Submitted by Anonymous on Mon, 05/18/2015 - 4:01pm
In the famous scene from The Graduate, Ben is cornered by guests at his college graduation party who ask, “What are you going to do now?” One man offers a single word of advice: “Plastics.” By the movie’s end, Ben is still clueless about his future. And there most likely will be thousands of versions of Ben among the 4 million students receiving advanced degrees this month.
Submitted by Anonymous on Mon, 05/11/2015 - 1:40pm
More and more investors are telling me that their portfolios have now fully recovered from the 2008 stock market crash. I respond in my typical tactless way by telling them their performance has been awful. That’s because stocks are now 64 percent above their pre-crash high.
Submitted by Anonymous on Mon, 04/27/2015 - 3:08pm
Last week, the editor of a newspaper in the Pacific Northwest emailed to check a reference for one of my former students. A position had opened up because the editor had let go a staffer who kept misspelling the names of people in photo captions.
Submitted by Anonymous on Mon, 04/20/2015 - 2:20pm
For decades, the three-legged stool was the metaphor for funding retirement: Social Security, pensions and savings/investments. Because of the recession and drop in pensions, the stool started to shake. That hasn’t escaped the notice of our adult children as they watch parents head into retirement.
Submitted by Anonymous on Mon, 03/09/2015 - 3:00am
Six years ago today, the Standard & Poor’s 500 Index closed at 676.5, which represented a 56 percent decline in less than 18 months. Many a shell-shocked pundit predicted then the bloodbath was not over, such as this article warning that it would take eight years to recover, possibly longer.
Submitted by Anonymous on Tue, 02/24/2015 - 1:12pm
So it’s time to get real about mutual fund fees. Sure, they’re lower than ever for many funds, especially those that track an index. In fact, the average fund fee is now 1.25%, according to Chicago-based Morningstar.
Submitted by Anonymous on Tue, 02/24/2015 - 8:31am
Think about retiring from your job with no savings—not even a little bit—just debt. Unfortunately this is the case for one in five Utahans according to a new study released recently by Notalys LLC. This news is troubling, to say the least. To make matters worse, with 45% of working age hous