Simplifying your finances isn’t so simple. That was clear from the response I got to a recent column on cleaning up a portfolio, consolidating accounts, getting rid of extraneous dribs and drabs of money and clearing out the clutter. And I got that big response without ever going into the nitty gritty of investment performance, …
On Monday [July 19], the stock market had its worst day thus far this year. The Dow Jones Industrial Average lost roughly 725 points, 2.1 percent, its biggest one-day loss since late October 2020. The Standard & Poor’s 500 lost 1.6 percent for the day; the Nasdaq Composite Index declined about 1.1 percent. It felt …
(This column was released to newspapers on July 7, 2020.) Rick in Maumee, Ohio, has used stay-at-home time during the coronavirus pandemic to “clean up my life.” There was a de-cluttering of the house, followed by a purging of his financial files (in accordance with guidelines I laid out in a recent column). He …
