Jim Hopkins. SAN FRANCISCO — Two years ago, Nick and Sloane Morgan were typical investors. They had 75% of their assets in stocks, 25% in real estate and saved about 10% a month. Following the stock market’s dive, they’ve done a 180-degree turn. Undaunted by…
Daniel S. Levine Some people are the shy and retiring type. I think of myself as the shy of retiring type. The phrase “New York Minute” aptly describes how quickly I would stop working if I won a lottery, was remembered fondly in the will…
The Internet is filled with useful tax-planning tools — as well as plenty of tax-shelter scams By RIVA RICHMOND Plotting how to pay less in taxes is an age-old pursuit. Today the modern pursuit of surfing the Internet can help — to a point. A…
Coping with Sudden Loss Seek the help of experts, friends to get your financial house back in order By Staff Writer Annelena Lobb NEW YORK (CNNfn) – Anyone who has experienced it can tell you, there’s no way to prepare for the sudden loss of…
How to Get Back on Track The bear market has zapped many retirement plans. What to do now? By Mike McMamee The signs are everywhere. Employees letting their 401(k) statements pile up unopened, afraid of the bad news inside. Anxious execs watching their company stock…
There was a time when you could park your money in an index fund, sit back, and not worry too much about it By CHRISTIANE BIRD Nothing is simple anymore. Not even investing in index funds. Time was, you could park your money in an…
By JAMES SCHEMBAR HE baby boomers have been criticized for most of our lives. Our parents weren’t thrilled with our hairstyles, our social protests or our music. When we told our parents we were going to backpack around Europe instead of getting a job right…
Don’t forget these important steps before you say ‘goodbye’ to the office By Staff Writers Jennifer Karchmer and Martine Costello NEW YORK (CNNfn) – You may be dreaming of lazy afternoons on the golf course when you retire, but if that’s all you’re doing while…
San Francisco, CA, USA — It is not too late. Those are five words that apply to most of us when it comes to saving for our retirement. Joe Ducey reports on how we should invest now in order to build a comfortable retirement. It…
By Sandra Block FINAL EDITION Section: MONEY Page 3B If you’ve ever been stuck on an Amtrak train that has run out of sandwiches, you may have difficulty imagining a time when railways were heralded as an innovation that would forever change the way we…