| May 28, 2014
Love it or leave it ... or play the wallflower.
The wallflower role has been the preferred stance in the stock market this year. Investors have been willing to hang around after the thrill of 30 percent gains last year and modest growth in corporate...
| May 29, 2014
| 7:34 AM
Fixed mortgage rates declined for the fifth straight week, with Freddie Mac reporting that lenders were offering 30-year home loans at an average of 4.12%, down from 4.14% a week earlier.
The average offering rate for a 15-year fixed loan fell to 3.21%...
| Jun 3, 2014
| 6:30 PM
Common stock investors have certainly been pleased with the overall stock market performance over the last five years. For example the S&P 500 index increased 19.1 percent in that period; Vanguard's total stock market index fund has increased 19.6...
| May 15, 2014
| 7:47 AM
Mortgage rates edged down a hair this week, hovering at the lowest level in six months, with Freddie Mac reporting that lenders were offering 30-year fixed home loans at an average of 4.2% compared to 4.21% a week earlier.
The average rate for a 15-year...
| Jun 8, 2014
| 5:14 PM
When California voters approved $9 billion in funding for a bullet train in 2008, the ballot measure included the strictest engineering and spending controls ever placed on a major state project.
Voters were told that the high-speed trains would hit 220...
| Jun 19, 2014
| 2:21 PM
Searching for a place to stash cash is frustrating.
You could put the money in a savings account and earn virtually nothing. You could put it in a money market fund and suffer the same fate. You could select a short-term bond fund, but you will get...
| Mar 28, 2014
| 11:17 AM
Park Ridge Finance Director Kent Oliven recently told aldermen that, as things currently stand, the city will have to raise its property tax levy by 16.38 percent, or $2.9 million, in December to cover the ballooning debt to a special taxing district used...
| May 28, 2014
| 2:30 AM
Kiplinger's Personal Finance
Wise investing requires selling your stocks at regular intervals to respond to changes in your life and your portfolio. Once you've sold your stocks, you'll need to reinvest the proceeds. We suggest some ideas below that will...
| Jun 18, 2014
| 5:41 PM
As lawmakers struggle to craft a water bond proposal for voters, there's a huge reservoir of wonderful, non-controversial project ideas. But practically everyone is suffering from tunnel vision. Literally.
Not just the politicians, but —...
| May 13, 2014
| 4:23 PM
Former Treasury Secretary Timothy Geithner's memoir, "Stress Test," is being picked apart fairly intensively by the Washington and Wall Street press gangs, who are busily retailing the book's snarks and slights.
We're more interested in a nugget in...
| May 8, 2014
| 8:28 AM
After a recent past that can only be described as rocky, the Broward School Board wants voters to approve an $800 million bond referendum this November.
I'm going to withhold final judgment for now, but let me clue in superintendent Robert Runcie and...