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Personal Finance

A collection of news and information related to Personal Finance published by this site and its partners.

Top Personal Finance Articles

Displaying items 34-44
  • Vince Young files for bankruptcy protection

    Vince Young files for bankruptcy protection
    Vince Young made $34 million in his six years as an NFL quarterback. Last week, the 30-year-old Young filed for Chapter 11 bankruptcy protection. “[Young] invested in private, illiquid investments, and he overspent,” said Ed Butowsky, a...
  • Los Angeles Times Ethics Guidelines

    June 2014 INTRODUCTION The goal of the Los Angeles Times is to publish news and information of the highest quality. This requires The Times, across its entire portfolio of editorial products, to be, above all else, a principled news organization....
  • A Giant Returns After Massive Overhaul

     A Giant Returns After Massive Overhaul
    The Hartford Financial Services Group endured a massive overhaul in the past year and a half that resulted in a smaller company with far fewer employees. The remaining employees, however, say they enjoy working for a property-casualty and mutual funds...
  • A Spinoff Company Nurtures Its Assets

    A Spinoff Company Nurtures Its Assets
    Everyone is treated like an important part of the company at Virtus Investment Partners, the Hartford-based asset management firm that spun off from The Phoenix Cos. five years ago. And that's not just lip service at the fast-growing asset management...
  • Memories of the financial crisis, five years later

    Memories of the financial crisis, five years later
    The excited voices on CNBC radio riveted financial adviser John Bacci's attention as he drove to Chestertown five years ago for a routine client visit. The stock market was in freefall that Sept. 29 after Congress rejected a $700 billion rescue of the...
  • Actively managed mutual funds fall short again — and investors notice

    In the last five years, stock mutual fund managers had two big opportunities to show how much they deserved your money — and trust. First, they could have limited your losses in the harrowing 2008-09 market crash. Second, they could have...
  • Your mutual funds and the 'Random Walk'

    Your mutual funds and the 'Random Walk'
    Continuing a trend that dates back at least to the dawn of recorded time, actively managed mutual funds--those run by professional stock pickers--recently have been trounced by the market averages. As my colleague Tom Petruno documented over the...
  • High schoolers should be required to take personal finance class

    High schoolers should be required to take personal finance class
    We teach kids a lot in public schools. Courses are offered in everything from calculus to sex ed. One thing we still don't teach our children? How to balance a checkbook. How to create a household budget. How to invest in stocks and manage a 401(k)....
  • Determining goal for windfall will aid in deciding how to invest it

    Dear Liz: Recently my mother passed away. My brother and I were fortunate enough to inherit a substantial amount of money from her life insurance. My brother and I do not want to spend this money and have placed the funds in brokerage accounts. My...
  • In Theory: Should churches hire business consultants?

    In their quest for donations during tough economic times, many churches are turning to business consultants who specialize in helping religious institutions. For example, Eagle Brook Church in St. Paul, Minn. used Dallas company RSI Stewardship, which...
  • Fortunate to be able to take 'practice retirement'

    Dear Liz: I'm in my late 60s and plan to retire in about two years. I have a pension that will pay close to my current take-home income. I also have about $500,000 in annuities and IRAs. These plus Social Security make retirement look good. But right...