Hi, MarketWatchers. Don’t miss these top stories:Personal Finance‘Long overdue’: Debate over reparations for Black Americans reignites on Capitol Hill 'Now more than ever, the facts and circumstances facing our nation demonstrate the importance of H.R. 40,’ said Rep. Sheila Jackson Lee, lead sponsor of a bill that could create a commission to study reparations for…
Dear Quentin, I am a 49-year-old woman with four adult children aged 19 to 29. I bought my home in 1998 as a single mother and my children grew up here. I now have a live-in boyfriend who has done extensive repairs and upgrades to the home over the last 3 years — he performed…
Dear Moneyist, I was raised by a single mother who sacrificed and worked very hard to give me and my siblings everything we needed growing up. Throughout my life I have tried to take care of my mom as best as I can, I give her money twice a month. I gave her my car.…
Dear Quentin, I am planning on marrying someone who has a substantial amount of money. I do not have much. I own my home, have a military retirement and work part time. I want a prenuptial agreement and she does as well. We don’t, nor will we, have children. So what is the issue? I…
My son, 35, has been married for 3 years with one child. He recently came to me with what I consider to be a stunningly unusual dilemma. He wanted my counsel on the idea of a second child, something he desires greatly He was married in 2017, and the first child was born in 2019.…
By their mid-30s, Billy and Akaisha Kaderli, now 66, seemed to have it all. Billy was a successful stockbroker, and Akaisha ran a popular restaurant. They went out to eat and drank nice wine; hosted parties; and lived in a posh home in Santa Cruz, Calif., with a hot tub, garden and huge redwood deck…
Savannah, Ga. iStock Dear Catey, In 2022, I plan to retire. I am looking for that special place. The best way I can describe it is Chicago without the weather, taxes and high cost of living. If I never have to experience below-freezing temperatures again, I would be ecstatic. I would also want close proximity…
Nobody wants to think about dying. That’s one reason why many of us procrastinate in putting together an estate plan. Another factor, of course, is the cost and the time it takes to set one up. But there’s an easy way to put together a plan that upon your death would easily transfer the lion’s…
You should think twice before investing in high-yield (a.k.a “junk”) bonds. It’s understandable why you might be tempted to invest in such bonds. Even with the recent uptick in interest rates, U.S. Treasuries have a low yield—not enough for a fixed-income-heavy retirement portfolio to throw off much interest income. Investment-grade corporate debt yields somewhat more,…
TGIF, MarketWatchers. Don’t miss these top stories:Personal Finance CDC recommends schools in areas with high COVID-19 transmission rates not fully open for in-person learning 'Schools can be reopened safely prior to all teachers being vaccinated,' said CDC director Rochelle Walensky.A majority in the U.S. personally know somebody who has been vaccinated against COVID-19 The steadily…