Since I started working as a financial advisor I have had so many people ask me the same question, “What is the difference between a Roth IRA and a Traditional IRA?” I am going to lay out the basics below on the differences,...
Nearly half of 30-year-olds earn less than their parents did at that age. The impact on politics has been clear: a new spirit of populism and unrest. The engine of capitalism is struggling to create the abundance that was once...
Tax prep companies are coming to grips with an age-old business convention: Once you give it away for free, no one will want to pay for it ever again. The industry is offering more free online options for do-it-yourself tax...
Advice on timing deductions, avoiding wash sales and keeping rental income tax free. Haste makes waste, especially in the increasingly complex and often counterintuitive world of taxes. As the year draws to a close, many taxpayers scramble to take advantage...
Even the investment greats are not immune to the troubles plaguing the hedge fund industry. With months of poor returns and investor redemptions having hit many hedge funds across the industry, the biggest news out of the hedge fund world...
Giants such as Baidu and Alibaba create their own economic gauges. Wu Haishan was at Princeton studying how schools of fish swim together when the crowd behavior of a much bigger group grabbed his attention: his 1.35 billion fellow Chinese....
The housing bust is officially over, 10 years after it started. But like much else in the economy, the real-estate recovery has benefitted the wealthy more than others, with many ordinary folks still falling behind. A prominent gauge of home...
Get your toys now, but hold off on the gym memberships. Hopefully, you haven’t finished your holiday shopping yet because December is the best time to buy many great gifts. Of course, even if you aren’t shopping for anyone this month, there...
Many company 401(k) retirement savings plans could use a swift kick into the 21st century, according to a new report from the U.S. Government Accountability Office. A number of longtime 401(k) plan designs fail to reflect a new, more mobile workforce, hurting employees’ ability...
Senior EU officials fear allowing Britain to exit on its own terms could empower far-right candidates in France and Germany. European leaders have reportedly come to a 27-nation consensus that the UK must be forced into a hard Brexit in order to counter...
Donald Trump invoked China so much as a candidate that his mere pronunciation of the word became something of a craze. When he becomes president on Jan. 20, Trump will have the chance to take action against the country he blames the most for stealing...
You might get a better interest rate, but beware these risks. Opportunities for student borrowers to get new terms on their debt have surged in the past few years. But there’s still plenty of confusion about who qualifies for refinancing...
Parallels in price action and voters' concerns. Donald Trump has predicted that today will be "Brexit times 10" for the U.S. If it is, financial markets are about to go haywire. Luke Kawa | Bloomberg
...Presidential election? What presidential election? For the last three months, Down Ticket has been obsessing over every race that isn’t Donald Trump vs. Hillary Clinton — and we’re not about to stop now. As you may have heard, it’s Election...
A new paper lays out the dangers of one-size-fits-all savings advice. What assumptions are you making? If you're relying blindly on hallowed personal finance averages—planning for 40 years of work, saving 15 percent of salary—you could be in for a...
