published Sep 27th 2016, 6:45 am, by Suzanne Woolley (Bloomberg) — “Tax drag” doesn’t sound very pleasant, and it isn’t. It’s the friction that taxes inflict on your investment returns, robbing you of easy, risk-free additional money you could be making to live on in retirement. Why aren’t you making

published Sep 26th 2016, 6:17 am, by Suzanne Woolley (Bloomberg) — Listen closely tonight. It’s your money and your life. At 9 p.m. ET, in the first presidential debate of the season, Hillary Clinton and Donald Trump will be pressed, to a degree, for details of their various proposals. Jobs,

published Aug 25th 2016, 5:00 am, by Ben Steverman (Bloomberg) — Investors need to be saved from themselves. That’s the conventional wisdom, and there’s some truth to it. Individual investors can have comically bad timing. They buy when stock prices are high. They panic and sell when markets plunge. They

published Sep 6th 2016, 4:21 pm, by Jordan Robertson and Michael Riley (Bloomberg) — A new way to bet against stocks is born. A few hours after Carson Block announced last Thursday that he was shorting St. Jude Medical Inc. stock over hacking risks to the company’s pacemakers and defibrillators,

published Sep 12th 2016, 4:00 am, by Ben Steverman (Bloomberg) —Most people go to the doctor for medical advice. Why can’t we all get a checkup for our financial health, too? The short answer is it’s expensive, since there’s no health insurer to cover the prognosis of your nest egg. For average

published Aug 31st 2016, 5:00 am, by Suzanne Woolley (Bloomberg) — Trust of politicians in America seems to have reached a new low in this election season. But who would have guessed how little trust exists across the kitchen table?Many American couples don’t share even basic financial details of their

published Sep 2nd 2016, 12:46 pm, by Conor Sen (Bloomberg View) — The stock market of the late 1990s is remembered mostly for high-flying dotcom equities that eventually crashed back to earth. Yet from a money flows standpoint, the bigger imbalance of that era was that large-cap stocks fetched very

published Aug 31st 2016, 1:30 pm, by Suzanne Woolley (Bloomberg) — Retailers use Labor Day to sell us “elegant” fire pits and pom-poms for handbags (yes, an accessory for an accessory). That isn’t quite what the holiday is about. It’s about work. So instead of adding to debt or dipping

published Aug 26th 2016, 10:06 am, by Nir Kaissar (Bloomberg Gadfly) — Defined contribution plans — American workers’ golden road to retirement — are on the defensive. A mountain of class-action lawsuits is piling up against a who’s who of blue-chip companies and prestigious universities, accusing them of failing to

published Aug 25th 2016, 1:54 pm, by Megan McArdle (Bloomberg View) —When Bill Clinton signed welfare reform into law, the outrage from the left was incandescent. Peter Edelman, a prominent official in Health and Human Services, resigned in protest and wrote an article for the Atlantic calling it “The Worst