Wall Street appeared to cheer a change of leadership in the White House, producing one of its best returns in nearly four decades on the day of a new president’s inauguration. Read: Stock-market performance under Trump trails only Obama and Clinton The Dow Jones Industrial Average DJIA, +0.83% and the …
Read More »
Scott Berg’s T. Rowe Price Global Growth Stock Fund last year more than doubled the return of the S&P 500 Index and did even better against its benchmark by betting on large-cap technology companies and next-generation disruptors. In an interview, Berg, who joined T. Rowe Price as an analyst in …
Read More »
Dear Moneyist, I received a gift from my mother several years ago. She transferred a substantial amount of money into a bank account under my name only. My husband persuaded me to add his name to the account several months later. The money was not touched for several years. No …
Read More »
Wall Street is looking forward to happy holidays and a farewell to a pandemic-stricken 2020 and a welcome to a new year, with the last two weeks in December representing abbreviated sessions. On Thursday, the New York Stock Exchange and Nasdaq will end trading at 1 p.m. Eastern Time (and …
Read More »
Agence France-Presse/Getty Images As high-school seniors finalize their college applications, parents are sweating over the dreaded Free Application for Federal Financial Aid (FAFSA) form and financial aid applications from the colleges themselves. Unfortunately, many have probably missed their best chance to position themselves for the best financial aid deals. Hey, …
Read More »
Everett Collection “ ‘No one knows the future, but given the general lack of investor confidence amid a pandemic and political polarization, there is a chance that a negative, self-fulfilling prophecy will flourish. This highlights the importance of being well diversified in asset classes — including Treasury securities, which are …
Read More »
Dear Moneyist, I love my mother very much. I have been living with my elderly mom for the past 12-13 years. Taking her to doctors appointments and shopping for her. Over the last 6-8 years she is suffering with heart and breathing issues so the care has been much more …
Read More »
Dear Moneyist, I recently discovered evidence that my husband of 20 years is having an affair, and he has made claims to others that he wants out of our marriage. He has not asked me to end the marriage yet, and I have not confronted him with this information. Some …
Read More »
Ray Dalio certainly is no radical idealist, but in his frequent writings and media appearances the veteran investor consistently calls for Americans to rewrite their longstanding contract with capitalism so that it is fairer and more generous to more people. Otherwise, he predicts, life in the U.S. could become more …
Read More »