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Inside Penny Pritzker's portfolio: How a billionaire invests
How do the wealthy stay wealthy? The mandatory financial disclosure released last week by commerce secretary nominee Penny Pritzker provides a rare look at an American billionaire's entire investment portfolio. Pritzker inherited much of her wealth,...Tags: Blue Chip Stocks, Personal Finance, Mutual Funds, Sales, Real Estate
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For owners, it's more than puppy love
Your friends are cooing about their new baby. Oh, yeah, it's a dog.
"Pets have become the first child," says pet industry analyst R.J. Hottovy, explaining why even in tough economic times, spending on our animals continues to climb.
Instead of investing...Tags: Rabies, Pets
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Rosenthal: Who will lead office-supply tango?
"Dancing is not my forte," OfficeMax Chief Executive Ravi Saligram said on an analyst call with Office Depot CEO Neil Austrian to discuss the merger of the office supply retailers. "Notwithstanding this, I joined Fred Astaire Dance School, and lo and...Tags: Mergers, Acquisitions and Takeovers, Companies and Corporations, Corporate Officers, Sales, Restructuring and Recapitalization
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'Unloved' funds urged as strategy to embrace
It's IRA time, with people opening individual retirement accounts after doing their tax returns and then fretting over where to invest the new money. Some labor over the decision, figuring there is one right fund. Yet, if you already have a balanced...Tags: Career and Workplace, Mutual Funds, Labor Legislation, Casino and Gambling Industry, Credit Ratings
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Sooner or later, bear market will growl back
Could it happen again? Could your retirement plans end up in shambles, and your college savings tattered? As investors see the stock market repeatedly climbing to new records lately, some people want to know that they will be safe this time. They'd...Tags: Finance, Financial Planning, Stock Market, Economy, Business and Finance
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Never too early to plan for college expenses
Look at your cute baby, and imagine the little tyke wearing a high school cap and gown about 17 years from now. Picturing the child holding a diploma, when he or she can't even hold a rattle yet, is probably next to impossible. But that day will come....
Tags: Personal Finance, 401K, Mutual Funds, Colleges and Universities, Labor Legislation
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MarksJarvis: 'Just trust me' allure of hedge funds gives way to 'buyer beware'
The magic is gone … the infatuation over. Wealthy investors who thought a few years ago that brainy hedge fund managers would show them the money have shed their rose-colored glasses. Individuals are no longer enamored with the funds, and for...
Tags: Bernard Madoff, Yale University, Mutual Funds, Credit Ratings, Finance
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Music story isn't over yet for Dolly Varden
A sampling of how it works for a rock 'n' roll band in middle age: The bass player and drummer drive in for rehearsal from the suburbs where one of them is an interfaith counselor and the other, for a time, operated a fresh-bread franchise. One...
Tags: The Head and the Heart (music group), Concerts, Dolly Parton, Old Town School of Folk Music, Music
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MarksJarvis: Dividend stocks risk a drop as 'fiscal cliff' approaches
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...
Tags: Investments, 401K, Mutual Funds, Fiscal Cliff, Realty
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Stock markets' pause button looks like the best call
You know how necessity is the mother of invention? Well, superstorm Sandy was a mother all right. The waterlogged island of Manhattan — a nerve center for the nation — was effectively quarantined, its bridges and tunnels closed. In Midtown,...
Tags: David Letterman, New York City, Jimmy Fallon, September 11, 2001 Attacks, New Canaan
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Improvements on rise for 529 college savings plans
The quest by states and mutual fund companies to capture the $179 billion that people are saving for college in 529 plans has led to improved investments and more reasonable fees for college savers. In a study of the plans offered by states throughout...
Tags: Personal Finance, Education, Mutual Funds, Colleges and Universities, Federal Deposit Insurance Corporation
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Herman Wouk, a novel force
The year Herman Wouk was born, Woodrow Wilson was in his first term in the White House, the Lusitania's sinking was on the front page and "The Birth of a Nation" was playing in silent movie theaters. In the 97 years since, with such books as "The Caine...
Tags: Religion and Belief, Literature, Skype, Jane Eyre (movie), Religious Texts
May 19, 2013
|Column| Chicago Tribune
Apr 29, 2010
|Column| Chicago Tribune
Feb 24, 2013
|Column| Chicago Tribune
Mar 1, 2013
|Column| Chicago Tribune
Mar 15, 2013
|Column| Chicago Tribune
Feb 3, 2013
|Column| Chicago Tribune
Jan 30, 2013
|Column| Chicago Tribune
Jan 17, 2013
|Column| Chicago Tribune
Nov 28, 2012
|Column| Chicago Tribune
Oct 31, 2012
|Column| Chicago Tribune
Oct 19, 2012
|Column| Chicago Tribune
Dec 19, 2012
|Column| Los Angeles Times
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