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The ultimate 2020 holiday gift: Stock, on sale now

November 17, 2020 by admin

You’ve heard a lot this year about how hard it can be for youngsters to get a good education when they’re not in the classroom. But this year also has brought investors what amounts to the greatest home-teaching tool the stock market has ever seen, and the perfect gift to give your favorite young investor …

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The next four years, and beyond, have troubles ahead

November 17, 2020 by admin

As the election results were tallied past midnight Tuesday, I was struck by how the results really would not make much difference for my investments over the next four years, the next decade or the rest of my life. That’s not because the president can’t do good things or that the election results won’t impact …

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Election results won’t crush the market or economy

November 17, 2020 by admin

Every four years, as the Presidential election winds down, Americans let the rhetoric and the headlines make them gloomy about the post-vote economy. Not surprisingly, this year and this election are different, sort of. For years, Bankrate.com has surveyed Americans about the biggest threats to the U.S. economy over the coming six months, and the …

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Still having changes of heart a decade after attack

October 20, 2020 by admin

I make a lot of plans and try to do a lot, but having a heart attack in my 40s was not part of any plan. With terrible family cardiac history and my own weight problem, I can’t say I never foresaw the possibility – even, perhaps, the probability – but it was the last …

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Mailbag: It’s not too late for Covid financial relief

October 20, 2020 by admin

The mailbag is full of notes from people with all-too-common financial dilemmas these days. I’ll try to help some of the letter writers in the hope that the answers help you too. Question from David H. in Short Pump, Va.:  When I lost my job early in the pandemic, there seemed to be a lot …

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Try a Covid-safe, fun-with-money approach to Halloween

September 30, 2020 by admin

Many traditions have been lost to the coronavirus pandemic this year, but my hope throughout the summer has been that Halloween might be spared. Since 2016 at my house, instead of “Trick or treat?” the question has been “Cash or Candy?” It’s become a fun, fabulous and favorite personal tradition, where I help neighborhood kids …

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There’s a word to describe 2020, and investors aren’t using it

September 23, 2020 by admin

Just like seemingly everything else in 2020, the market has been a place for extremes. From February 20 through March 23 this year, the stock market – as measured by the Standard & Poor’s 500 – lost 33 percent of its value. It then gained over 60 percent from that March low to the start …

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Want credit-score ‘insurance’? Just pay down your bill

September 23, 2020 by admin

   (This column was released for publication on Sept. 16, 2020.) Darren in Brusly, La., is worried for his job in the coronavirus pandemic and is hoping to “protect” his credit score “in case anything bad happens” at work. He wrote me asking if there was any way to pay the keepers of credit scores …

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How to reduce the financial stress you’re feeling now

September 9, 2020 by admin

I don’t feel better off right now. I barely know anyone who does. Yet, intuitively, I should feel better. The stock market is way up over the last few months, and it has taken my accounts up with it. Gross domestic product seems to be growing faster than expected, the latest jobs report shows 1.4 …

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Capturing the market’s participation trophy is good enough

September 2, 2020 by admin

The stock market has returned to record levels, powered by a few of the world’s biggest and best-known companies. That has spawned talk of how it’s a “stock-picker’s market.” Poppycock. The market observers who say this drivel aren’t particularly observant, or they would have long ago noticed that good stock-picking never goes out of style. …

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