The underlying problem with financial advice—besides the fact that most of it is wrong, conflicted (in the conflict of interest sense), or covert marketing—is that, even in the best case, it rarely works.
I looked up the top ten talk radio shows by audience. Nine of them were unabashedly right-wing, politically oriented shows. The tenth was Dave Ramsey.
By James Kwak I’m starting teaching at the UConn law school this fall, so I got a folder of information in the mail about my retirement plan. UConn professors have a choice between a defined benefit plan (SERS, in which … Continue reading →
By James Kwak Usually the New York Times gives reasonably good financial advice—or, at least it avoids giving really bad advice. Today, however, Paul Sullivan’s column borders on the latter. The question is whether to take a pension payout as a lump … Continue reading →
USA TODAYFacebook's IPO in Painful PerspectiveDailyFinanceIndeed, the only two high-profile Internet IPOs of the past few years to perform admirably are personal finance website Bankrate and Facebook's counterpart for professionals, LinkedIn. T…
With the economy still struggling, unemployment still lofty, and retirement savings lacking, more Americans than ever are terrified of the idea of dying penniless. Financial adviser and author Stephen Pollan wants to remind you: That’s the whole ide…
I’m thinking that $29,000 should last about six months. I don’t think even $300,000 goes that far with 0% interest.
I hope that junior has saved his pennies so he can bail out Mom and Dad.
From MSNBC:
NEW YORK — The average American has saved les…
