Reuters Money

Why U.S. credit cards fail overseas

September 28, 2011

For comedian Dan Nainan, who has traveled to 10 countries already this year, trying to use his U.S. credit cards to buy train tickets in Hong Kong or rent a bike in Toronto was no laughing matter. Each time he swiped his card, the transaction could not be processed.

Here’s the real Social Security Ponzi scheme

September 28, 2011

Gov. Rick Perry wants to have a conversation about means-testing entitlements. This is a softer, gentler version of the governor’s earlier assertions that Social Security is an un-Constitutional Ponzi scheme.

Want steady income and safety? Think MBS ETFs

September 27, 2011

Juliette Fairley is a frequent commentator on Better Home and Garden TV. She has written for the Wall Street Journal, the New York Times and USA Today. The opinions expressed are her own.

2012 Medicare choices come early: How not to overpay

September 27, 2011

Last year, Henry D’Aloisio needed to adjust his Medicare coverage to pay for doctor’s visits. He thought the changes would be simple, and that decades of administrative experience would have prepared him adequately for the paperwork and small print.

Balancing your portfolio in a bonkers market

September 26, 2011

Balance is a rare bird these days. Jobs, housing, stocks, European debt: All seem to be in a spasmodic tailspin.

Searching for yield? Think savings bonds

September 26, 2011

Yields on certificates of deposit, Treasury bonds, and other interest-bearing securities have gotten so low that a mundane investment usually associated with birthdays and bar mitzvahs looks enticing by comparison.

Investment pros are profiting from your panic

September 23, 2011

Don’t take this the wrong way, but everything you’re thinking and feeling about the stock market is usually dead wrong. And money managers appreciate that. Your missteps often help them profit.

How to focus in a manic market

September 23, 2011

While the market was doing another backward swan dive, one email came to me that reflected the mass anxiety: “Some are saying it may be time to panic, and I am resisting. What do you think? And what does panic mean: Jump? Sell off?”

Pets: How to avoid the pitfalls of puppy mills

September 23, 2011

Getting a family pet can be a wonderful experience — adding what amounts to another family member for the next 10 to 20 years. But those who choose their pet on impulse could find themselves with the unanticipated financial and emotional burden of dealing with a sickly animal or one with congenital defects.

Financial tech coming to a phone or wallet near you

September 23, 2011

Maybe you think you’re up to date on the latest financial apps and mobile solutions, but unless you are updating your money life every five minutes, you aren’t. Behind the scenes, scores of companies are throwing money at digitizing you, your cash and (even more popular than money these days) your consumer profile.