John Peterson

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For Millennials, Cash Remains King Over Stock Market

When it comes to millennials’ investment strategy, cash is king.<p>A new survey from Bankrate.com (RATE) finds those ages 18 to 29 are the most likely to say cash is their favorite long-term investment.<p>Thirty-nine percent of people in this age group identified cash as their preferred way to invest …

IRA Rules: What to Do with Inherited Funds

Uncle Mortimer has recently died, leaving your twin sister his $300,000 record collection and you his $300,000 Roth IRA.(1)<p>Your sister Hazel is overjoyed and can’t wait to sell those old 78s so she can buy that new house she’s been eyeing. You, on the other hand, are kind of bummed out. After all, …

Detroit retirees endorse pension cuts in bankruptcy; city praises 'positive decision'

A year after filing for bankruptcy, Detroit is building momentum to get out, especially after workers and retirees voted in favor of major pension changes just a few weeks before a judge holds a crucial trial that could end the largest public filing in U.S. history.<p>Pension cuts were approved in a …

You don't need a new luxury car to get a "heads-up"

The Garmin HUD+ is a clever piece of tech.<p>The hottest auto-tech goodie is the windshield head-up display (HUD), now found in everything from the Corvette Stingray to the new Hyundai Genesis to the upcoming Mercedes-Benz C-Class. But you don't have to shell out luxury-car cash to enjoy it.<p>The $180 …

World's 2nd-richest man suggests 3-day work week

MH17: By defying the West, bully-boy Vladimir Putin could lead Russia to ruin

Europe’s political elite should not fear taking tough measures against an unyielding Kremlin after the Malaysia Airlines atrocity<p>At the height of the Crimean crisis earlier this year, when many feared the tiny Baltic states could be the next target of Vladimir Putin’s bully-boy tactics, local …

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