Dear Moneyist, When my maternal-great-aunt died, my father wanted me to help him purchase her property. He currently owns a condo and the arrangement we made is that, once he buys my aunt’s house, I will move into his condo and pay the HOA fees. A little more than a …
Read More »The Moneyist: My sister moved from New York to our mom’s house due to COVID-19. She saved $11K in rent and expenses. Is that fair?
Dear Moneyist, My sister gave up her apartment in New York City and moved back home in April, shortly after COVID-19 erupted there, and has now been living rent-free with my mother for the past seven months. My sister is 42 years old and holds a full-time job with a …
Read More »The Moneyist: I moved into my in-laws’ home. My husband wants to pay his parents’ mortgage, but it will come out of my income. How can I protect myself?
Dear Moneyist, I got married recently and moved into my husband’s house that he shares with his parents. (His name and his parents’ name are on the deed.) Currently, we pay a small amount for rent, but my husband hopes to take on the mortgage of the house over the …
Read More »The Tell: A small subset of Vanguard investors moved entirely into cash when the market tumbled. Here’s how they did
The thought must’ve crossed many investors’ minds during the pandemic. Why not just get out of the markets entirely and switch into cash? Fund management giant Vanguard Group looked at the investors who did exactly that, in a study recently published. Now, the Vanguard crowd isn’t exactly that of Robinhood—between …
Read More »Well-wishes from world leaders pour in for Boris Johnson after the British prime minister is moved to intensive care with worsening coronavirus symptoms
Messages of support and well wishes for a speedy recovery have been pouring in from across the political divide as well as from political leaders around the world after British Prime Minister Boris Johnson was moved to intensive care late Monday as his coronavirus symptoms “worsened.” Johnson, 55, had been …
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