Locally grown. Locally
sourced. These days it is all about going local. But what about
investing? Can a portfolio be locally sourced? Is it a good idea?
want to start a business, but donít have the start-up money or the
collateral to ask the bank for a loan? And you donít want to ask
friends or family? Do the next best thing ó ask a stranger.
for your retirement
retirement plan on track? How do you know? According to a survey by
Employee Benefit Research Institute, 60 percent of Americans arenít
sure theyíre on track to retire successfully. Unfortunately, many
of them may be right.
credit card companies and financial institutions are becoming
smarter about protecting peopleís personal information online,
credit card fraud and identity theft are still very real threats.
and managing money
millennials have been labeled with negative stereotypes like
materialistic and entitled, the reality is that crippling debt and
lack of employment opportunities have significantly impacted this
generationís financial future.
this. Youíve been invited to a meeting; when you get there you
realize itís the first meeting after your own death. You canít
say anything. You can only observe. What do you see? Is your family
celebrating your life or are they sitting there helpless not knowing
what to do or whom to trust."
the hot seat
an aspiring entrepreneur seeking money from angel investors, youíd
better be prepared with a snappy pitch to get their attention.
Great Recession becoming a distant bad memory, people are once again
thinking about the future ≠ó including retirement planning.
But the recent economic
setbacks have left many wary of the market and the security of their
comes to wealth management, there are several ways good intentions
can go awry. Our panel of experts outlines five common mistakes and
advises how to avoid them. Knowledge is power, and in this case, itís
up in Glendale with six siblings in a single-parent household, the
Bendfeldt sisters learned to be resourceful at an early age.
"We were forced to
be MacGyvers," says Amy Bendfeldt Barnum. "If there was
something we wanted, we had to get creative."
employment in todayís marketplace depends on the ability to offer
relevant skills, especially those considered "nonroutine
analytical," says Dennis Winters, chief economist for the
Wisconsin Department of Workforce Development.
us have financial goals, whether it is to retire at a reasonable
age, fund our childrenís education, do some traveling or simply
manage debt. While overall plans havenít changed, peopleís
attitudes have gone through a period of adjustment ó and thatís
occurring across all age groups, local industry experts say.
Frank Sr.: Manage spending at any age 11-09-15
You save and save and
save for retirement, trying to tune out those escalating estimates
of what you need to never run out of money. Conventional wisdom
blathers that in retirement you spend only 75 percent of your
current expenses, anyway. Think again. Hereís why.
credit cards could slow holiday shopping 11-09-15
As the calendar flips to
November and visions of Black Friday dance in their heads, holiday
shoppers using new, more secure chip credit and debit cards will be
learning a new checkout procedure.
Started: Tips for finding an apartment you can afford 11-09-15
If youíre a renter
looking for an affordable apartment, youíve got your work cut out
for you. In
a recent survey by Rent.com, an apartment listing website, 88
percent of property managers said rents increased over the last 12
parents face college-debt crunch 11-02-15
SEATTLE ó Higher
education is a priority for this tight-knit Maple Valley family.
Walter Lowe and his
wife, Annerose Lowe, are determined to help their five children earn
college degrees and start their careers without taking on mounds of
MarksJarvis: Working during college doesnít always pay, study says
There was a time when
students could work their way through college and end up with a
four-year degree and no debt. But not anymore.
Tompor: Scam artists dial for dollars by threatening jail time 10-26-15
A ringing phone too often
is just one more sign of a scam. Uh oh, who is it now? The IRS
demanding cash on the spot?
Journey: Civic engagement can help boomers find their 2nd act 10-26-15
During a long career in
the arts after graduating from Dartmouth College, Jim OíConnell
worked in New York, Phoenix, Des Moines and, finally, Wausau, Wis.,
a county seat near the center of the Dairy State with a population
of about 39,000 and several other small cities nearby.
finds post-recession skepticism still endures about markets 10-26-15
While the recovery
following the Great Recession has for many Americans been painfully
slow, a recent study has identified a group of Gen Xers and baby
boomers who are still nursing financial and emotional wounds.
Tompor: New rules to make shopping for a mortgage less clunky 10-19-15
for a new home now? Or planning to go house hunting this
spring? Youíll want to pay attention to some new
mortgage disclosures that rolled onto the scene
beginning in O
Journey: Survey reveals knowledge gap about claiming Social Security
adults flunked several questions about Social Security in a new
survey, but the toughest ones werenít even on the test.
MarksJarvis: US should have prosecuted individuals after collapse,
says Bernanke 10-19-15
Federal Reserve Chairman Ben Bernanke knows Americans have not
forgiven him for the Wall Street bailout that saw greed in financial
company executive suites go unpunished while regular people lost
their homes, jobs and nest eggs in the financial crisis of 2008.
Tompor: New rules to make shopping for a mortgage less clunky 10-12-15
Shopping for a new home
now? Or planning to go house hunting this spring? Youíll want to
pay attention to some new mortgage disclosures that rolled onto the
scene beginning in October.
Started: What new mortgage rules mean for first-time homebuyers 10-12-15
One of the most daunting
parts of buying a home is wading through the reams of paperwork that
come with securing a mortgage. But the process just got a little
on gasoline being spent elsewhere, report says 10-12-15
The drop in gasoline
prices since 2014 will save the average U.S. household $700 in 2015,
according to a new report.
MarksJarvis: That losing fund in your 401(k) may be worth keeping 10-12-15
Q: Iím thinking of
rolling my 401(k) from Fidelity into Vanguard funds. I have lost
money, but I feel that my Vanguard funds have not lost as much as my
Fidelity funds. Should I stay the course with Fidelity or do the
rollover into Vanguard?
parents offer their retirement savings to pay for childrenís
PITTSBURGH ó Pittsburgh
financial adviser Robert Hapanowicz said his firm has had several
clients who put a higher value on their childís education than on
their own retirement savings.
for childrenís college drops off parentsí to-do list 10-05-15
SEATTLE ó Joel and Lisa
Hamilton have steady jobs, a suburban home and three lively
daughters that they worked very hard to bring into the world.
MarksJarvis: Investment envelopes likely to arrive filled with red
Beware of the mail thatís
arriving from your 401(k) or other investment accounts.
If you open it, red ink
is likely to pour out of the envelope and may soil your view of your
MarksJarvis: Student loan borrowers have options 09-28-15
Millions of Americans are
needlessly making suffocating payments on their student loans and
others are shooting themselves in the foot by ducking their payment
Nguyen: How to inherit wisely 09-28-15
Inheriting $1 million may
sound like a blessing. But most people who receive an inheritance
experience confusion, anger, sadness or some combination of the
three, according to the Financial Planning Association.
Journey: Retirees brace for hardship as multi-employer pension cuts
Of all the negative
financial surprises that can hit in retirement, learning a
"guaranteed" pension could be severely cut is among the
Journey: Tips to help teachers with retirement planning 09-21-15
As teachers head back to
class this fall, they may want to brush up on their own retirement
report this year by the National Council on Teacher Quality found
some grim financial statistics behind the $499 billion teacher
pension system debt:
Tompor: Tweetable tips turn into real college savings 09-21-15
The fun thing about
scanning a stream of tweets is that youíre bound to spot something
that you didnít know. Some quick fact or news tidbit pops up and
gives you a clue into the bigger picture.
pay and long, pricey commute often go hand in hand 09-21-15
SEATTLE ó Simon Nakhale
remembers the night his 20-year-old son, Leo, walked nearly three
hours because he had missed the last bus home.
MarksJarvis: Nervous? Hedge your bets 09-21-15
Q: Due to a job
relocation, for the past 18 months I have had funds from the sale of
my old house and my old 401(k) sitting in a savings account.
Hollingsworth: 5 secrets you should never keep from your financial
The best relationships
are based on honesty and trust. Thatís true for your personal
relationships as well as your relationships with professionals who
help you with your problems.
Kahler: Helping the poor 09-14-15
Helping people work their
way out of poverty isnít just about money. It requires addressing
the beliefs and culture around money that may be keeping people
stuck financially and emotionally.
J. Howard: Money advice for young couples 09-14-15
You found the one to
start a life with. You now share home, love ĖĖ and your
financial backgrounds with your new partner and family. Hereís
what to know and how to tackle debt, budgeting and other aspects of
your newly merged money matters.