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If you can define compound interest and inflation, then pat yourself on the back!A recent report by the Securities and Exchange Commission finds that most…
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There are few guarantees in the world of finance. Every investment involves risk. But one thing is guaranteed: everyone makes mistakes.On this week's…
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Municipal bonds are relatively safe investments. So insured municipal bonds should be a sure thing, right?That's not a safe assumption.Thanks to the…
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Last Friday, India's main stock index suddenly experienced a 16% drop in value. $58 billion temporarily vanished in the blink of an eye thanks to a…
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The numbers are staggering. Three-quarters of the population approaching retirement (aged 50 to 64) earns less than $53,000 a year. That group has saved…
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As legendary money manager Peter Lynch once said, "Insiders might sell their shares for any number of reasons, but they buy for only one; they think the…
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Individual Retirement Accounts (IRAs) are great for planning your financial future. But if you don't pay attention to the rules, you could find yourself…
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Last summer, financial commentator Greg Heberlein became more pessimistic about the economic recovery, predicting it would take 10 to 15 years to get back…
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Have you ever received a letter from your bank stating "we have learned that some information from your credit card account may have been compromised at…
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One of the great debates among those approaching retirement is whether to take Social Security benefits at age 62, 66 or 70. There's no one-size-fits-all…