Financial Planning

Thomas H. Davenport | When Jobs Become Commodities

Thomas H. Davenport is the President’s Distinguished Professor of Information Technology and Management at Babson College and a Fellow at the MIT …

Intelligence

3 Ways to Prepare for a Market Downturn | Investopedia

With market indexes consistently flirting with all-time highs in recent months, many investors are starting to wonder if and when a downturn in the …

Investing

Kids And Money Smarts? There's An App For That

<i>This is part two of a series on kids and money. You can read the first installment here.</i><p>Remember how your toddlers begged to push the vacuum, sweep, cook and even wash dishes for you? If you’re wishing your older kids were half as interested in chores, Gregg Murset may be your man.<p>A certified …

Kids

Millennials With Credit Cards: Financial Advisors' Daily Digest

LendEDU survey looks at millennials’ use of credit cards.<p>Wisdom Tree: When you think small-caps, think dividends.<p>BlackRock contrasts global central …

Bank of England

What investors need to know about risk

Financial risk and investing go hand in hand. Learn about financial risk and considerations.<p>Anyone who's ever played poker knows that different …

Money

When Should You Take Advice at Face Value? -- The Motley Fool

When it comes to investing and financial planning, you should never take advice at face value.<p>Financial planning can be difficult, and most people …

Retirement

If You Have These Books, You Probably Don't Need a Financial Planner

Some days I wonder why it is that I was never offered a personal finance class in college (even as a business minor, I learned supply and demand …

Personal Finance

Robo Advice is here to stay, now let’s clear up the confusion

It may be a hot topic for investors, but what does the term “robo advice” actually mean? Here is some much-needed clarity from Netwealth COO and …

Money

What to do with your first $1,000 in savings

<i>What should you do with your first $1,000 in savings (once you get it)? -- Alyssa</i><p>So you've finally started working and managed to save up a little cash. But with so many goals competing for your attention, what should you prioritize?<p>First of all, congratulations! You're off to a great start. Here …

Roth IRA

5 Financial Commandments All New Professionals Need To Know

The transition between college and the so-called “real world” is a bracing one. Moving, job hunting, and figuring out student loan payments can be overwhelming, and it doesn’t help that for all the classes colleges offer, Intro to Personal Finance is rarely one of them. When I graduated from …

Credit Scores

Money Basics: What is an annuity?

<b>Welcome to Money Basics, Yahoo Finance’s new personal finance series offering quick explanations for some of the most important terms involving your</b> …

Retirement

Managing client expectations: Two advisors weigh in

In any relationship, both parties have expectations – whether between spouses, business partners, friends or even financial advisors and their clients.<p>And when relationships last over time, that’s a sign both parties’ expectations are being met. But when you’re a financial advisor, what does it …

Finance

Five top financial questions for women

DENVER – Money matters can be tough, and sometimes women have different concerns than men. We sat down with Morgan Stanley financial advisor Shelley …

Denver

8 Rumors To Ignore If You Actually Want To Retire

As a financial planner who has been around for a while, I’ve overheard plenty of wild claims about retirement and money.<p>If I had a dollar for every person who told me their whole life insurance plan worked like a savings account or that their variable annuity was the best investment available, I …

Retirement

How Advisors Can Partner With FinTech

FinTech company YCharts is a prime example of how advisors can strategically partner with a financial technology company.<p>YCharts is transforming …

FinTech

Discount Rates For Social Security Or Pension Decisions

Executive Summary<p>For most people, making financial planning decisions involves an evaluation of financial trade-offs. In fact, any decision about …

Social Security

Court sentence in multimillion fraud scheme

A massive money laundering case unfolded on Tuesday in a Swiss cantonal court where an Englishman, his wife and a financial adviser were found guilty …

Fraud

Are Financial Advisors Worth It? -- The Motley Fool

If you're thinking "I need a financial advisor" and wondering how much to pay and when you should hire one, here are your answers.<p><i>"When you have an</i> …

Retirement

How to Help Your Kid Get a Credit Card in College - NerdWallet

Once the graduation confetti settles, you should mentally add “help your kid get a credit card” to your parental pre-college checklist. But getting a …

Personal Finance

Where To Find Hourly Financial Planners

<i>Are you paying a percentage fee? Check out our list of alternatives.</i><p>You have, let us suppose, a fair amount of savings yet an uncomplicated financial life. Where do you go for investment advice?<p>A planner who bills by the hour would be an ideal choice. You’d quickly work out an investment allocation …

Money

How Charitable Giving Can Impact Your Taxes

Charitable giving during the holiday season is a recognized tradition all over the world. From donating to your favorite charity to volunteering at a …

Retirement

4 Opportunities You Miss Out On When You Only Start Investing In Your 40s

As you get older, your priorities in life will change. In your 40s, you are no longer just providing for yourself, but also your parents and …

Money

7 key steps to make sure you don’t outlive your money

Making your money last throughout your lifetime used to be easy: Retire at 65, buy bonds, and live off your pension and Social Security. No sweat. …

Retirement Planning

Are Women Better Investors Than Men?

It’s the age-old financial “battle of the sexes” question. Who are the better investors- men or women? No doubt many of us have bantered this …

Personal Finance

Personal Investor: Does your advisor really know you?

Dale Jackson<p>Your Personal Investor<p>Follow|Archive<p>A new report from the Ontario Securities Commission suggests financial advisors aren’t taking enough …

Money

How One Immigrant Started Her Financial Journey in the U.S.

When you’re building a life in a new country, few things are as important as creating a solid financial footing for yourself or your family.<p>We asked …

Personal Finance

3 Reasons the Housing Market Is Strong

3 Questions to Ask Your Advisor<p>With interest rates still low, could now be a good time to refinance my home?<br>• How might an unexpected drop—or increase—in my home’s value affect my retirement strategy?<br>• Could purchasing a second home be a good investment for me?<p>Connect with an advisor and start a …

Merrill Lynch

5 Places Your Retirement Savings Could End Up (and How to Avoid 4 of Them)

Without careful planning, your hard-earned nest egg could be lost to these common pitfalls.<p>After more than 25 years as a financial adviser, I’ve …

Retirement

How To Enlarge The Middle Class: Financial Advisors' Daily Digest

Kevin Wilson discusses the causes and potential solutions to the plight of the shrinking middle class. Your humble correspondent offers his …

Middle-class

What To Expect (With Your Finances) When You're Expecting

Five years ago, my wife and I found out we were having our first baby. This thrilling moment in our marriage was quickly followed by the sobering realization of the costs involved in raising a child.<p>Many people receive help from family, friends and baby showers in accumulating the big one-time …

Personal Finance