor when it
debuted in May 2001.
Before entering broadcast news, McDowell wrote a personal finance column for TheStreet.com called "Dear Dagen." In addition,
she has also worked for SmartMoney magazine and SmartMoney.com.
McDowell began her career as a financial journalist at the Institutional Investor's newsletter division. A native of Virginia,
she is a graduate of Wake Forest University.
What was your first job?
Before becoming a financial journalist over a decade ago, I lived in Colorado after college. Two of my many jobs: pulling
weeds for a landscaper and selling beverages on a golf course.
Are you a spender or a saver?
Recovering spender. Emerging saver.
What was the one thing you regret buying?
I have a few items of clothing in my closet with the tags still on them.
What was your biggest money indulgence?
Luxurious hotel rooms when on vacation.
What was the best money advice you received?
How much you pay in fees is the one constant you can count on when investing. Low-cost investments win out in the long run.
FOX Translator
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Most folks judge the health of a business by the revenue that comes in through sales. But not all revenue is equal. Companies can grow their sales by buying other companies, which means you don't get a clear view of how the real sales trends are moving.
So, many analysts, particularly those who look at retail, try to gauge what¿s known as "organic" growth, by looking at same-store sales. These are sales only at outlets open more than a year, so the metric can exclude any sales jump that comes from opening new locations. Retailers release same-store sales (which are frequently called "comps" since they're a true comparison from the previous period) every month.
Retail, incidentally, isn't the only industry to look at same-store sales. Hospital companies, also use the metric, to gauge how existing hospitals are performing compared to ones they just built or acquired.
