Reuters Money

Alzheimer’s: Early planning critical to financial health

July 20, 2011

Jean Dorrell knew something was wrong when the birthday card her father usually sends two weeks ahead of schedule didn’t arrive in the mail.

Consumers buy the wrong credit scores, new agency warns

July 19, 2011

At least some of the millions and millions of dollars that consumers shell out to buy their credit scores could be misspent, and possibly even damaging, the Consumer Financial Protection Bureau suggested in a report released today.

How Generation Y spends on luxury

July 19, 2011

Why pay attention to what the young want to buy? According to a new data analysis on spending patterns from Milo.com, the demographic group known as Gen Y (born between 1977 and 1994) will outspend Baby Boomers by 2017. Right now, they account for 25 percent of the population and plunk down $200 million a year.

Is it time for you to move to cash?

July 19, 2011

Over the years, Alan Haft has had his share of panicked calls from clients who’ve heard the latest media predictions of financial Armageddon.

What the CFPB should be doing with private education lenders

July 19, 2011

The following is a guest contribution from Mark Kantrowitz, founder and publisher of finaid.org and fastweb.com. The opinions expressed are his own.

5 questions about Social Security and the debt ceiling

July 19, 2011

Social Security is a pawn in the negotiations to avoid a federal debt default, and that has stirred fear and confusion among current and future beneficiaries. President Obama has threatened not to make August benefit payments in the event of a default, and signaled that he is open to cutting Social Security if it helps him secure a big deficit-reduction deal with Republicans.

Bipolar investing: Understanding the rush to cash

July 18, 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.

Is a concierge doctor worth the cost?

July 18, 2011

In the mid-1990s, two doctors working with members of the Seattle Supersonics designed the plan for concierge medicine. Their idea was to charge as much as six figures per year to provide “highly attentive medicine,” as one doctor put it, to a few ultra-rich patients at a time.

The Viking refrigerator saga: When high-end went awry

July 18, 2011

Under federal law, companies are required to self-report to the U.S. Consumer Product Safety Commission any product defect that could cause serious harm. Most seem to.

Is now the time to China-proof your portfolio?

July 18, 2011

As  the People’s Republic is entering a “whack-a-mole” phase — where unrest and economic pressures keep rearing its head in different places — it makes it hard to predict whether or not China’s volatility over a strained economy will result in a major meltdown in Chinese stocks. The country has weathered storms before and bounced back.