Every investor should be concerned with the risk of their portfolio. Yet, in my experience, few are. Whenever I use the words "standard deviation," which is a measure of risk, I can see a glazed look come over my prospective client.
During the past 26 months, Detroit City Council has been more fiscally conservative than the Bing administration, when it comes to managing the City of Detroit's finances. We are reformers who have restored order and unity.
As a consequence of an aging population, more working Americans are finding themselves faced with saving for retirement while sandwiched between financial obligations to children and to parents and older relatives.
It's late December and the holiday spirit is in full swing. Don't let cash registers sink you and your family into big time debt! Here is some great information and resources that will help your family out.
Did pessimism about the future influence people to abandon the hope of saving for retirement, or did a lack of savings lead to the pessimism? One clue may be in the fact that people over 55 are even more gloomy about the future of the economy than the general population.
Women who can support themselves are able to think about divorce entirely differently. Are they still in love? Would it be better for the children, on balance, if they stay or go? They may be unhappy, but they feel they have choices.