By Jim Christie SAN FRANCISCO, Aug 18 (Reuters) – Home-ownership in California has increased to a level not seen since 1960 but it is coming at a high cost and risk for home buyers, according to a study released on Thursday. To keep up with…
Janet Kidd Stewart As we learn more about what makes investors tick, will it move them? Calling on financial advisers to take a closer accounting of how investors’ mental errors can roil markets and personal portfolios, AllianceBernstein Capital Management Chairman Lewis Sanders recently devoted his…
By ELIZABETH HARRIS (NYT) 1098 words BOND index funds have been catching on, and for good reasons. Like stock index funds, they have cheaper fees, more transparent holdings and higher average annual returns, over time, than the vast majority of actively managed funds in their…
By Stacy Perman What can the superstar do to repair his balance sheet? Ax some luxuries, focus on asset protection, and cash in on his talent, experts say What kind of financial advice can help a 46-year-old with questionable career prospects and huge debts on…
By BARBARA KIVIAT While folks financing a house or carrying loads of credit-card debt are mourning the end of the lowest interest rates in 46 years, savers who have been stressing over paltry yields on cash investments are partying in response to the Fed’s quarter-point…
Ulysses Torassa, Chronicle Staff Writer Making extra payments against your mortgage is a time-tested way to pay off your house early and can save an enormous amount of interest over the life of a typical home loan. With 80 to 90 percent of initial mortgage…
By ELIZABETH HARRIS HEN you need financial help and have limited means, paying for advice may seem beyond reach. But getting professional guidance doesn’t have to cost a fortune. Clearly, many financial advisers won’t take on clients who aren’t already rich. In a recent survey,…
By ELEANOR LAISE March 28, 2004 If anyone can make longevity sound like an affliction, it’s a financial planner. Many will tell you that you run the risk of outliving your retirement nest egg. Assuming you retire at 65, “there’s a good chance your assets will have…
By ELIZABETH HARRIS SMARTMONEY Got $50? Then do yourself a favor, mutual-fund investors. Sign up for an automatic investment plan. These plans force you to save money before you spend it. And they create another good habit, because they use a tried-and-true investing strategy known…
Kathleen Pender The California Public Employees Retirement System yanked $1.2 billion in assets from Putnam Investments this week, but it is letting AllianceBernstein — another firm implicated in the mutual fund scandal — continue to manage $1.2 billion in pension money for state workers and…