Opinion: This plan to tax the ultrarich is much simpler and better than Biden’s idea

President Joe Biden and Senate Finance Committee Chair Ron Wyden (D-OR) have proposed different ways to tax unrealized capital gains every year. Their shared goal is understandable, with trillions of ...

Series I Savings Bonds: What Readers Want to Know

A popular investment backed by the U.S. government recently became even more attractive, especially for tax-smart investors who are worried about inflation. I wrote about the tax advantages and other ...

‘The dip is your friend’: Why some advisers are telling young investors to buy stocks, despite stagflation fears roiling markets

How low can stocks go? This question has made investors nervous, as they fear one bottom after another. The answer: Pick a number. Some analysts say brace for further drops, others expect a bounce. Wa...

The Market Is Melting Down and People Are Feeling It. ‘My Stomach Is Churning All Day.’

The last time Todd Jones heard this kind of panic in his clients’ voices, it was 2008 and the global financial system was on the brink of collapse. Mr. Jones, the chief investment officer at investmen...

What to know about special needs trusts, from costs to finding help

Yagi Studio | Digitalvision | Getty Images Special needs trusts are essential for the well-being of a person with special needs, experts say. “The most important reason for a special needs trust...

5 smart money moves for your first 5 years of retirement

When you dream of retirement, you figure you’ll finally enjoy worry-free living. But the first few years can prove surprisingly tense. A big cash outlay or costly divorce can upend your best-laid plan...

Watch out if you’re male, over 45, and think you know about investing

The stock market’s recent weakness could be particularly hazardous to your wealth if you’re male, above the age of 45, married, have more dependents, or think you have excellent investment knowledge. ...

Why it’s a good time for young investors to put money in the market

FG Trade | E+ | Getty Images Opportunities in the dip For young investors with the longest time horizons to plan for retirement, today’s market downturn also provides an opportunity, according t...

If you thought Walmart and Target had disappointing results, these retailers did so much worse

Retail stocks fell hard this week as bellwether companies disappointed investors with sagging profits. And now, a review of retailers sheds light on companies that put up worse numbers than those repo...

House Democrats push for SALT relief in appropriations bill

Rep. Tom Suozzi, D-N.Y., speaks during a news conference announcing the State and Local Taxes (SALT) Caucus outside the U.S. Capitol on April 15, 2021. Sarah Silbiger | Bloomberg | Getty Images Despit...

5 economists and real estate pros on what mortgage rates will look like for 2022

What should you expect for mortgage interest rates in 2022? Getty Images/iStockphoto Mortgage rates have reached their highest point in 13 years, according to Bankrate’s national survey of lenders. An...

Gas prices just hit a new record high. Here are a few ways to save

As the summer driving season nears, gasoline prices show no signs of slowing down. The national average for unleaded gas hit a new high of $4.59 per gallon Thursday, according to AAA. For the first ti...

Worried about your investments? Here’s how the smart money made 100% when market gloom was this bad.

The best news for investors that I’ve heard in a long time is that the M.B.A. geniuses who manage the world’s pension funds now hate the stock market with a vengeance. According to the latest comprehe...

Women are still paid 83 cents for every dollar men earn. Here’s why

Hinterhaus Productions | Stone | Getty Images The “gap” between how much money men and women are paid has long been a feature of the U.S. economy. While that pay differential has narrowed ...

Boeing Sells 50 737 MAX Jets to IAG at Discount

Text size A Boeing 737 MAX 10 airliner. Ellen Banner-Pool/Getty Images International Consolidated Airlines Group said it has ordered 50 Boeing 737 MAX jets, with options for a further 100 aircraft at ...

Three lessons from Warren Buffett worth paying attention to right now

This article is reprinted by permission from NerdWallet. The investing information provided on this page is for educational purposes only. NerdWallet does not offer advisory or brokerage services, nor...

A larger share of younger investors say they’re not afraid to buy the dip in the pursuit of long-term gains — but there’s one big caveat

The stock market is taking on a deepening red hue as steep sell-offs continue, but a new report says some younger retail investors are seeing red meat for ‘buys.’ Fewer than two in ten people, 18%, sa...

Americans are still saving for retirement — and becoming 401(k) millionaires

Americans may be afraid to look at their retirement accounts thanks to stock market volatility, but many investors are still staying the course, according to Fidelity Investments’ most recent data rel...

You just retired and your target-date fund has plunged. What do you do now?

If you recently retired or are near retirement and you had your money in a target-date fund designed for people retiring about now, bad luck. So far this year, the “target” is you. Morningstar tells m...

‘I partially support my partner of 12 years as his business is, sadly, failing’: I’m 33, and have $300,000 in company stock. Should I sell those shares to pay off my debt of $56,000?

I am 33 years old, I currently make just over $120,000 a year, including an annual bonus, and my company has gifted me with around $300,000 in equity in the firm, although our stock is brand new, so i...

Baby formula shortage is bringing out scammers, FTC warns

Sod Tatong | Moment | Getty Images Scammers are exploiting a nationwide baby formula shortage, tricking consumers into paying hefty prices through fraudulent online stores, the Federal Trade Commissio...

Recession Looms, But Markets Haven’t Got the Message

After 28 trading days away from the markets*, I’ve come back to find that a new narrative of impending recession is quickly taking hold. Yet, look at the markets themselves and the story isn’t much re...

What is retirement really like?

We hear a lot about how prepared (or ill-prepared) people are for retirement. But what’s life really like for people in retirement? A fascinating new survey from the Age Wave research and consulting f...

Investors need to keep emotions under control in this volatile market

NicolasMcComber | E+ | Getty Images Whether you’re new to investing or have been in the market for years, you may feel a little bit like you are lost at sea looking for a safe harbor. Investors are co...

Americans are stressed about money and finances, hurting mental health

Americans are more stressed about money than they’ve ever been, according to the American Psychological Association’s latest Stress In America Survey. “Eighty-seven percent of Americ...

Which of Buffett’s bank stocks might make you the most money?

This is the time of the quarter when investors get to see what changes Warren Buffett and the management team at Berkshire Hathaway have made to the conglomerate’s stock portfolio. The big splash in B...

Is it now or never for a stock rally? Fund managers’ cash pile is the biggest since 2001, says Bank of America

Fearing stagflation and higher interest rates, global money managers have been amassing cash at a level not seen in two decades. That’s according to an “extremely bearish” May survey of global money m...

How retirement coaches are training people to make one of life’s trickiest transitions

Craig Bernhard worked his tail off for 43 years. Twenty-six of them were in the Air Force, which included time as a fighter pilot — F-106 Delta Darts and later the F-15 Eagle — and then 17 at Boeing C...

‘I needed something to do’: How working in retirement is being embraced by older adults and companies

For many years, Georgia McManus of Waynesville, N.C., enjoyed her job writing commercial insurance policies for Stanberry Insurance and serving customers. Soon after she retired in 2018, McManus got a...

Stock investors are now starting to feel the 5 stages of bear-market grief

The bear market for stocks isn’t over. In fact, it may have aways to go. That’s because — even with the S&P 500 SPX, +1.65% 16% below its all-time high, and both the Nasdaq Composite COMP, +2.14% ...