Not even a 50% haircut has convinced professional money managers that stocks are bound for a rebound. According to the most recent Russell Investments’ quarterly survey of professional investment managers, the money minders are far more bullish on bonds than stocks. Two-thirds of the money pros report they are more bullish on corporate bonds and [...]
Tomorrow is payday for staffers like myself at Money Magazine. And according to a story written by CNNMoney.com colleague, Jeanne Sahadi, I should get a fatter check: the payroll tax cut written into this year’s economic stimulus package should take effect today, April 1.
The tax cut, officially known as the Making Work Pay credit, is [...]
A nugget of wisdom that Warren Buffett has passed along more than once to Berkshire Hathaway investors is this: “You only find out who is swimming naked when the tide goes out. “ What the oracular Omahan seems to have meant by this is that you don’t really know or appreciate the risks that companies [...]
by JEANNE FLEMING, PH.D. and LEONARD SCHWARZ
Question: The man I love is married to another woman. He wants to leave her, but he says that he can’t afford to get a divorce - that he’ll lose his house and end up with huge child support payments. I have the resources to help him out. But [...]
Do you find yourself bursting into tears watching CNBC on a down day for the Dow? Do you find yourself gritting your teeth in anger when you compare the size of your once-healthy 401(k) to fat bonuses given to the very Wall Street wizards who helped to get us into this mess?
These aren’t altogether [...]
