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Category: personal finance

Despite turmoil, keep betting on America

January 13, 2021 by admin

Steve in Daytona Beach Shores, Fla., a self-described patriot, says that after watching the events at the U.S. Capitol on Jan. 6, he wondered for the first time in his adult life if he should “Invest American.” Throughout his decades as an investor, Steve has tried to buy American and invest in domestic companies. His …

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‘Keep the change’ — done right — can be a life-changer

January 7, 2021 by admin

I changed the way I “keep the change” in 2020, and it paid off bigger and better than expected. At a time when multiple studies show that just four in 10 American adults could cover the cost of a $1,000 emergency room visit or car repair using savings – and with people understanding more than …

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Dive into the dead pool: 2020’s mutual fund crypt

January 4, 2021 by admin

(This column was released for publication on Dec. 30, 2020.) In a year filled with entirely too much death, no one should mourn the passing of a mutual fund. Funds and ETFs don’t deserve your grief. They’re useful tools, not friends or loved ones, even when they help you succeed. Hundreds of them die every …

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After 2020’s horrors, ‘Three Year’s resolutions’ will set you up for full recovery

January 4, 2021 by admin

(This column was released for publication on Dec. 23, 2020.) Let’s all resolve to make 2021 a better year than the miserable 12 months we have just gone through. Boom! Achievable resolution – one everyone can agree on – in the bag. After a year with so much misery, we can stop the resolutions right …

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What went right/wrong for your finances this year?

January 4, 2021 by admin

(This column was released for publication on Dec. 16, 2020.) In ordinary times, the New Year is when people evaluate themselves, making resolves – many of them financial – to improve their daily lives and/or to reach goals. These aren’t ordinary times. Setting goals and making resolutions feels hollow this year, as better times clearly …

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Learn the rules before agreeing to buy now, pay later

January 4, 2021 by admin

(This column was released for publication on Dec. 9, 2020.) The hottest thing this holiday season isn’t the latest video game, cool gadget, best-selling book or popular gift card. It’s “buy now, pay later.” Now part of the check-out process on seemingly every commerce site, buy now, pay later was becoming a movement before the …

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Money maturity – and generosity – can make the holidays brighter

January 4, 2021 by admin

(This column was released for publication on Dec. 3, 2020.) No one is going to feel like 2020 has been a “good year.” I don’t need to recap all of the misery that has touched nearly every part of the globe, nor the underlying sense of divisiveness and anger that has tinged so many pandemic-altered …

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More on giving stock as a gift for the holidays

November 18, 2020 by admin

Last week, in describing gifts of stock as “the ultimate 2020 holiday gift,” I acted as if shares are a kind of one-size-fits-all item. Yes, you pick individual companies, but that’s not much different from selecting the color on a more conventional gift. But the questions I got prove that giving stocks for the holidays …

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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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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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