Reuters Money

For-profit or not: What to consider when choosing a nursing home

August 23, 2011

As a state-appointed consumer advocate overseeing complaints about Florida’s long-term care industry, Brian Lee became curious about corporate ownership earlier this year. He sent nearly 700 letters to every nursing home in the state requesting information about which entities owned which facilities.

Hiring a mover? A little homework can avert disaster

August 23, 2011

Moving across the country — or even across town — isn’t something most people do very often, so it’s no wonder many consumers aren’t conditioned to follow all the steps needed for a good experience.

A mad day trader’s diary of market turmoil

August 22, 2011

The following is a guest post written by Marianne Paskowski, who was vice president of Reed Business Information’s Television Group. Today she manages her extended family’s portfolios from Cape Cod.The opinions expressed are her own.

Hedging can end your retirement panic now

August 22, 2011

Even with the most recent market agita, there’s no reason for you to worry long-term about your retirement funds.

Philanthropy: How the major financial institutions are helping

August 22, 2011

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.

Video sheds light on high-frequency trading

August 19, 2011

The following is a guest post by Brad Allen, personal finance journalist and founder of RiskRewardNews.com. The opinions expressed are his own.

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

August 19, 2011

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.

How much stock should older investors hold?

August 18, 2011

Jim Dundee’s business is doing well — he’s an optician and owns his own retail optical store near Tampa, Florida. But Dundee started to get nervous about the economy and stock market a couple months ago.

Tempted to bail on stocks? Learn this lesson from 2008 data

August 18, 2011

Past performance is no guarantee of future results, as the saying goes. But a new Fidelity Investments analysis of what’s happened to retirement investors’ portfolios since the 2008-2009 market crash is worth considering if you’re tempted to pull money off the table during the market’s current volatility.

Just got a mortgage? Beware of the junk mail

August 18, 2011

Buying a new home (or refinancing your old one) comes with a typically unwelcome peril: a deluge of junk mail.