Author: super@dmin

We’re faced with a host of thorny retirement issues: Keep Social Security solvent. Make Medicare affordable. Many Americans aren’t saving enough. They want to retire earlier than they can reasonably afford. They’re effectively financially illiterate. But in the end, you don’t need to worry about all Americans. Instead, what you need to worry about is…

Last Wednesday, Vanguard Group’s 89-year-old founder John C. Bogle was in hospital to receive treatment for his latest health scare—an irregular rhythm in his transplanted heart. On Thursday and Friday, he was at the Bogleheads’ 17th conference in Philadelphia, as feisty as ever. The Bogleheads are, of course, the online community who congregate at Bogleheads.org.…

Our planet is warming, putting at risk not only our physical well-being, but our wallets. The 2018 Nobel Prize for Economics Science was awarded to William Nordhaus and Paul Romer, two American economists whose work emphasizes the importance of sustainable economic growth and an economic system that takes climate change into account. The Royal Swedish…

You know the old adage that “a rising tide lifts all boats?” What if you don’t own a boat in the first place? That rising tide won’t do much for you, will it? And so it is with this historic bull market, which, if it continues, will enter its 11th year—11 years!—come March. Vast amounts…

European stocks fell Monday, with Italian banks under heavy pressure as continued worries over a budget clash between Rome and the European Union contributed to a continued selloff in the country’s government bonds. Extending earlier losses, the pan-European Stoxx 600 Europe index SXXP, -1.13%  dropped 1.1% to 372.12, with European markets seen, in part, taking…

We expected the U.S. stock market to rally after the dip in late January. Years ago, we set our minimum target for the top of wave 3 off the 2009 lows at 3,011 points on the S&P 500 Index SPX, -0.69% with the ideal target being 3,225. And, over the past few months, the market…

The Mega Millions jackpot has grown to an estimated $470 million ahead of Tuesday night’s drawing. The drawing is scheduled for 11 p.m., after no one won on Friday. The jackpot has been growing since July, when the $543 million jackpot was won by a California office pool, and would rank as the sixth-largest Mega…

Asian stocks dropped in early trading Monday, as traders in China returned to work after a weeklong holiday while Japan’s markets closed for a three-day weekend. Chinese stocks returned from the Golden Week holiday with opening declines of 2% after last week’s wide selling in Asia and a U.S.-listed benchmark of mainland companies falling nearly…

BEIJING — China’s central bank is freeing up nearly $175 billion to get commercial banks to boost their lending and pay off short-term borrowings, the latest effort by Beijing to lift growth in a slowing economy as its trade fight with the U.S. escalates. In a statement Sunday, the People’s Bank of China said it…

‘They say…the stopwatch never lies. Speed kills but absolute speed kills absolutely.’ —Al Davis former owner of the Oakland Raiders As it is in sports, so it is in markets: The rate of change can often be more unnerving than the change itself. That may be the most significant feature of this recent run-up in…