The stock market’s recent weakness could be particularly hazardous to your wealth if you’re male, above the age of 45, married, have more dependents, or think you have excellent investment knowledge. That’s because investors in these demographic categories are more likely to react to the market’s decline by freaking out and “panic selling.” And if … Read more
Geber86 | E + | Getty Images Inflation may have you worried about your retirement. Prices have been rising on everything from food to housing. In April, the Consumer Price Index, which measures the prices of goods and services, notched an 8.3% increase in from a year prior. In fact, 70% of Americans are calling … Read more
Do you have the right portfolio for your retirement savings? When it comes to long-term investing, the biggest issue – by far – is overall asset allocation: How much to stocks, sectors, assets and so on. Picking individual securities within those asset classes – individual stocks or bonds, for example – usually turns out to … Read more
I am doing OK financially as a single 29-year-old who unfortunately is still roommates with my mom. We split everything down the middle and I mainly stay with her since it is very expensive to live on your own in my city, and it also helps relieve a lot of financial stress on my mom … Read more
Three experts gave CNBC the lowdown on how to invest if you want to retire within the next 10 years. .
I am a 39-year-old single father of one 16-year-old son. I have $ 70,000 in liquid savings, $ 530,000 invested in individual retirement accounts and owe $ 210,000 on a home worth $ 500,000. I also owe about $ 20,000 on my car. My take-home income is $ 7,200 per month and my monthly expenses … Read more