Recovering boat owners often say a boat is a hole in the water into which you pour money. Much the same could be said for a house you inherit. When a parent or other relative dies and you take possession of his or her house, it can be easy to think you… Continue reading
The advent of major economic change is sometimes obvious, like the 1973 OPEC oil shock. More often, change accumulates with little fanfare until it’s recognized that something big has happened. The legendary financier Leon Levy called these incremental… Continue reading
Now that college graduation season is here, parents and their young adult kids are coming face-to-face with the key post-graduation financial question that will impact them for years: Who pays for what after the college degree? That’s really a bunch of… Continue reading
Taking a family business to next level can be trickier than it is for other small businesses. It’s never a cakewalk to invest and take the inherent risk necessary to expand a business, of course, by hiring the next employee, adding a new product or ser… Continue reading
There have never been more great programs to watch on TV — and the bills to watch them have never been higher. So more and more Americans are getting fed up with their soaring cable bills and cutting the cord. They’re finding it easier to do than in th… Continue reading
(This article previously appeared on MarketWatch.com.) Google recently unveiled the 10 questions Americans ask most about retirement. The question Americans ask the search engine mos: “How much do I need to retire?” Here’s the full list: 10 most-asked … Continue reading
If you’re planning to start your own business for the first time in midlife, you may want to find a small business mentor. Research shows that 70% of mentored small businesses survive past the five -mark — nearly twice the rate of non-mentored business… Continue reading
Whether you call it dynamic pricing, surge pricing, demand pricing or time-based pricing, marketers’ maddening practice of changing prices according to demand and supply is here to stay. Long practiced in the travel and hospitality industries, this sys… Continue reading
There are many perks to being self-employed — flexible hours, the possibility of working from home and, of course, being your own boss. But one major downfall that has historically burdened solopreneurs is the lack of access to traditional employer-spo… Continue reading
Ecuador regularly shows up on those “Best Places to Retire Abroad” lists. International Living named Ecuador its No. 4 country for the past two years and Live and Invest Overseas ranked Cuenca, Ecuador No. 7 on its 2019 list. And when I recently met wi… Continue reading