By Albert B. Crenshaw Special to The Washington Post Wednesday, October 15, 2008; Page H06 With the decline of traditional pensions, tax-deferred saving through 401(k) plans, IRAs and the like has become a key element of most Americans’ funding. But tax-deferred isn’t the same as…
By Barbara Kiviat Monday, Oct. 13, 2008 Traders celebrate on the floor of the New York Stock Exchange at the closing bell after stocks surged more than 11%, the market’s biggest point gain ever Timothy A. Clary / AFP / Getty It’s time for investors…
By Candice Choi Associated Press writer Posted September 29, 2008 NEW YORK — Before the turbulent economy sends you running into the arms of a financial advisor, make sure you know all your options. In addition to the various types of financial advice on the…
by Barbara Kiviat Thursday, Sep. 18, 2008 You probably have questions. And not “What does CDO mean again?” sorts of questions but more along the lines of “Is it time to hide under the covers?” Here we tackle some popular queries–while emphasizing that just because…
By Chris Pummer SAN FRANCISCO, Calif. (MarketWatch) — So your mortgage payment just ratcheted upward or an unforeseen event has shot the heart out of your finances. Don’t succumb to money melancholy just yet. In the grand scheme, you may have serious credit problems you…
It was May 11, 2007 and the SEC was one day away from the deadline to appeal the March 30 decision to strike down its controversial Rule 202, known officially as the “broker/dealer exemption” and unofficially as “The Merrill Lynch Rule.” The Merrill Lynch Rule’s purpose…
But Many of Latest Offerings Stretch Definition of ‘Index’; Warnings of Increased Risks By ELEANOR LAISE January 30, 2007; Page B11 Index-fund investors, known to take a hands-off approach to their money, are now being asked to make some big decisions — and possibly take on more…
By Jonathan Burton, MarketWatch SAN FRANCISCO (MarketWatch) — When choosing mutual funds, few aspects are within investors’ control. Future performance isn’t one of them. But expenses, risk, manager tenure and tax-efficiency are qualities that can be judged before you buy. “Look beyond performance,” said Jim…
CBS News correspondent Trish Regan now reports on how to get out of debt once you’re in the trap. Dabney Oliver is 31 years old, single and carrying $13,000 in credit card debt. “I look at my budget and it’s really tight, you know. It’s…
By VICTORIA KNIGHT August 15, 2006; Page D2 Many financial firms increasingly are turning to technology to deliver the “high-touch” personal services that their well-heeled clients crave. “There’s a huge amount of talk about how advisors can deliver a quality experience and build their book of business….