Your Money - Mortgage-Free, but Not Free From the Temptation to Borrow

Monica Almeida

Florabel Kinsler, a clinical social worker in Los Angeles, has paid off her mortgage and says she can comfortably manage in her house.
This is a story about the other homeowners. Not the ones who are having trouble making ...

How to Stop Inflation From Devouring a Portfolio

IS inflation roaring back with a vengeance? It depends on whom you ask.
“The experience we have had in recent years harks back to the 1970s,” when commodities prices surged, said Zvi Bodie, a professor of finance and economics at th...

Your Money - Five Basics for Building a Solid Financial Future

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The stark truth about managing our money these days is that we are mostly on our own.

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Few employers want us around for 40 years, so our income is likely to have ups and downs and disappear altogeth...

Your Money - A Primer for Young People Starting Their First Job

To the hundreds of thousands of young people who have landed entry-level jobs that come with health insurance and a retirement plan, I offer my congratulations. Things are tough out there right now, so you must be doing something right.

Minh U...

Banks Trimming Limits for Many on Credit Cards

The easy money that led Americans to depend on credit cards to pay their bills is starting to dry up.
After fostering the explosive growth of consumer debt in recent years, financial companies are reducing the credit limits on cards held by mill...

Your Money - 8 Reasons You Should Not Expect an Inheritance

You’ve probably heard about the bumper sticker, even if you haven’t seen it. It’s the one on Cadillacs in Florida and Lexuses in Arizona that says “I’m spending my children’s inheritance.”

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Fundamentally - Are Small-Cap Stocks Signaling a Recovery?

IN times of economic uncertainty, investors don’t usually flock to volatile assets like small-company stocks. Instead, they tend to favor havens like bonds or shares of stable, industry-leading blue-chip companies.
But have you seen how s...