| Dec 22, 2013
| 10:06 AM
Q: My 18-year-old son has saved $3,000 from his job. Can he open up a Roth IRA with that money? — B.R. Orlando
A: Yes he can. Congratulations to you for helping him start to save and invest at such an early age. — Nancy Hecht
Q; I have 5...
| Dec 18, 2013
| 5:52 PM
NEW YORK — The long-feared tapering of economic stimulus by the Federal Reserve powered the stock market to its latest record high as investors rejoiced at the prospect of stronger growth next year.
The Dow Jones industrial average catapulted...
| Dec 19, 2013
Even addicts know they can't keep overdosing without doing themselves horrible harm.
And that's how investors responded Wednesday when they learned from the Federal Reserve that they eventually are going to have to kick the habit of relying on the Fed's...
| Nov 24, 2013
The half-cent sales tax approved by L.A. County voters in 2008 has already changed the landscape of Los Angeles.
The Orange Line busway extension to Chatsworth opened three years ahead of schedule. Construction is underway on two light-rail lines...
| Dec 16, 2013
| 2:00 AM
City officials on Monday will consider issuing $35 million in bonds for the massive Harbor Point development — among the final steps before construction can begin on the $1.8 billion waterfront project.
Such bond issues by the city's Board of...
| Dec 11, 2013
Just one month after Winnetka reaped the benefits of an investor bidding war, bond traders' enthusiasm appeared to have been dampened by a shaky market last week, leading to a slightly higher interest rate as the village issued $7.5 million in bonds to...
| 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...
| Nov 10, 2013
| 9:02 AM
Q: My mother recently gave me about $5,000 worth of EE savings bonds she had purchased in the 1980s. My name is on them as co-owner. Her intention is for me to use the funds to care for her pets in the event she passes before they do. Should I cash them...
| Oct 30, 2013
Anticipating the Securities and Exchange Commission's actions can feel like waiting for Godot. The SEC has been sitting on a petition for a new rule requiring publicly traded companies to disclose to shareholders what corporate funds are spent on...
| Oct 29, 2013
| 5:00 AM
WASHINGTON — The Federal Reserve has taken unprecedented steps to stimulate the economic recovery from the Great Recession, but the tab has risen to such tremendous proportions — fast approaching $4 trillion — that some worry the central...
| Nov 25, 2013
| 10:30 AM
The federal health care marketplace isn't the only government website that can generate hair-yanking moments. Try buying U.S. savings bonds in the digital domain.
The holiday season is a peak period for parents and grandparents to purchase bonds as gifts...