Personal Finance

Posted: Wednesday, November 14, 2018
Return to 1973: the Vietnam War ended, gasoline was 40 cents a gallon, and the United States was the world’s largest oil producer, pumping nearly 10 million barrels per day. Those of a certain age will mark that year as the beginning of our long national energy nightmare, as domestic production...
Filed Under: Personal Finance
Posted: Wednesday, November 07, 2018
If you own mutual fund shares outside your IRA, be on high alert for the tax man. Funds generally announce their required distributions of realized capital gains around this time of year, so you should mind your timing of purchases and sales accordingly to avoid unanticipated tax liabilities....
Filed Under: Personal Finance
Posted: Wednesday, October 31, 2018
Anyone who has ever taken out a loan knows the critical role that credit scores play. But if you haven’t had time to build up a strong score or have not utilized much credit in the past, you may be locked out of the market when it comes time to borrow. If so, there’s good news. A new evaluation...
Filed Under: Personal Finance
Posted: Saturday, October 27, 2018
Conventional wisdom holds that interest rates are destined to rise significantly over the next couple of years. When the 10-year Treasury yield surged two weeks ago, stock investors stampeded toward the exits, driving the major indices lower and reflecting concern that the ineluctable ascent of...
Filed Under: Personal Finance
Posted: Wednesday, October 17, 2018
Social Security recipients look forward to October with interest, for this is the time of year during which they find out how much of a benefit increase they will enjoy in the year ahead. Last Thursday, the Social Security Administration announced a 2.8 percent hike for 2019, the largest increase...
Filed Under: Personal Finance
Posted: Wednesday, September 19, 2018
Last week, the U.S. Census Bureau released its annual report on income and poverty in America. The news was good: real median household income for 2017 rose by 1.8 percent over the previous year, exceeding $61,000 for the first time. In metropolitan Chattanooga, the Census Bureau said Tuesday the...
Filed Under: Personal Finance