Author: landaasco

  •  Making financial sense of “breaking news”

    As researchers and regulators raise alarms about investors encountering misleading financial information, Art Rothschild advises restraint. Impulsive reactions can spoil long-term plans, Art explains in a MONEY TALK VIDEO. […]

  • Look (and scrutinize) before you leap

    By Joel Dresang Scrutinizing is important, but sitting on your hands is more the point. […]

  • Gender gaps in financial literacy

    By Joel Dresang Even with a greater role in family finances, women collectively have shown less confidence and lower scores in financial literacy. […]

  • When should I …take my required minimum distribution?

    As part of a new ongoing feature, we answer frequently asked questions on when investor should consider taking certain steps toward long-term financial plans. Included here is Chris Evers’ advice on taking required minimum distributions from IRAs. […]

  • Financial literacy test – The answers

    Test your financial literacy See how you did answering questions in this financial literacy test devised by researchers at George Washington University and the University of Pennsylvania. The correct answers are in bold. 1. Suppose you had $100 in a savings account and the interest rate was 2% per year. After 5 years, how much…

  • Retirement: Thinking about spending

    By Joel Dresang Most Americans don’t think enough about spending. Although retirement is the most expensive purchase we’ll ever make, only 34% of workers have estimated their retirement expenses. Anticipating spending as a proportion of income is a lazy and highly variable way to plan. […]

  • Rebalancing: More investing, less emotion

    A strategically balanced investment portfolio is a moving target. The optimal balance can shift with individual circumstances or asset performance. In a MONEY TALK VIDEO, Steve Giles explains how occasional rebalancing can help investors more objectively consider when and how to readjust their holdings. […]

  • Putting housing in its place

    By Joel Dresang Think of your home as your castle, not your bank. […]

  • When Should I …rebalance my portfolio?

    As part of a new ongoing feature, we answer frequently asked questions from investors on when to take certain steps toward long-term financial plans. Included here is Art Rothschild’s advice on resetting the balance of stocks and bonds in your investment portfolio. […]

  • When Should I …start saving for college?

    The sooner, the better. That’s the best approach to any saving plan. Children’s education ranks right after parents’ retirement as an investment priority for families. Factors to consider include: How much you expect college to cost How much of the cost you plan to cover How long until the money is needed How much you…