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Your Money

Articles to keep you informed about trends and help you manage your money

Young Ethnic Couple Paying Bills Over Internet
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published Apr 27th 2016, 5:30 pm, by Rich Miller (Bloomberg) — Turning 30 just got a lot scarier. A coming collapse in investment returns means that people that age today will have to work seven years longer or save almost twice as much to end up with the same nest

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bigstock-Blank-income-tax-forms-Americ-57717941
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published Apr 19th 2016, 1:16 pm, by Noah Feldman (Bloomberg View) — Ever wanted to sue the tax man? Usually you can’t — but Gilbert Hyatt found a loophole, and the Supreme Court gave him a symbolic victory Tuesday while depriving him of most actual damages. Acting out the fantasies

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Housing Market
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published Apr 18th 2016, 3:31 pm, by Justin Fox (Bloomberg View) — The U.S. has two big housing affordability problems. They’re related — and solving the first would go some way toward solving the second. But they’re not the same, and it’s important to understand that. The first problem is

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Little cute cartoon fantasy unicorn
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published Apr 15th 2015, 7:14 am, by Matt Levine (Bloomberg View) — Bank earnings. Bank of America beat on adjusted earnings, though the news was mixed; trading was disappointing (outside of foreign exchange, which did great) but legal costs were down significantly from last year. “The firm said it’s keeping

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Little cute cartoon fantasy unicorn
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published Apr 6th 2016, 8:24 am, by Matt Levine (Bloomberg View) — Inversions. The consensus seems to be that the anti-inversion rules that Treasury released later Monday were aimed directly at one deal: the Allergan/Pfizer merger. In particular, the inversion rules have for a long time prevented transactions in which

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Little cute cartoon fantasy unicorn
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©2016 Bloomberg View O4HT256KLVR7 (Bloomberg View) — What’s up at Credit Suisse? Good lord, this story of a former Credit Suisse wealth manager jailed for allegedly doing all sorts of rogue-trading nonsense suffers only a tiny bit from the fact that he “can’t be identified in public” under Swiss law. Let’s

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Tax Shelter
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©2016 Bloomberg View O430366JTSEB (Bloomberg View) — Honest Dollar Goldman Sachs is buying Honest Dollar, a retirement-savings robo-startup, and wouldn’t it be funny if they rebranded the whole company after the new acquisition? Like, “Goldman Sachs is now Honest Dollar.” “Honest Dollar is number three in the energy M&A league

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©2016 Bloomberg View O3RYS06KLVRB (Bloomberg View) — Future finance I am old enough to remember when companies like Social Finance Inc. were referred to as “peer-to-peer lenders.” The idea was, there was an online platform that made loans to people and then sold those loans to other people. It was

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Stress, depression and despair - gloomy storm cloud raining abov
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©2016 Bloomberg View O3BAFL6JTSEF The Buffett letter Warren Buffett’s annual shareholder letter this weekend contained the requisite quantum of folksiness, but in some ways the most old-fashioned part was this description of the differences between Berkshire Hathaway and its occasional partners at 3G Capital: Their method, at which they have been extraordinarily

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Real estate symbol, 3D generated house, good for your home ads
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©2016 Bloomberg View O2FTJO6S972O (Bloomberg View) — Morgan Stanley Modern psychology has not, I think, fully come to grips with the death drive in financial e-mails. People know they are not supposed to mention illegal stuff in their e-mails and instant messages and chat rooms and recorded phone calls. You can tell

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