The Pros and Cons of Paying Off a Mortgage

The Pros and Cons of Paying Off a Mortgage

Bob Rall You may have saved enough to pay off your mortgage but should you? Before deciding, consider the pros and cons and how they apply to you. Picture this: Through your hard work and discipline, you have accumulated a relatively significant amount of savings outside of your retirement accounts. You have more than enough… Read More »

Paris and Los Angeles Poised to Get 2024 and 2028 Olympics

Paris and Los Angeles Poised to Get 2024 and 2028 Olympics

Chris Isidore Paris and Los Angeles are probably getting the Summer Olympics for 2024 and 2028. It’s just not clear which city will host in which year. The International Olympic Committee is expected to vote Tuesday to break with tradition and award two games at once. Paris and LA are the only competitors left for… Read More »

What Britain’s Hung Parliament Means for Your Portfolio

What Britain’s Hung Parliament Means for Your Portfolio

Aaron Hankin Theresa May’s bold move to call a snap election on April 18 to strengthen conservatives’ position in Parliament failed Thursday when the Tories fell well short of winning a majority in the U.K. House of Commons creating what is known as a “hung parliament.” With just one seat of the 650 yet to… Read More »

Global Monetary Policy: He Still Has Your Back

Global Monetary Policy: He Still Has Your Back

Shuffle up and deal–low interest rates are still “the only game in town” AT ITS outset, 2017 seemed likely to mark a turning-point for global monetary policy. The Federal Reserve had just raised its main interest rate by a quarter-point and was expected to add three such increases this year–or perhaps even more, if a… Read More »

Millions of People Will Soon See Their Credit Scores Improve – At Least a Little

Millions of People Will Soon See Their Credit Scores Improve – At Least a Little

Kenneth R. Harney If you’ve heard that some people might get a magic boost to their FICO credit scores in the 10-point range — without having to do anything — that’s right. But hundreds of thousands of consumers’ increases will be much larger. According to a massive new study of 30 million credit files just… Read More »

How To Set Up a Trust Fund If You’re Not Rich

How To Set Up a Trust Fund If You’re Not Rich

Tim Parker If you’ve heard of trust funds but don’t know what they are or how they work, you’re not alone. Many people know just one key fact about trust funds: They’re set up by the ultra-wealthy as a way to protect passing on significant sums of money to family, friends or entities (charities, for… Read More »

Concerns Over Trump Dent Global Stocks, Dollar

Concerns Over Trump Dent Global Stocks, Dollar

Vikram Subhedar LONDON (Reuters) – Concern that U.S. President Donald Trump’s reform agenda could be slowed down, and that Trump himself could even face the threat of impeachment, added to disappointing U.S. economic data on Wednesday to hit the dollar and spur a pullback in richly valued stocks. Reports that Trump asked then-FBI Director James… Read More »