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…
-By John Shipman, Dow Jones Newswires; 201-938-5171; john.shipman@dowjones.com (Kathy Chu, Yuka Hayashi, Jane Kim and Kaja Whitehouse contributed to this article.) NEW YORK — The impact of the mutual-fund probe may finally be hitting home on Main Street. Since New York Attorney General Eliot Spitzer…
Sandra Block and John Waggoner. USA TODAY Managing your money; Every Friday The Dow Jones industrial average is up 17% since the beginning of the year. The Nasdaq, where many technology stocks dwell, is up 46%. The stock market is rocking. You’re tempted to join the…
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…