| Aug 16, 2013
| 6:50 PM
Dear Liz: If I plan to stay invested for more than 15 years and I can tolerate the ups and downs of the market, why would I want to put any of my 401(k) money into bonds instead of putting it all in various stock funds? The bond funds in my 401(k) have...
| Aug 25, 2013
| 10:30 AM
Q: I reluctantly co-signed a loan for my son and recently got a letter saying that the loan is in default. Will this affect my credit even though I'm simply the co-signer? – A.J., Orlando
A. If a loan goes into default and you are a co-signer, you...
| Apr 15, 2012
On April 15, everyone's in favor of tax reform.
Nobody can survive the ordeal of preparing a federal income tax return without concluding that there must be a simpler, fairer way to pay for the federal government.
And so — as inevitably as death...
| Oct 22, 2012
With the first round of the Los Angeles mayoral election still more than four months away, the race has taken shape in recent weeks, largely because of two developments that have scrambled the handicapping of the contest.
First, it became clear that...
| Aug 11, 2013
| 10:00 AM
Q: I am thinking about selling some investment land that currently has a loss. Can I offset the long-term loss from the land against some long-term gains from stocks that I sold this year? – C.C., Orlando
A: As long as you owned the land for...
| Dec 8, 2013
| 5:00 AM
Dear Liz: I will be inheriting around $300,000 over the next year. My instincts are to pay down debt with this money. I have two homes and for practical reasons need to keep them. One home has a $260,000 mortgage balance at 5%. The other has a $130,000...
| Jul 16, 2013
| 8:56 PM
As if you haven't been scared enough by the projections that most Americans haven't saved enough to maintain their lifestyles as they enter retirement, here's something even more terrifying:
Nearly half of all Americans will outlive their assets,...
| Dec 6, 2013
| 12:30 PM
The latest news out of Detroit isn't good. To get its fresh start, this once great but now bankrupt city is going to stick it to municipal employees and retirees.
City retirees there haven't enjoyed exactly lavish pensions, but what they had was...
| Aug 4, 2013
| 11:09 AM
Q: I have about $80,000 in my 401(k). I am still working but thinking about retiring. If I choose to retire, is there an investment out there where I could get a lifetime income at say 4 to 5 percent? — W.R., Ocoee
A: Yes, there are several...
| Nov 28, 2012
The darlings of cautious investors are sitting on the edge of the "fiscal cliff" and feeling twinges of tax anxiety.
Much to the surprise of some investors, dividend-paying stocks — sleepy investments like utilities — along with real...
| Jul 19, 2013
| 8:04 PM
Dear Liz: My partner passed away a little more than a year ago. I inherited his 401(k) and life insurance. I opened an IRA in which to place the amount of the 401(k), but the company told me that after a year (which is now), I have to withdraw the money...