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.
into reality by the Great Recession 07-07-14
Newell Jones knew she was living well beyond her means when the
Great Recession struck: She was $24,000 in debt.
MarksJarvis: When shareholder's meeting goes far afield, raise and
buy stocks on your own but arenít confident you are proficient
enough with financial data to spot threats to your investments, hereís
one easy test that even a novice can master: Watch if a company you
own schedules its annual meeting far from its headquarters.
Smart: Avoid fear factor in financial decisions 06-30-14
Fear is a
powerful motivator for consumers, and it underlies more of our
spending decisions than weíd care to admit.
resume their moves to less taxing climes 06-30-14
Ramos, a retired letter carrier, estimated his cost of living would
drop 80 percent when he moved from New York to a rental community in
Smart: Life insurance doesn't have to be a mystery06-23-14
topic of life insurance doesnít have much going for it. First, itís
about insurance, which many people find boring and complicated.
Second, it can involve paying money for something you may never use.
Started: Despite low rates, you can find best savings accounts 06-23-14
rates on savings accounts have been close to zero for a while. But
if youíve been building an emergency cash fund or got money as
part of a graduation gift this spring, you need to put those dollars
Yip: Make sure your financial adviser is worth what you're paying 06-16-14
recently wrote a column about how important it is to pay
attention to fees and costs when investing.
Tompor: Old savings bonds, gift cards can bring extra summer cash 06-16-14
needs a rainy day fund to cover a broken water heater, an
out-of-the-blue blowout on a car tire and other fiscal fiascoes.
debt can lurk on credit reports 06-16-14
years old, Carl Gasper still is juggling a fair share of debt.
He has a mortgage on his
three-bedroom Green Tree, Pa. home, car payments on his Chrysler 300
and several credit cards with balances he carries from month to
MarksJarvis: How to keep student loan payments manageable 06-09-14
first glance at your student loan debt after college is likely to be
a nauseating encounter. So
if you are like a lot of graduates, you may stick the paperwork in a
drawer and try not think about it.
in our passports and credit cards: Are they safe? 06-02-14
passports have them. And these days, many more U.S. credit cards are
starting to carry them, too.
the annuity: Complicated financial product should get investors'
give him a funny look when he admits he has one, said Shane Fischer,
37, of Winter Park, Fla. Itís a trap, they warn him. The fees will
eat you alive. And besides, arenít you too young?
to know about rising student loan interest rates 05-27-14
rates on federal student loans are set to rise July 1. Itís not
the first time the cost of borrowing has gone up for students, and
it likely wonít be the last. Still, experts say, federal loans
remain a good deal.
savings rebound, but it's still important to plan 05-27-14
plus side, a new study shows, Americansí retirement savings has
rebounded from the depths of the Great Recession.
coverage dictated by needs 05-27-14
ó How much insurance you need for your personal property comes
down to what you need to insure.
credit cards with care while traveling 05-19-14
May: The school year is winding down; summer travel plans are
revving up. Whether itís a road trip on the nationís freeways or
a jet flight across the world, chances are youíll be using a
credit card on those travels.
find creative ways to pay for college 05-19-14
Ramirez is the first in her family to go to college. In August, sheíll
start classes at the University of South Florida.
adults need saving strategy, experts say 05-12-14
only 27 years old. But she has a list of "somedays" to
check off her list. "Someday, I hope to be married and have
kids," said Shekinah Monee, a model and publicist in New York
City. "And, someday I want to retire and be able to play."
Clearing up Medicare mysteries 05-12-14
1966, residents 65 or older have been able to sign up for Medicare,
the federal governmentís health plan for seniors.
in with parents a wrenching necessity for some middle-aged jobless 05-05-14
Rohr lives with her husband and twin teenage sons in a well-tended
three-bedroom home in Salinas, Calif.
legalization give penny stock a wild ride 04-28-14
releases began to flow in February. A
Mission Viejo, Calif., penny-stock company announced it was leaving
behind the world of nutritional supplements to enter "the
growing billion-dollar marijuana industry."
experts put emphasis on educating the next generation 04-28-14
across the country say in survey after survey that one of their top
parenting worries is teaching their kids about how to handle money.
debt holds back many would-be home buyers 04-28-14
Luna wants to buy a home in up-and-coming northeast Los Angeles
before itís too late. At
31, she has a masterís degree and earns more than $70,000 as a
court reporter and freelance editor.
gay couples, downside of marriage is snarled taxes 04-21-14
wedded bliss canít dull the sting of tax season. When
the state wonít recognize your marriage, thereís nothing easy
about a Form 1040.
assets are making a comeback 04-21-14
assets at the end of 2013 were the highest on record, a strong
indication that many savers have seen their investment accounts
bounce back from the financial crisis of 2008 when the stock market
fell so hard it lost nearly half its value.
deadline can spread panic, experts say 04-14-14
procrastinators, hereís a friendly reminder: Time is running out.
In less than two weeks it will be April 15, the deadline for filing
your federal and state tax returns.
split seen in styles of investing 04-14-14
itís relying on a spouse to handle household finances, being
afraid of doing something risky with their money or just not feeling
confident, women are less likely to take an active role in investing
to ensure broker's honest 04-14-14
York financier Bernard Madoff was sentenced to life in prison for
masterminding one of the biggest investor Ponzi schemes in U.S.
history, it was an unnerving reminder that entrusting your money to
a professional can be risky.
credit-monitoring offer not enough to protect consumers, experts say
the data breach that shook the retail world. When Target Corp.
announced in December that 110 million of its customersí payment
and personal records had been breached, the news was unsettling ó
both because Target is such an iconic brand and because the breach
was so invasive.