Senior Personal Finance Correspondent
Linda's Feed
Aug 13, 2014

How to force yourself to buy low and sell high

NEW YORK (Reuters) – Investors who wish they were better at buying low and selling high actually have a tool that can force them to do just that. It’s called “rebalancing” – the practice of regularly re-allocating a portfolio so the investments in it stay in their originally intended proportions.

A 60 percent stocks-40 percent bonds portfolio will get out of kilter if you leave it alone long enough. To rebalance, you have to cut back on the portion that grew – typically the stocks – and add money to the other side.

Aug 13, 2014

Stern Advice-How to force yourself to buy low and sell high

NEW YORK, Aug 13 (Reuters) – Investors who wish they were
better at buying low and selling high actually have a tool that
can force them to do just that. It’s called “rebalancing” – the
practice of regularly re-allocating a portfolio so the
investments in it stay in their originally intended proportions.

A 60 percent stocks-40 percent bonds portfolio will get out
of kilter if you leave it alone long enough. To rebalance, you
have to cut back on the portion that grew – typically the stocks
- and add money to the other side.

Jul 30, 2014

How to buy financial advice now

NEW YORK (Reuters) – The financial advice business is changing dramatically in every aspect, from how advisers spend their time, to what they charge, to how they label and promote themselves.

The result? Further confusion for consumers who probably sought help to find clarity in the first place.

Jul 30, 2014

Stern Advice-How to buy financial advice now

NEW YORK, July 30 (Reuters) – The financial advice business
is changing dramatically in every aspect, from how advisers
spend their time, to what they charge, to how they label and
promote themselves.

The result? Further confusion for consumers who probably
sought help to find clarity in the first place.

Jul 16, 2014

Stern Advice: I am woman (investor), hear me roar

NEW YORK (Reuters) – Is there a target on the back of my dress? Because it feels like there is a target on the back of my dress.

It was painted there by the financial services industry, which has grown hyper-aware of the fact that women have a lot of money and are about to have a lot more.

Jul 1, 2014

Do you want an annuity in your retirement plan?

NEW YORK (Reuters) – The U.S. Treasury Department has just given a tax break and its blessings to retirement savers who want to buy long-term deferred annuities in their 401(k) and individual retirement accounts.

The new rule focuses on a particular kind of annuity. These so-called deferred “longevity” plans kick in with guaranteed income when the buyer turns, say, 80 or 85 years old. For example, a 60-year-old man who spent $50,000 on a longevity annuity from New York Life could lock in $17,614 in annual benefits when he turned 80, the company said.

Jul 1, 2014

Stern Advice-Do you want an annuity in your retirement plan?

NEW YORK, July 1 (Reuters) – The U.S. Treasury Department
has just given a tax break and its blessings to retirement
savers who want to buy long-term deferred annuities in their
401(k) and individual retirement accounts.

The new rule focuses on a particular kind of annuity. These
so-called deferred “longevity” plans kick in with guaranteed
income when the buyer turns, say, 80 or 85 years old. For
example, a 60-year-old man who spent $50,000 on a longevity
annuity from New York Life could lock in $17,614 in annual
benefits when he turned 80, the company said.

Jun 20, 2014

Facing price wars and robots, wealth managers push advice

New York (Reuters) – Jack Bogle, the founder of Vanguard Group Inc and the pioneer of low-cost index investing has won.

Data shows investors have steadily paid lower mutual fund fees every year since 2003. Some 35 percent of all money in mutual funds is managed passively by computer models instead of humans. The average upfront sales fee paid to brokers by mutual-fund investors has fallen 74 percent since 1990, according to the Investment Company institute, a trade group.

May 21, 2014

How investors can get ready for inflation

NEW YORK (Reuters) – Last month was not a good one for inflation hawks, unless they were looking for validation.

The U.S. consumer price index was up 0.3 percent in April, its largest increase in 10 months. And producer prices were up 0.6 percent – their biggest monthly rise since September 2012.

May 21, 2014

Stern Advice-How investors can get ready for inflation

NEW YORK, May 21 (Reuters) – Last month was not a good one
for inflation hawks, unless they were looking for validation.

The U.S. consumer price index was up 0.3 percent in April,
its largest increase in 10 months. And producer prices were up
0.6 percent – their biggest monthly rise since September 2012.

    • About Linda

      "Linda Stern is an award-winning personal finance journalist who loves to write about how the big picture affects your pocketbook. A former contributing editor at Newsweek magazine and a long-time Reuters columnist, Stern covers everything from credit cards to retirement planning to investing. As a Washington-based correspondent, she sneaks in as much tax and economic policy as her editors will allow. She tweets at www.twitter.com/LindaStern. And when she expresses opinions, they are her own and not those of her employer."
      Joined Reuters:
      October 2010
    • Contact Linda

    • Follow Linda