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The warnings have sounded. In a dress rehearsal for the drama that might lie ahead in bonds and stocks, investors are discovering that some of the investments they thought would be fairly safe for income can deliver sudden losses. Popular dividend-...
By Melissa Harris and Gail MarksJarvisHow do the wealthy stay wealthy? The mandatory financial disclosure released last week by commerce secretary nominee Penny Pritzker provides a rare look at an American billionaire's entire investment portfolio. Pritzker inherited much of her wealth,...
The quest by states and mutual fund companies to capture the $179 billion that people are saving for college in 529 plans has led to improved investments and more reasonable fees for college savers. In a study of the plans offered by states throughout...
Call it the "cockroach theory." It's the assumption among investors that if one cockroach takes you by surprise, there are more to come, even if you see no sign of another at the moment. You apply the same thinking to investing as you apply at home....
What do you do if you are loaded down with credit card debt but you know you should be saving for retirement? Do you concentrate on getting rid of the debt, and put off saving in the 401(k) or IRA for later? Or do you save now, pay off later? There...
"Dancing is not my forte," OfficeMax Chief Executive Ravi Saligram said on an analyst call with Office Depot CEO Neil Austrian to discuss the merger of the office supply retailers. "Notwithstanding this, I joined Fred Astaire Dance School, and lo and...
It's IRA time, with people opening individual retirement accounts after doing their tax returns and then fretting over where to invest the new money. Some labor over the decision, figuring there is one right fund. Yet, if you already have a balanced...
Look at your cute baby, and imagine the little tyke wearing a high school cap and gown about 17 years from now. Picturing the child holding a diploma, when he or she can't even hold a rattle yet, is probably next to impossible. But that day will come....
The magic is gone … the infatuation over. Wealthy investors who thought a few years ago that brainy hedge fund managers would show them the money have shed their rose-colored glasses. Individuals are no longer enamored with the funds, and for...
A sampling of how it works for a rock 'n' roll band in middle age: The bass player and drummer drive in for rehearsal from the suburbs where one of them is an interfaith counselor and the other, for a time, operated a fresh-bread franchise. One...
The year Herman Wouk was born, Woodrow Wilson was in his first term in the White House, the Lusitania's sinking was on the front page and "The Birth of a Nation" was playing in silent movie theaters. In the 97 years since, with such books as "The Caine...
Tags: Literature, Fred Allen, Skype, Movies, Religious Texts
Could it happen again? Could your retirement plans end up in shambles, and your college savings tattered? As investors see the stock market repeatedly climbing to new records lately, some people want to know that they will be safe this time. They'd like...
Tags: Finance, Stock Market, Financial Planning
Jun 19, 2013 |Column| Chicago Tribune
May 19, 2013 |Column| Chicago Tribune
Oct 19, 2012 |Column| Chicago Tribune
Jul 9, 2007 |Column| Chicago Tribune
Sep 14, 2012 |Column| Chicago Tribune
Feb 24, 2013 |Column| Chicago Tribune
Mar 1, 2013 |Column| Chicago Tribune
Feb 3, 2013 |Column| Chicago Tribune
Jan 30, 2013 |Column| Chicago Tribune
Jan 17, 2013 |Column| Chicago Tribune
Dec 19, 2012 |Column| Los Angeles Times
Mar 15, 2013 |Column| Chicago Tribune
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