We’ve all seen the sobering numbers on things like unemployment (9.1%), GDP (1.3%) and the national debt ($15 trillion). Now comes another reality check: Last quarter, not a single U.S. diversified stock fund made money. Not one.
As many Baby Boomers approach traditional retirement age, they’ve had plenty of time to watch their parents’ generation enjoy the golden years in style—with ample travel and leisure and a minimum of financial worries. Many …
With interest rates at historic lows, retirement income has become difficult to secure and now planners and retirees are even rethinking the role of the venerable annuity, which has long been a stalwart source of monthly income.
The plain truth is that unless you have boatloads of cash simple annuities alone won’t get the job done.
When the Federal Reserve issues a statement warning about “significant downside risk” to the global economy, you don’t have to be Warren Buffett to guess what happens next – stock prices are going to take a dive.
And so they did. By the end of Wednesday trading, the Dow Jones industrial average had fallen 391.01 points, or …
The breakup of the common European currency is inevitable and will shake U.S. stock markets. Here’s how investors can prepare – and even profit.
We generally don’t include the shape of a business exec’s face in our investing advice. But according to a new study, maybe we should.
Before Warren Buffett poured $5 billion into one of the market’s worst performing stocks, he reportedly called CEO Brian Moynihan personally and said he wanted to invest in Bank of America, calling it a “strong, well-led company.”
We hear a lot of questions lately along the lines of, “How do I know who to believe?” It’s a good question, and relevant not just in personal finance, but in other areas, especially politics, economics and health, where we’re …
Economic data from the past 24 hours — most of it bad — has investors hurdling toward the exits
With Wall Street in chaos, IPO candidates are forced to play a waiting game.
Short sales plague Europe — but they're likely not coming across the Atlantic.