Ashleigh's Feed
Sep 30, 2011
via Reuters Money

Gen Y out of work: What is corporate America doing about it?

Photo

Highly educated, sometimes entitled and incredibly humbled by the current labor market, Generation Y is hungry for work. But do employers understand this enormous and grossly underemployed demographic?

Nearly eighty million strong, Gen Y is loosely defined as those born between 1980 and 1994 (or 2005 depending on who you talk to). Raised in a kid-centric time, many continue to be coddled by helicopter parents not willing to wean their precious lot from the proverbial financial teat. As a result, Gen Y’s expectations of the workforce are vastly different from baby boomers and even the closely-related Generation X.

Sep 23, 2011

Your Client: Is retirement planning easier for singles?

22 (Reuters) – “I told you so.”

Those are four words no spouse wants to hear from their
partner, especially when it comes to investing and retirement
planning.

Just ask David Rothberg. Rothberg, 59, and his wife heavily
invested in tech giant Cisco way back in the mid-1990s. She
wanted to shift money into bonds instead. But that’s not
Rothberg’s style. “I’m an aggressive investor, and the market
was going up 30 percentage points per year, so why would I
invest in something that would get us six percent?”

Sep 22, 2011
via Reuters Money

Married or single? Who has the advantage in retirement planning?

Photo

“I told you so.”

Those are the four words no spouse wants to hear from their partner, especially when it comes to investing and retirement planning.

Just ask Dr. David Rothberg. Rothberg, 59, and his wife heavily invested in tech giant Cisco way back in the mid-1990s. She wanted to shift money into bonds instead. But that’s not Rothberg’s style: “I’m an aggressive investor, and the market was going up 30 percentage points per year, so why would I invest in something that would get us six percent?”

Sep 13, 2011

Analysis: How to protect young investors from a baby boom bust

NEW YORK (Reuters) – Are Generation X and Generation Y investors ready for a baby boom beating?

As the first wave of that pig-in-a-python generation – the 79 million Americans born between 1946 and 1964 – move into retirement, experts warn a boomer stock sell-off could cause equity valuations to plummet, likely sending the portfolios of young investors into a tailspin.

Sep 13, 2011

How to protect young investors from a baby boom bust

NEW YORK, Sept 13 (Reuters) – Are Generation X and Generation Y investors ready for a baby boom beating?

As the first wave of that pig-in-a-python generation – the 79 million Americans born between 1946 and 1964 – move into retirement, experts warn a boomer stock sell-off could cause equity v
536870913
1634497889

Aug 25, 2011
via Reuters Money

Investing and your brain: Why we hit the panic button

Photo

Weathering the storm has lost popularity points with investors in the latest round of market volatility, prompting some to wonder if panic and irrationality are the name of the new game.

Investors pulled $31.3 billion out of U.S. equity funds in the two weeks ending August 10, reaching outflow levels not seen since the stock market collapse of March 2009.

Aug 22, 2011
via Reuters Money

Philanthropy: How the major financial institutions are helping

Photo

Ten years ago, you would have been hard-pressed to find philanthropy specialists in most private banking and investment firms.  But today, philanthropic services are a major division of most wealth management operations, offering clients a myriad of investment vehicles and services to do good.

“It was an add-on before, something extra that they did to be kind or nice, but I think it’s now a business magnet for dealing with all different parts of an individual’s wealth,” says Eileen Heisman, CEO and President, National Philanthropic Trust.

Aug 19, 2011
via Reuters Money

High-end renovations on the back burner as economy wanes?

Photo

In 2008, Ron DeFore had dreams of putting his 3,000-square-foot basement to good use — think swank home theater system, game room, a couple of extra bedrooms — but then the global financial system went to hell in a handbasket.

“I haven’t thought of doing that [renovation] since 2008 for financial reasons,” says DeFore. Between 2001 and 2004, DeFore sunk roughly $500,000 into his 11,000-square-foot, Washington-area home, which he purchased for $1.1 million 10 years ago.

Aug 15, 2011

Analysis: How low can mortgage rates go?

NEW YORK (Reuters) – Mark Sass and his wife Jan decided to refinance the mortgage on their Cincinnati, Ohio, home on Friday, just days before the Federal Reserve pledged to keep rates near historic lows through the first half of 2013.

“I knew the Fed statement was coming out and rates had dropped to historically low levels, and it just seemed like an opportune time. I hadn’t even thought about it until then,” says Sass, who owns his own marketing research company.

Aug 15, 2011

How low can mortgage rates go?

NEW YORK, Aug 15 (Reuters) – Mark Sass and his wife Jan
decided to refinance the mortgage on their Cincinnati, Ohio,
home on Friday, just days before the Federal Reserve pledged to
keep rates near historic lows through the first half of 2013.

“I knew the Fed statement was coming out and rates had
dropped to historically low levels, and it just seemed like an
opportune time. I hadn’t even thought about it until then,”
says Sass, who owns his own marketing research company.

    • About Ashleigh

      "As personal finance producer, Ashleigh aids the team in building personal finance coverage at Reuters.com and other Thomson Reuters platforms. She first joined the Thomson Reuters online desk in 2008 as an editor for Reuters.com, Reuters.ca and Reuters.co.uk."
    • More from Ashleigh

    • Follow Ashleigh