Careful with money, invisible to lenders
Somewhere there is a 47-year-old woman who pays her rent on the first of every month and carries no credit card debt. She also does not appear on a credit…
Category: Money & Personal Finance
Retirement account for a grandchild starts with a summer job
The obstacle is almost never the money. A custodial Roth IRA can be opened for a child at any age, and the money inside grows tax free for decades. But…
Why this AI bubble could reach your savings
When the dot-com bubble burst in 2000, Amazon’s stock lost about 90 percent of its value, falling from around $107 to near $6 a share. The company did not…
Living on Social Security? A small fund works
If you live on Social Security, the advice to stash away a year or two of expenses can feel not just impossible but insulting. Here…
Invested retirees
need an emergency fund, too The classic reason to keep an emergency fund — replacing a paycheck if you lose your job — disappears in…
The emergency fund you’ll actually build
The most repeated advice in personal finance is also the most discouraging: keep three to six months of expenses in the bank. For some, it…
Are you as diversified as you think?
Giant technology companies have grown so large that they now dominate the S&P 500, and that is changing how some investors think about index funds. As of…
A historic boom, and no one knows where it ends
The same giant companies that dominate the stock market are pouring almost unimaginable sums into artificial intelligence, and the figures are hard to…
Can government help when rents are too high?
Rents feel too high in a lot of cities, so governments worldwide keep stepping in to push them down. The results have been mixed, and rarely what the…
A budget you can build with one sheet of paper
The bills that wreck a budget usually aren’t the monthly ones. They’re the expenses that don’t arrive every month but always arrive eventually — car…