Dear Liz: I have quite a bit invested in stocks in a regular brokerage account. I’ve held them for many years, and to sell them would mean huge capital gains taxes. I’d like to move some of these into a Roth IRA, so that I can avoid paying taxes on their appreciation and dividends, since […]
Recent Blog Posts
Friday’s need-to-know money news
Today’s top story: The biggest mistakes car buyers make and how to avoid them. Also in the news: How to land your dream home this summer, saving big on your wedding expenses, and how we can learn from the money mistakes of celebrities. 5 Mistakes Car Buyers Make Pay attention to how long you’ll pay. […]
Our apartment in Paris
We’ve settled into our home for the next few weeks: a comfortably funky 3-bedroom apartment on the top of an older building not far from the Moulin Rouge. Travelers will tell you that if you’re planning to stay more than a few days here (and indeed in many major cities), it makes a lot more […]
Wednesday’s need-to-know money news
Today’s top story: Learning what identity thieves want you to do. Also in the news: Saving money as a wedding guest, market myths that can make you poorer, and how to manage your money emotions. 5 Things Identity Thieves Want You to Do How to do the opposite. Tips to Save Money as a Wedding […]
How much will bankruptcy hurt your credit scores?
A reader whose credit scores have already been badly damaged by late payments and charge-offs had a question: How much more would her scores drop if she filed for bankruptcy? For years the creators of the leading FICO credit scoring formula were a bit vague about the answer, saying only that a bankruptcy filing is […]
Tuesday’s need-to-know money news
Today’s top story: What to do when your 401(k) and IRA are maxed out. Also in the news: Comparing medical loans and credit cards, three essentials that could be missing from your retirement plan, and thirteen factors to consider when picking a place to retire. What to Do After Your 401(k) and IRA Are Maxed […]