Reuters Money

Young philanthropists go high-tech to reach lofty giving goals

August 15, 2011

At 29, Michael J. Greene of Chicago is a young philanthropist in the making, though he hardly fits the stereotype. He doesn’t drive a Porsche; in fact, he just sold his VW Passat with 90,000 miles and uses public transit to get around.

Time to refinance? How low can mortgage rates go?

August 12, 2011

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.

Even financial gurus make money mistakes

August 12, 2011

Christie's employees pose for a photograph with a Lehman Brothers sign at Christie's in central London September 24, 2010. REUTERS/Andrew Winning I bought Lehman Brothers.

There, I said it. My dark secret, finally out in the open. Watching financial stocks drop like stones in the fall of 2008, I figured it was a classic case of investor panic. After Lehman went from over $90 to under $10, I almost felt bad at getting such a bargain. After all, it couldn’t go to zero, right?

Panning for gold: You could profit or just have fun

August 12, 2011

With the wild ride on the world’s markets enough to give even the most seasoned investors the jitters, everyone is talking about gold.

Beaten down by market turmoil? The case for hedged mutual funds

August 11, 2011

The following is a guest post by Juliette Fairley. A frequent contributor to USA Today, Investor’s Business Daily, Bloomberg Wealth Manager and The New York Times, she is also the author of three personal finance and investing books. The opinions expressed are her own.

Target date funds faring better in this market meltdown

August 11, 2011

After the 2008 market crash, target date funds came under heavy fire for failing to protect older retirement investors. This time around, TDFs are faring much better – thanks to lessons learned a few years ago.

I’ve fallen and I can’t Tweet: New tech solutions to elder care

August 10, 2011

An emergency stop button in Prudhoe Bay, Alaska March 19, 2011.  REUTERS/Lucas JacksonIt’s rare to find a person over 20 in the U.S. who’s not familiar with the expression “I’ve fallen and I can’t get up.”

4 ways to hedge the market without playing whack-a-mole

August 10, 2011

Is the recent market upheaval the growling of a new, prolonged bear market or a tempest in a teapot?

Facebook hijacked: Will anyone there answer the phone?

August 10, 2011

Like about three-quarters of a billion other folks, Elisa Zuritsky enjoyed connecting to her friends and family through Facebook. Then, on Memorial Day Weekend, someone hijacked her account and she learned what untold others have: Facebook doesn’t have a phone number to help you work out your problems.

Tea Party downgrade? Here’s what S&P actually said

August 10, 2011

Was it a Tea Party downgrade?

Beltway media has offered the usual pox-on-both-political houses analysis of Standard & Poor’s downgrade of U.S. debt and this week’s market meltdown. The two parties spent Monday blaming one other side for the debacle. According to this narrative, both sides must bear equal guilt.