Bonds still offer pockets of opportunity

By: Jeffrey R. Kosnett
Posted on: July 13, 2020

Bonds survived a brutal financial upheaval, reinforcing my confidence that positive returns will extend through the remainder of this strange year, albeit with massive help from the Federal Reserve. There will be more bad days and shrill headlines, and you can expect a bulge in corporate debt downgrades to junk status in the most-depressed industries and localities. But actual defaults... READ MORE

Is your target date fund letting you down?

By: Liz Weston
Posted on: July 09, 2020

Target date investments are supposed to be an easier way to invest, and they’re a popular choice in 401(k) plans. But the recent market downturn showed that some target date strategies suffered much bigger losses than others, especially for investors nearing retirement. Target date investments did protect near-retirees from the full force of the sell-off. While U.S. stocks overall... READ MORE

Ethical wills let you share life’s lessons

By: Alina Tugend
Posted on: July 07, 2020

Rebecca Schreiber, a Manhattan real estate agent, was getting her papers in order after a divorce and decided that, along with redoing her legal will, she would also write up an ethical will for her two young children. “It was a way to convey my wishes and hopes to my children,” Schreiber, 42, said. Ethical wills, or legacy letters as they are also called, are documents to... READ MORE

Five stocks to consider buying now

By: Anne Kates Smith
Posted on: July 01, 2020

With the market finding its way through tricky economic territory, investors will have to strike a careful balance between offensive and defensive moves. These five stocks will help you finesse your approach with a blend of classic safety plays, companies that will shine as the economy recovers, and companies poised to profit in a post-pandemic world: American Electric Power (AEP, $81):... READ MORE

Money tight? Ways to adjust your budget

By: Courtney Jespersen
Posted on: June 30, 2020

You’re not the only one with a tight budget. Millions of Americans are currently struggling with unemployment, lost hours and lowered wages. We talked to financial experts for advice on getting more mileage out of the money you have available right now. Here are their tips for finding extra money in your monthly budget: Go line by line You’re probably spending a lot of time at home ... READ MORE

Steps you should take to protect your car

By: David Muhlbaum
Posted on: June 15, 2020

If you’re sheltering at home during the coronavirus pandemic, your car is likely spending a lot of time sitting in your driveway. But, much like people, cars need exercise and don’t do well if they sit for too long. How long is too long? Well, that varies, but with lockdowns in many places running into three months now, that’s too long for a car to go with little or no use. The... READ MORE