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Anyone who's ever sought mental-health treatment knows how quickly the bills for such care can add up, even with insurance. Just what the doctor didn't order: money anxiety on top of whatever else you're facing. Read More »
Take our quiz to see whether you're on track. Read More »
If 84-year-old Bob Sievers of Pacific Palisades, Calif., had his way, Congress would scrap the estate tax altogether when it considers an Obama administration proposal on the future of the controversial tax. As co-owner of a lumber business for 40 years, Sievers built his wealth from scratch and paid taxes on his earnings every step of the way. Read More »
Since Chuck Akre started his fund in 1997, it's had four different names and has been categorized as a value, growth, core, small-cap, and mid-cap fund. Read More »
At the 50,000-student University of Florida, only 50 or so undergrads major in geology. It's not exactly an easy subject. Read More »
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A bill that targets credit card rate hikes and fees is headed for a final showdown in the Senate as key lawmakers negotiate a possible compromise measure. Read More »
Let's say you work in an industry that's been hit hard by the economic downturn, and you're watching competitors downsize left and right. You're pretty sure that layoffs are headed to your place too, and fast. What's your best strategy to keep your job? Read More »
Are you saving enough for retirement? Do you have too much debt? 7 questions in all to find out what you're doing right - and what you can do better. Read More »
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These six metro areas - all with populations of 200,000-plus - have unemployment rates below the national average and a high proportion of professional jobs. Read More »
Question: Whatever happened to the supposed benefit of diversification? I diversified broadly - large- and small-cap index funds, foreign shares, corporate bonds, T-bills, even REITs and TIPs. But everything has gone down dramatically over the past year. Doesn't that kill the theory that diversification will moderate the impact of a downturn and help us grow faster with less risk in the long term Read More »
Kathleen Fuld, wife of the former CEO of now defunct Lehman Brothers, reportedly went shopping at luxury purveyor Hermès not long ago. This in itself is not remarkable. Even though her husband no longer sits atop one of the biggest investment banks in the nation, presumably the couple is not exactly impoverished. Read More »
Question: I have $12,000 I want to invest for the short term. Banks are offering 2% annual percentage yields at best for three-month CDs, but I've seen an ad by a financial institution in my area for a three-month CD that pays 8%. This firm isn't a bank, but it says the CD is FDIC insured. Are you familiar with this type of CD? Do you think it's safe? --David Ankley, Leesburg, Florida Read More »
Question: I've lost a lot of money during this financial mess and I'm wondering when I should go back to putting 15% of my salary into my 401(K)? --Michelle Bonds, Rocky Mount, N.C. Read More »
You're likely to see some more green in the next couple of weeks. Not only on the trees. Very possibly in your wallet, too. Read More »
Like most investments with higher credit risk, the high-yield bond market took a huge hit in 2008 as investors fled to quality. But with the sector recently seeing its deepest discount ever - and even rallying a bit - some say it's time to test the waters again. Read More »
If you look at the most actively traded stocks on any given day, there usually are no major surprises. The biggest, most widely held companies in the news tend to have the biggest trading volume. Read More »
Question: I have about $300,000 to invest. I'm now trying to decide whether I should get professional help and pay a fee of 1% or go to an investment adviser to manage this money. Or, maybe I should or invest it myself using tools and guidance available online. What do you think? -- Shane, Collegeville, Pennsylvania Read More »
Like most investors, Wendy and Doug Kirk were worried about how the stock market was doing last fall. But it was hardly at the forefront of their thoughts: After knowing each other for more than 25 years - they both grew up in Ocean Township, N.J. - and dating for more than three, the couple tied the knot in September. Read More »
There's an old saying that goes, "You make your money in stocks but keep your money in bonds." Read More »
It's one of the first things you learn about stock investing: Diversification reduces your risk. U.S. blue chips, foreign stocks, small-caps, and real estate investment trusts may each have their risks, but they won't all go down at once ... right? Read More »
Walt Disney Co. is hurting as consumer spending remains tight. The world's biggest media conglomerate reported profit declines last month in its major business segments as advertising declined at its ABC network, fewer tourists visited Disney World, and 2008's "Wall-E" remained its last box office hit. Read More »
With the economy mired in deep recession, inflation isn't exactly a top-of-mind concern for most investors. After all, it's hard to see how prices are going to get pushed up when consumers aren't buying anything. Indeed, for many Wall Street economists, deflation seems to be the more immediate concern. Read More »
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