Reuters Money

Elder financial abuse reaches “epidemic” proportion

June 3, 2011

For the past 30 years Jenefer Duane has seen older Americans fall victim to financial scams. But in recent years she has watched the problem get far worse.

Eldercare: How to develop a long-term care plan

June 2, 2011

Senior citizens get a bad rap for being cheap. But there’s no way to stick to a low budget when it comes to eldercare: It costs $77,745 annually to live privately in a nursing home. That’s a jump of $17,520 per year compared to 2005, according to the Genworth 2011 Cost of Care Survey, which sees prices continuing to rise.

5 reasons why banks hate Elizabeth Warren

June 2, 2011

Elizabeth Warren, it’s not you they hate. It’s what you represent. You want to be an honest cop when so many before you in Washington have looked the other way and pretended that the banking industry could police itself.

The tax rate you should care about most

June 1, 2011

We talk a lot about tax rates here, and about whether they might go up in the future and for whom. But to think intelligently about tax policy — not to mention your own tax strategy — it pays to stop and ask: Which tax rate do you mean? And what tax rate matters most to you?

FTC tries to halt program selling instant wealth

May 31, 2011

Russell Dalbey, whose company hawked “Winning in the Cash Flow Business,” is accused by the Federal Trade Commission of defrauding consumers by claiming they could get rich on seller-financed promissory notes.

Should you invest in your kid’s digital footprint?

May 31, 2011

Meet Lucy Boudreaux, the queen of social media. She has a personal website at, is @lucyboudreaux on Twitter, and has her own Gmail address, as well as an active Facebook page.
Lucy Boudreaux is eight months old.

Housing crash: Is it time to buy low?

May 31, 2011

True confessions: I live in a bubble. Washington, D.C., the area I call home, appears to be one of the only two places in the country (the other being Seattle) where real estate is doing very well, thank you. So around me, I see home prices stable and rising, and houses getting sold within days of going on the market.

Gold crash: What could trigger the inevitable

May 30, 2011

Before you sell that last piece of jewelry, keep in mind that the gold price will not go up indefinitely. There are number of reasons why it might crash.

Developing children charity champions

May 30, 2011

Developing our children into charity champions isn’t rocket science. What it takes is a decision, direction and discipline.

Why more investor protection is needed, not less

May 27, 2011

Government isn’t the enemy when it comes to investor protection. Less is not more.