Dear Liz: I’m almost 70, still working, and I’ve got a decent-size IRA as well as a 403(b) that I plan to move to an IRA when I retire. Because I have a pension and other investments, I don’t think I’ll ever need the money in the IRA and 403(b). Should I convert to a […]
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Q&A: What’s the difference between ETFs, mutual funds and index funds?
Dear Liz: What is the difference between ETFs, mutual funds and index funds? Answer: Index funds are a type of mutual fund. Mutual funds and ETFs both allow you to buy a diversified mix of investments, but they’re structured differently. Mutual fund shares are usually priced once a day, based on the value of their […]
Thursday’s need-to-know money news
Today’s top story: How gratitude can help your financial life. Also in the news: What’s being fixed with student loan forgiveness, a new Smart Money podcast deep dive on investing strategies, and what happens when you’re too sick to pay your credit card bills. How Gratitude Can Help Your Financial Life Taking stock of what […]
Wednesday’s need-to-know money news
Today’s top story: 6 tips for traveling without a credit card. Also in the news: The most pet-friendly airlines, how to sell from your sofa with live stream shopping events, and letters from the IRS regarding the Recovery Rebate are not a scam. 6 Tips for Traveling Without a Credit Card Debit cards, gift cards, […]
Tuesday’s need-to-know money news
Today’s top story: How to get the best Amazon Black Friday 2021 deals. Also in the news: Buy Now Pay Later loans, October’s mortgage outlook, and is the IRS about to tax your Venmo, PayPal, and Cash App transactions. How to Get the Best Amazon Black Friday 2021 Deals The earliest-ever Amazon Black Friday sale […]
How gratitude can help your financial life
Gratitude makes us more aware of the sources of joy, wonder and hope in our lives. Being grateful also can improve health, strengthen relationships and help us manage our money. Developing gratitude requires us to focus on what we have rather than on what we lack, says Meghaan Lurtz, a senior research associate with financial […]