Heidi N. Moore
Mar 8, 2012 Private investors are being asked to accept big losses on their loans to Greece, in order for the country to get more bailout money and avoid a messy default that could send Europe back into crisis. About two-thirds of bondholders so far have agreed.
Mar 8, 2012 My problem is that my brother (in his late 20s) is super lazy and would never do any financial planning on his own. I've been trying to get him to open a Roth IRA for a while, but no chance. So now I'm thinking of starting one for him for his birthday and setting it up so a certain portion of his paycheck will transfer automatically. But there's no way he will ever be motivated/responsible enough to do his own investing. I'm not sure what strategy to follow because I don't want to do his investments for him. Is it worth hiring a professional? Do the major online trading sites (Etrade, Vanguard, ScottTrade, etc.) offer some kind of package where you just add some money and it is professionally invested for you? Any advice you have would be greatly appreciated!! Thank you! Laura, Chicago, IL
Mar 7, 2012 I don't think investors should fear the march of time. The specter of a baby boomer-driven stock and bond market implosion seems implausible to me largely because of the move toward market economies around the world. By the time retiring boomers are selling in earnest, markets will be even more global than they are now. There are a lot of foreigners to buy U.S. assets.
Feb 27, 2012 College dropouts don’t get the job, earnings and career benefits of postsecondary education, but they do get a student loan repayment book.
Stacey Vanek Smith
Mar 7, 2012 So much for the end of crazy credit card solicitations -- card companies have become more aggressive than ever. We look at which solicitation techniques work and why.
Feb 24, 2012 Reporter Mitchell Hartman discusses the need for Marketplace's new Wealth & Poverty desk.
Feb 24, 2012 Whether you want to lose weight or save money, you're gonna need the secret ingredient: willpower. Psychologist Kelly McGonigal discusses the art and science of self control.
Feb 17, 2012 Yep, that’s trillion with a “T”.
Feb 17, 2012 Tess talks with David Lazarus of the the Los Angeles Times about how to cope with possible identity theft, the tax implications of airmiles and handling your credit profile when collectors come calling.