Investing

Go Ahead and Buy Happiness

We've heard it a million times: "Money can't buy happiness." It seems sensible enough, doesn't it? After all, you won't find happiness in a jar in any store. (Though sometimes, my morning bo

Quick Take: Will We Ever Learn?

"Go ahead, charge it. Plastico fantastico, baby."

That's what a freewheeling buddy of mine used to say. I don't think he's that careless anymore but, if the numbers are to be believed, millions more of us have yet to bust out of our plastic prisons.

3 Tips for Mutual Fund Millions

It will surprise no one that 70% of America's richest households own stocks, but did you know that 68% own funds?

That's right. For all of the hubbub over Donald Trump and his real estate empire, TNS Financial Services' annual report on America's millionaires found that only 46% had investment property.

Die Smart

When you buy a car, you know you're at a disadvantage dealing with the salesman, right? Think about it -- after all, he sells many cars per week, while you probably only buy one every few years, at most.

Cut the Cost of Cash

By Mary Dalrymple

What would you do if I took your paycheck, stuffed it under my mattress, then demanded money every time you wanted a little bit of cash? You'd probably have me arrested for extortion. Yet millions of us fork over fees to a bank every time we visit an ATM.

Your Child's Financial Plan

I know you've got your retirement plan all set, right? You know how much is in your various accounts and how much your nest egg needs to grow to by the time you retire. You know you've got your money invested as sensibly and effectively as possible.

The Stocks You Need

It's a proven fact that people hate losing money. In fact, according to researchers Daniel Kahneman and Amos Tversky, it physically pains us.

With that as background, it's easy to understand why so many people who are planning for retirement have made protecting their principal paramount. And they're likely succeeding. After all, it's easy to protect your principal as along as you invest in nearly risk-free investments such as CDs, Treasuries, and high-grade bonds.

Invest Early and Often

By Amanda B. Kish, CFA

George Bernard Shaw had it right when he said youth was wasted on the young. When you're in your 20s, your typical worries include graduating from college, getting a job, and updating your MySpace page. Thinking about how you are going to fund your retirement doesn't usually top your list of concerns. But now, more and more fund shops are targeting this demographic, hoping to lure investors while they're still young.

A Beginner's Guide to Making Millions

In earlier commentaries, we've shown just how easy it is to make a million bucks. Provided you've got the discipline to sock away the savings -- and the time to let compound interest work its magic -- you, too, can be a millionaire.

7 Scary Documents You Must Have

It's not Halloween yet, but I've got a few thoughts that should frighten you out of your wits. Forget to make out a will, and some judge might be the one deciding who raises your children. Fail to draft a health-care proxy, and you might spend the rest of your life on life support.