In good times and in bad. In sickness and in health. In Bull and Bear markets. Wall Street gets paid, no matter what. The people who manage your money, and most critically, your retirement, get their 1 or 2 percent every year. Even when you lost one-third of it, as [Keep reading]
Here’s a list of affordable cities that should be familiar to you by now: Cincinnati, Charlotte, Pittsburgh, Omaha. But here’s a list of U.S. cities that are rapidly becoming less affordable: Cincinnati, Charlotte, Pittsburgh, Omaha. In other words, the secret is out. The good news is, many of these [Keep reading]
March Madness? What March madness. Why do we like betting on march madness? We all like to think the annual college basketball tournament is about amazing upsets, but it’s not. In the same way, we like to think that investing is about picking great stocks. It’s not. People who think [Keep reading]
Everyone in the tech/security world knew this was coming, we just hoped we were wrong. Hackers are now holding hospitals hostage around the country. During the past several weeks, smaller hospitals have been subject to ransomware attacks by hackers and virus writers. Ransomware attacks have been around for a long [Keep reading]
We warned you about student debt “relief” companies three years ago. Since then, I’ve heard plenty of stories from scared students desperate for help who were steered the wrong way…on expensive detours that didn’t actually help reduce their debt burdens. Now, federal regulators are taking notice. The Consumer Financial Protection [Keep reading]
America’s new love affair with auto leasing offers some unexpected good news to drivers looking for used car bargains. A coming glut of end-of-lease cars will dump millions of used cars on the market in the next year or two, almost certainly lowering prices on relatively low-mileage, late-model cars with [Keep reading]
(If you are here just to see the Big List of affordable and unaffordable cities to start a family, scroll to the bottom). “Requiem for the Stater Home” was one of the most important stories I’ve written as part of The Restless Project, I believe. In it, I explain that [Keep reading]
The folks at Acorns / Grow recently asked me to write a piece on rookie investing mistakes, which I’m proud of. You can read it here. The seven I shared with them include not investing enough, not risking enough, trying to time the market, and ignoring fees. If you are [Keep reading]
There is much discussion about the inability of young people to buy homes — let alone move out of their parents’ homes — and how the lack of first-time buyers is hurting the entire housing market. Plenty of charts and data, including stories we’ve run on Credit.com, show how unaffordable [Keep reading]
We know that Americans are concerned about their cars being hacked. We also know that some consumers believe criminals are “hacking” into their parked cars and committing “snatch and grab” crimes using devices that simulate newfangled keyless entry systems. It’s quite scary to see the lengths people would go through. [Keep reading]
Bob Sullivan