By Robert Powell
Are you anxious about going to a financial adviser? Join the crowd.
Many Americans — as well as citizens from other countries — are embarrassed to seek the help of a financial adviser.
“It’s virtually universal that people hesitate about sharing intimate information with others,” says Ed Jacobson, a consultant based in Madison, Wis. “All [...]
By Robert Powell
by Scott Spann
The holidays present numerous financial challenges, not to mention the positive and negative stress associated with spending some quality time with friends and family. (Insert your own mental image of Cousin Eddie from Christmas Vacation here.) Generosity is a wonderful characteristic to possess, but if left without monitoring, it can lead to overspending [...]
By Carolyn Bigda
Sitting around the kitchen table this time of year, you may hear plenty of advice about what you should do with your money: Buy this or that stock. Invest in real estate. Spend a cash gift on something nice.
But even if the opinions are unsolicited, research shows we may be more likely to [...]
By Colleen Oakley
Should you cave and hire the cleaning lady or buck up and do it yourself? And would the money you spend be worth the hours spent not dusting?
How about picking up holiday goodies from your favorite bakery vs. setting aside a weekend afternoon to make your family’s sugar cookies?
Every day we make decisions [...]
Your adult kids should know about your finances—and what they can expect.
By Jessica L. Anderson
Talking to your adult kids about your finances and how you plan to divvy up your money after your death may be one of the most important conversations you’ll ever have. It gives you the chance to tell the kids how [...]
I was shocked when a friend of mine in an amazing matter-of fact tone, told me that she had recently been assaulted by three men as she was getting out of her car one evening after work. At one point, one of the men pulled out a gun and pointed it at her. [...]
Even for me, I was early. The joke among those who know me is that there are the standard time zones, and then there is the “Ted-Time” zone, which means early…… German heritage early, I guess.
I always try, for example, to be at the airport at least two hours before my flight. On this [...]
By Liz Skinner
Despite more cash than ever, scarred investors making ‘irrational’ and ‘emotional’ decisions
Five years ago, as Lehman Brothers Holdings Inc. was allowed to fail and Merrill Lynch & Co. Inc. sold its 17,000 brokers to Bank of America Corp. to avoid its demise, financial advisers quickly realized the country wasn’t facing just another market [...]
By John Waggoner
For investors, fall is the season of lushly painted leaves, golden morning light and hideous, soul-searing panics in the stock market.
This fall is shaping up to be no different: Looming military action in Syria, another fight about the debt limit, and hordes of the gibbering undead will all make this autumn peculiarly dangerous.
Wow, the Windy City was living up to its reputation. 20-25 mile per hour gusty winds showed up as ordered for “Community Kite Day”, sponsored by the local Department of Parks and Recreation. However, the warmth that was imagined for this didn’t make an appearance. 33 + degrees, snow spitting periodically, the [...]