Get Started Early

Over the years, studies have thoroughly researched and exhaustively footnoted what most of us already know. Americans typically don’t start seriously thinking about saving for retirement until they near their own mid-century mark. After snoozing for decades, our middle-aged Rip Van Winkles suddenly awake with a jolt to see the financial equivalent of a fully […]

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Middle-Class Millionaires

I read an interesting story on Yahoo today that delved into the habits of so-called middle-class millionaires. The conclusions of the private wealth experts reminded me of the take-home messages from a book entitled, The Millionaire Next Door. Middle-class millionaires are nearly three times as likely as the average middle-class American to select a career […]

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Should You Pay Off the Mortgage?

I got an email this week from one of my favorite financial whizzes. When I still had my newspaper column, I occasionally wrote about Henry (Bud) Hebeler, who was formerly a top executive at Boeing and the holder of three MIT degrees. (As a complete failure in math, those degrees will always impress me.) After […]

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The Latest From Alan Greenspan

Someone at The Wall Street Journal got a jump on the competition when it found a copy of Alan Greenspan’s new book in a New York area bookstore. The newspaper was so delighted by its find that its article about the book, The Age of Turbulence: Adventures in a New Word, was the lead story […]

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Take a Deep Breath!

When I read what’s been happening in the financial markets lately, I’m embarrassed to be a financial journalist. Actually, it’s not Wall Street’s behavior that embarrasses me, it’s the way it’s being covered. Why do journalists insist on covering the market as if it’s a horse race? It’s not. People who are invested in stocks […]

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