Dec 4- Some day, perhaps soon, interest rates are going to start to go up decisively. Personal finance writer Suze Orman, for example, has stated the case, equating that right to get your principal investment back with carrying a lower risk. Cliff Asness co-founder of AQR Capital Management writes in the Financial Analysts Journal.» Read More
60 years old, divorced, and forced into early retirement... One viewer's 401(k) is down 25% from its all-time high. How should a 401K account be allocated? What’s an appropriate allocation for someone in this situation? What's the possibility of another market freefall?
The Mad Money host has a plan to help US households recover their savings.
Question: I’ve been thinking about retiring for a few years now but I’m really concerned about how expensive everything is. I’m still working and wondering if I’ll ever have enough to retire. How do you help people cope with high inflation? Phillip, CT
Shocking news out of Britain today: Queen Elizabeth II could run out of money by 2012 unless the government steps in and gives her a raise! But with a recession going on, it might behoove the queen to set an example for her subjects and get a real job. Here are a few suggestions for how the queen can make a buck—er, pound.
Cramer makes the case for why you shouldn’t. Here are his updated rules for staying in the game.
In honor of Bernie Madoff's incarceration, satirist Andy Borowitz has reprised his popular tome, “Who Moved My Soap? The CEOs Guide to Surviving in Prison,” with a special Bernie Madoff edition. He offers all sorts of helpful tips, including: what to pack, a guide to prison lingo, how to feng shui your cell and "Seven Habits of Highly Effective Prisoners."
It used to be that when a millionaire walked into his financial advisor’s office to talk about retirement, all he wanted to know was: Will I have enough money to maintain the yacht-and-caviar lifestyle to which I’ve grown accustomed? Now, they’re worried about running out of money.
It sounds like something out of "Monty Python and the Holy Grail," but it is actually a technical analyisis indicator with a stellar track record.
Question: As a self-employed empty nester, what advice can you give to starting our retirement nest egg at this late date? My husband and I are both in our early 50’s. We would like something simple that we can contribute small ($50) amounts to at a time.
Has the economic crisis actually been a good thing for your retirement savings? If you asked this question, most people, still reeling from the hit their 401(k)'s took from during the market's dive, would think you were nuts. But every cloud has a silver lining, and there is at least one potential plus-side to what we've been though over the past year.
Using current rates for 3-month Treasury Bills, it will take 360 years to double your money in cash. Not terribly promising for those of us approaching our golden years.
Washington blessed them as a way to put your 401(k) on automatic pilot and glide safely toward retirement. But popular target-date mutual funds have badly missed the mark - and now regulators are asking why.
A group of well-to-do German senior citizens, who lost their savings in the credit crunch, staged a revenge attack and held their terrified financial advisor to ransom, according to several published reports Wednesday.
Question: I’m a 57 year old clinical physician thinking about slowing down in the next few years. I don’t feel I have enough money to retire but maybe I do? How do you analyze a client’s finances to make this determination? Any thoughts you could provide would be greatly appreciated. Lia, MA
If you talk with 10 different advisors, they’ll all have their own opinion as to what the best way to invest for retirement is. Some prefer actively managed investments. Some prefer passively managed investments. Some like to trade daily while other advisors like me prefer a combination of actively and passively managed investments. The point is, you need to do some homework and figure out what strategy resonates with you.
Question: I'm looking for more details about annuities. Do they all have fees? My sister says that hers cost her nothing and they "gave" her $5,000 for putting in about $50,000. Do they do that? I keep hearing about large fees and hidden costs, but she said that she started with $110,000 and they haven't taken anything so far in the past 18 months. Has she been taken?
Annuities are the only investment that can guarantee you an income for life, Bill Losey explains.
People in the business community often argue against expanding public health care and pension benefits, arguing that this would raise taxes and that the private sector can do a better job providing those benefits than the government. But the evidence is mounting that the private sector can't.
Bill Losey says it starts with retiring when all you really need is a break.
Two of our certified financial planners offer ideas and strategies for the average investor.