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Jill On Money

  • Digital smarts can save Christmas shopping

    Digital smarts can save Christmas shopping

    With the election over and wage growth strengthening, there could be a nice surprise to retail results this season. Americans are expected to increase spending 3 to 3.5 percent from a year ago. Regardless of whether sales increase, the focus will return to the growth of digital. In a recent report,...

  • How is your financial literacy?

    How is your financial literacy?

    What have we learned since the financial crisis and Great Recession? Not so much, according to research from the FINRA Investment Education Foundation. In its study “Financial Capability in the United States 2016,” the percentage of respondents who were able to answer at least four out of five...

  • Election jitters? Don't let it affect investment moves

    Election jitters? Don't let it affect investment moves

    Defying the polls and odds, Donald Trump won the presidential election. As the results became clear late Tuesday night, financial markets around the world reacted swiftly: Stocks plunged (at one point during the overnight session, U.S. futures were down 5 percent, indicating a more than 800 point...

  • Study insurance options carefully to get best deal

    Study insurance options carefully to get best deal

    Like most Americans, you're probably weighing options in the open enrollment period for health insurance and other workplace benefits. Like most people, you will probably default to what you did last year. That's a shame, because spending some time with your various plan options can help you save...

  • New fiduciary rule set to give investors a boost

    New fiduciary rule set to give investors a boost

    Has the political season got you down? Here's an imperfect antidote to the vituperative presidential campaign: Over the past month, large investment companies like Blackrock and Charles Schwab announced that they are cutting fees on some of their largest exchange traded funds (ETFs). (As a reminder,...

  • The election and the financial markets: Should you worry?

    The election and the financial markets: Should you worry?

    With about a month to go before the election, many readers have asked me how the outcome could affect their investments. Let’s start with my usual advice: You should not make changes to your portfolio in an attempt to outfox the tried and true practices of long-term investing.  What are those practices?...

  • It’s time to file FAFSA — delaying is leaving money on the table

    It’s time to file FAFSA — delaying is leaving money on the table

    Given how expensive it is to attend college, here’s a mind blowing statistic: High school graduates left $2.7 billion in free federal grant money on the table over the last academic year. According to an analysis from NerdWallet, the primary reason that families are missing out on this money is...

  • 'Passive' investing is no thrill, but it beats the alternatives

    'Passive' investing is no thrill, but it beats the alternatives

    When he entered the investment world 50 years ago, Charles Ellis found that diligent financial analysts and portfolio managers could routinely outperform the stock market. But as the investment industry changed -- information became widely distributed and institutional investors eclipsed individuals...

  • Juggling needs of aging parents, children who need financial help

    Juggling needs of aging parents, children who need financial help

    According to Pew Research, nearly half (47 percent) of adults in their 40s and 50s have a parent age 65 or older and are either raising a young child or financially supporting a grown child. The so-called Sandwich Generation is busy juggling the financial and physical needs of their parents and...

  • Gender equity on Wall Street still a long way off

    Gender equity on Wall Street still a long way off

    In 1987, when I started my first full-time job as a derivatives trader on the floor of the Commodities Exchange in New York (COMEX), there was no mention of workplace sexual harassment. I was told explicitly that the environment on the trading floor was “rough and tumble,” and that if I wanted...

  • Predicting the next debt bubble

    Predicting the next debt bubble

    As of June 30, total household indebtedness was $12.29 trillion, 10.2 percent above the recent low of 2013, but 3.1 percent below the peak seen in 2008. But not all debt is created equal. In fact, every time the Federal Reserve Bank of New York releases its quarterly report on household debt, various...

  • Think carefully before tapping retirement funds for college

    Think carefully before tapping retirement funds for college

    “Sometimes self-interested is the most generous thing you can be.” This line from playwright Tony Kushner came to mind after I fielded a question about using retirement funds to pay for tuition. For most people, tapping retirement accounts or funding college education before retirement is a bad...

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