Your Money
Articles to keep you informed about trends and help you manage your money
These Three Trends Are Eating Up the American Retirement Dream
published Jul 18th 2017, 7:00 am, by Suzanne Woolley (Bloomberg) — With informed discussion, creative thinking, and timely legislative action, Social Security can continue to protect future generations.That boilerplate language has been featured more or less verbatim in the yearly status report from the trustees of the Social Security and
Passive Investing Might Not Be Great for Growth: Noah Smith
published Jul 10th 2017, 5:30 am, by Noah Smith (Bloomberg View) —When United Airlines called security to drag passenger David Dao off of his flight back in April, some observers cheered the airline’s falling stock price, expressing the hope that this would punish the company’s executives and owners and spur
What Stock Investors Need to Know, and Why: Mohamed A. El-Erian
published Jul 3rd 2017, 1:00 am, by Mohamed A. El-Erian (Bloomberg View) — With attractive returns such as haven’t been seen for quite a few years, investors in global stock markets have had a very good first half of 2017. Record levels for several widely followed country indexes occurred
How to Protect Your Child From Identity Theft
published Jun 29th 2017, 5:10 am, by Suzanne Woolley (Bloomberg) —Alan Brill has scoured computers for intelligence left by Iraqi forces retreating from Kuwait. He has probed a bank in Bosnia suspected of funding ethnically targeted mass murder. He has investigated the work of hackers who got inside the 2008 presidential campaign networks of Barack Obama and
$500,000 Surprise: Health Care Sticker Shock Awaits You in Retirement
published Jun 22nd 2017, 11:54 am, by Suzanne Woolley (Bloomberg) —One of the hardest expenses to plan for in retirement could be the biggest: health care. It will pay to err on the high side. U.S. retiree health-care costs are likely to increase at an average annual rate of 5.5 percent over
Millennials Are Helping America Save More Money
published Jun 20th 2017, 4:45 am, by Suzanne Woolley (Bloomberg) —After almost a decade, Americans may finally be turning the corner on saving money. More than 30 percent of them say they have enough tucked away to cover six months’ worth of expenses—a seven-year high for this measure of financial calamity preparedness,
Popular 401(k) Funds Are Packed With Tech Stocks
published Jun 14th 2017, 3:32 pm, by Suzanne Woolley (Bloomberg) —How tech-savvy are you? Recent volatility in popular technology stocks, including Apple Inc., Microsoft Corp., Facebook Inc., Google parent Alphabet Inc., and others, is a reminder to check the tech weighting in your retirement portfolio. There’s nothing wrong with having a big slug of tech
Vanguard Is King Because Mutual Funds Aren’t Jeans: Gadfly
published May 26th 2017, 10:24 am, by Nir Kaissar (Bloomberg Gadfly) —The New York Yankees. The New England Patriots. The UCLA Bruins. The Vanguard Group? Vanguard may not come to mind when thinking about dynasties, but that’s about to change. Vanguard is dominating the fund business, and the numbers are
Skip the Avocado Toast to Save for Retirement: Noah Smith
published May 22nd 2017, 7:00 am, by Noah Smith (Bloomberg View) — I’ll confess that I once ate a very expensive piece of avocado toast, at a hip coffee shop in Brooklyn, New York. It wasn’t very good, either. So I hear what Australian mega-millionaire Tim Gurner is saying when
What You’re Missing When You Work From Home: Megan McArdle
published May 31st 2017, 7:39 am, by Megan McArdle (Bloomberg View) —It’s been more than 10 years since I last worked in an office on any regular basis, and remote work has worked for me and my employers. And yet, when I read that Apple and IBM were moving away