Zurawik: Let's stop the Hitler talk in the media

Terry Savage

  • Investors need fiduciary rule for protection

    Investors need fiduciary rule for protection

    The Department of Labor's fiduciary rule is in danger. And if you're an investor, that should scare you. The fiduciary rule is simple. It says anyone selling investment products to people with money in retirement accounts must put the client's interest first, and must fully disclose all costs,...

  • Number of identity fraud victims growing

    Number of identity fraud victims growing

    If you think your finances are safer now that you use a chip card, think again. The latest Javelin Identity Fraud Study reports the number of identity fraud victims increased by 16 percent in 2016 to more than 15 million consumers. And the amount the thieves took grew by $1 billion to more than...

  • Online budgeting for seniors is smart move

    Online budgeting for seniors is smart move

    If the very word “fintech” makes you flinch, you're not alone. A 2016 Federal Reserve study found that only 18 percent of people over the age of 60 use mobile banking services (vs. 67 percent between the ages of 18 to 29, and 58 percent ages 30 to 44). In fact, only about half of Americans over...

  • Who will get your money when you die?

    Who will get your money when you die?

    Someone is going to get your money when you die. Do you know who that will be? What a shame if the money you worked so hard to accumulate over a lifetime were to go to the tax collector, your ex-spouse or a relative you haven't spoken to in years. That's why January is a good time to check the...

  • Taking the long view on retirement saving

    Taking the long view on retirement saving

    While economists and stock gurus spend this month making forecasts, ordinary investors are faced with the challenge of figuring out how to allocate their 401(k), IRA and other retirement accounts. To do that well, you don't need a crystal ball to forecast either economic growth or market results....

  • Pension plans no longer a sure thing

    Pension plans no longer a sure thing

    Very few workers today will get pensions. Most company defined-benefit pension plans were changed long ago into 401(k) plans, where your eventual checks will depend on the amount you contributed and the performance of the investments you chose. But for millions of union workers, part of the attraction...

  • Resolution without a plan won't work

    Resolution without a plan won't work

    Don't make a financial resolution — make a plan. Resolutions made at the dawn of a new year tend to have lofty goals: losing weight, stopping smoking, getting out of debt. And while these goals are certainly worthy, it's an old Savage Truth that a goal without a plan is just a dream. The latest...

  • Smart moves to repay student loans

    Smart moves to repay student loans

    Student loans now have the potential to cost the federal government an estimated $100 billion as more borrowers opt for lower income-based payments and eventual loan forgiveness. That's the conclusion of a new report by the Government Accountability Office. With more than $1 trillion in student...

  • Christmas gifts for the financially savvy

    Christmas gifts for the financially savvy

    Every year at this time, I give some suggestions for holiday presents that have real financial meaning for your children and grandchildren. This year, I'd like to start with a gift for parents: an excellent book that should serve as a guide to discussing money with your children from the earliest...

  • Consider a gift that paves way for college

    Consider a gift that paves way for college

    The best gift of all is a good education. So before you start shopping for holiday gifts for your children or grandchildren, consider opening a 529 college savings plan account. These tax-sheltered college savings incentives are easy to open, require no major investment decisions, and this gift...

  • Obamacare shoppers may experience sticker shock

    Obamacare shoppers may experience sticker shock

    This is the time of year when many are faced with choices about health-care coverage for the coming year. People who are not covered by Medicare or employer health plans have to wade through plans offered under the Affordable Care Act, commonly known as Obamacare. They face higher monthly premiums...

  • Election-year uncertainty and the markets

    Election-year uncertainty and the markets

    As Election Day draws near, many people are wondering about the impact on their investment portfolios. To help address that, let's make one large assumption: The American democracy will survive and the American economy will continue to grow and provide jobs in the future. It's an assumption that...

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