This flight attendant is looking for financial help from an adviser, but how should she pick the right one? Getty Images Question: I think I need a financial advisor. I am 61 and plan on retiring at 7...
Tag: general news
‘It’s a touchy subject’: My in-laws live in our basement. They gave us our 20% down payment. Should we charge them for renovations?
Last year, my husband and I approached my in-laws to see if they wanted to live with us. We had learned that my father-in-law had terminal cancer but could still live five to seven years in remission,...
Binance Takeover of FTX Is a Huge Red Flag for Crypto
One of the most dangerous moments in any hurricane is when the eye passes. Gale winds give way to calm, tempting those hunkering down to come out and assess the damage only to find that more of the st...
Italian EV start up takes on U.S. and Chinese rivals with a fresh design concept, but higher price tag
MILAN (AP) — Elon Musk’s Tesla paved the way nearly two decades ago. Now, the global transition to fully electric vehicles is littered with startups, inspired by a new era in mobility and drawn by the...
Here’s the trouble under the hood at Warren Buffett’s Berkshire Hathaway
It’s midterm day in America, so pack your weapon (where legally permitted), have your local election lawyer on speed dial and get out the popcorn. U-S-A, U-S-A. More on that later. The company lost $2...
The simple question Dave Ramsey says you must ask yourself to determine if you have enough savings right now
How much should you be saving in your emergency fund? Getty Images/iStockphoto You need an emergency fund, especially in trying times like these, but just how much should go in that fund? For his part...
‘My adviser has gone dark.’ My account has $500K in it, and I can’t get a hold of my adviser right now. What’s my move?
How to find the right finanical adviser Getty Images/iStockphoto Question: My business has a SIMPLE IRA (Savings Incentive Match Plan for Employees) for employees who want to participate after one yea...
This bank is now offering a $1,500 bonus for opening a new account — and it’s not the only lucrative bonus banks are offering right now
To attract new customers, many banks are now offering lucrative cash bonuses — anywhere from $100 to $2,000 — for simply moving money into their various savings and checking accounts. A recent Reddit ...
Deutsche Bank Faces Threat of Fines Over Money-Laundering Controls
Germany’s top financial watchdog threatened to fine Deutsche Bank AG if it doesn’t implement controls against money laundering by a set deadline, suggesting the regulator isn’t satisfied with the bank...
Opinion: A switch to ‘premium’ can keep you invested amid the tech wreck in stocks
It seems as if the stock market is punishing all technology companies regardless of performance. That underlines a set of opportunities for long-term investors. There were many eyes on this cycle of t...
Pfizer Stock’s Post-Covid Future Looks Healthy
These reports, excerpted and edited by Barron’s, were issued recently by investment and research firms. The reports are a sampling of analysts’ thinking; they should not be considered the views or rec...
If I sell my rental I can pay off my primary mortgage and be debt-free. Is that a good idea in this housing market?
Dear MarketWatch, I have a rental property that’s worth $175,000, and I owe $53,000. My primary home is worth $265,000 and has $108,000 left on the mortgage. My question is this: Should I sell my ren...
Here’s strong new evidence that a U.S. stock-market rally is coming soon
Yet another piece of the investor-sentiment puzzle is falling into place to support a sizeable U.S. stock-market rally. I’m referring to an index that measures investors’ confidence that any market di...
India-Focused Payments Company Ebix Races to Raise Cash Against Debt Deadline
Payments and software company Ebix Inc. is seeking to raise cash to pay back some $600 million in debt due early next year, but time is running short as it awaits regulatory approval for a public offe...
The future looks gloomy for retirees — if you look closely at financial history
Retirement planning requires us all to become historians. Surely not, you object: Do we really have to become proficient in yet another subject? Unfortunately, yes. Regardless of whether you’re aware ...
Sell These 3 Tech Stocks Because PC Demand Is Tumbling, Morgan Stanley Says
Falling demand for computers and electronics has made a Morgan Stanley analyst more pessimistic on three PC-related stocks. On Friday, Morgan Stanley analyst Erik Woodring reiterated his Underweight/S...
These are the $30,000 questions you need to ask yourself if you want to get richer, says personal finance guru Ramit Sethi (and psst: pros say he’s got a point)
When it comes to building wealth, entrepreneur Ramit Sethi says it’s important to focus on the bigger picture. Getty Images No, it’s not about the latte — well, at least according to Ramit Sethi, entr...
‘This has gone on too long’: The bank paid itself $18,000 in fees. My late father’s trust has not been distributed. What recourse do I have?
My father’s father set up a trust at a major bank with my father and the bank’s trust department as co-trustees. My father died at the end of last year; upon his death, the trust was supposed to be di...
More than 1 in 4 workers making $200K or more now say they live paycheck to paycheck. So even rich people are struggling to save, and pros offer 3 solutions
As many as 93% of rural and 92% of urban consumers say they’re noticing higher prices due to rising inflation, according to a report. Getty Images/iStockphoto Making bank doesn’t mean you have loot sa...
State attorneys general sue to block Albertsons’ $4 billion dividend payout
The attorneys general of California, Illinois and the District of Columbia are suing Albertsons in an effort to stop the grocery chain from paying a nearly $4 billion dividend to its shareholders. The...
After her accountants pulled her aside, supermodel Tyra Banks — worth an estimated $90 million — realized she was doing this money move ‘to a fault.’ Ironically, some pros say it’s a mistake you should make too
Tyra Banks Getty Images for TIME Tyra Banks is worth an estimated $90 million, according to CelebrityNetWorth.com, but the supermodel and businesswoman, who grew up pinching pennies, admitted to Money...
‘Am I being ripped off?’ I moved into my husband’s home. I pay for groceries. The rental income from my apartment goes into our joint savings.
I read one of your previous columns regarding the boyfriend who wants the letter writer to move in. My case is similar, but we have already made a decision on how to structure our finances as they rel...
Here’s why you should be worried about state and local pensions
America, about 26 million people across America are relying on state and local pension plans to take care of them in their retirement years. That figure includes 15 million retired teachers, police of...