Senior Personal Finance Correspondent
Linda's Feed
Aug 24, 2015

What to do on Monday about that stock market selloff

NEW YORK (Reuters) – Last week’s $1 trillion stock market selloff was scary. After almost seven years of bull market, we were all reminded of the fallibility of our retirement accounts and college nest eggs – as in: yikes, this can really fall fast.

But don’t ask yourself why you didn’t sell last Monday, before the market fell almost 6 percent and had its worst week since the fall of 2011. Ask yourself instead, now what?

Aug 24, 2015

Stern Advice – What to do on Monday about that stock market selloff

NEW YORK, Aug 24 (Reuters) – Last week’s $1 trillion stock
market selloff was scary. After almost seven years of bull
market, we were all reminded of the fallibility of our
retirement accounts and college nest eggs – as in: yikes, this
can really fall fast.

But don’t ask yourself why you didn’t sell last Monday,
before the market fell almost 6 percent and had its worst week
since the fall of 2011. Ask yourself instead, now what?

Jun 30, 2015

Candidate Jeb Bush bares 33 years of tax returns in show of transparency

WASHINGTON/NEW YORK (Reuters) – Republican presidential candidate Jeb Bush released 33 years of tax records on Tuesday showing that his net worth of between $19 million and $22 million has been amassed largely through investments and speaking fees that have been as high as $75,000 per engagement.

In a show of transparency expected to pressure his rivals to bare their tax records, Bush revealed that since the end of his tenure as Florida governor in 2007, his annual income has risen sharply to nearly $7.4 million in 2013 from $260,580 in 2006.

Jun 3, 2015

Stern Advice – Peak 30-something

NEW YORK (Reuters) – Maybe it is time for a millennial remake of that 1980s boomer angst television show, “thirtysomething,” because there are more 30-year-olds in the United States than ever before.

Within nine years, almost 45 million Americans will be in their 30s, according to U.S. Census Bureau data. As their parents did a generation ago, they are starting to settle down and buy houses and cars.

Feb 24, 2015

Stern Advice: Don’t wait for Washington to protect retirement investors

NEW YORK (Reuters) – After years of talk about how to protect retirement savers, the White House has gotten behind a Labor Department proposal that would require financial advisers to put clients’ interests ahead of their own.

Consumer champion Sen. Elizabeth Warren, who says she is not running for president, is doing wall-to-wall media on her view that the government should do more to regulate providers of 401 (k) plans, 403(b) plans and individual retirement accounts.

Jan 22, 2015

Stern Advice – Where to spend when you’re young and squeezed

NEW YORK, Jan 7 (Reuters) – The most financially challenging
state of life is not retirement, it is early career.

That’s the time when your salary is still probably low, but
you have the longest list of expenses: career clothes, cell
phone bills, your first home furnishings, cars, weddings, rent -
need I go on? You probably don’t have enough money to pay for
all of that at once, unless your parents have set you up very
well or you are a junior investment banker.

Jan 7, 2015

Where to spend when you’re young and squeezed

NEW YORK (Reuters) – The most financially challenging state of life is not retirement, it is early career.

That’s the time when your salary is still probably low, but you have the longest list of expenses: career clothes, cell phone bills, your first home furnishings, cars, weddings, rent – need I go on? You probably don’t have enough money to pay for all of that at once, unless your parents have set you up very well or you are a junior investment banker.

Jan 7, 2015

Stern Advice – Where to spend when you’re young and squeezed

NEW YORK, Jan 7 (Reuters) – The most financially challenging
state of life is not retirement, it is early career.

That’s the time when your salary is still probably low, but
you have the longest list of expenses: career clothes, cell
phone bills, your first home furnishings, cars, weddings, rent -
need I go on? You probably don’t have enough money to pay for
all of that at once, unless your parents have set you up very
well or you are a junior investment banker.

Dec 17, 2014

Act now: Congress delivers a few last minute tax savers

NEW YORK (Reuters) – The U.S. Congress, in its wisdom, waited until the waning weeks of the year to approve some tax breaks that will only be good for 2014.

That means that in some cases, you lost out: it is too late to take advantage of them and you are going to lose them at the end of the year.

Dec 17, 2014

Stern Advice-Act now: Congress delivers a few last minute tax savers

NEW YORK, Dec 17 (Reuters) – The U.S. Congress, in its
wisdom, waited until the waning weeks of the year to approve
some tax breaks that will only be good for 2014.

That means that in some cases, you lost out: it is too late
to take advantage of them and you are going to lose them at the
end of the year.

    • 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