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| washingtonpost.com - Personal Finance
Personal Finance news and advice from The Washington Post
Cutting the price to get your home sold isn't quite as simple as it seems.
In the 1970s, there was an Enjoli perfume commercial showing a woman, clutching a fistful of money, who proclaimed she could bring home the bacon and fry it up in a pan.
Croft Value fund hasn't fallen into the same traps that have plagued many other value funds this year -- investing too heavily in financials and missing the party in energy. If anything, the fund has had the opposite problem: Its exposure to energy and related companies has led it to stumble since...
Join me today at noon for a live online discussion about mortgages. The current housing market has sidelined many would-be buyers, who are worried they'll buy before the market hits bottom. Meanwhile, mortgages rates are rising and qualifying for a mortgage is more difficult.
An increase in consumer complaints over the cancellation or reduction of home equity lines of credit has prompted one federal banking regulator to remind financial institutions about the laws governing this type of loan.
Each month brings fresh data that the housing market is in the dumps. The latest: Home prices in June were down 15.9% from the year-earlier period, according to the Standard & Poor's/Case-Schiller 20-city index of home prices. That was the biggest decline since the index was introduced in 2000.
Here are a few things on my teenage son Peter's back-to-school list:
Ted Miller doesn't like unnecessary distractions. So when the 24-year-old decided to roll over retirement money from a previous job, he chose a target-date fund from T. Rowe Price. "A fund like this saves me time, my most valuable resource," says Miller, an assistant admissions director at...
When leaving the theater after seeing I.O.U.S.A. -- the documentary billed as doing for the national deficit what An Inconvenient Truth did for global warming -- you'll likely be confronted with one of two impulses: You'll want to cut up your credit cards on the spot, lecture your kids on the...
Gift cards totaling about $66 billion will be tucked into birthday, wedding and holiday cards this year. About one-third of that total will be spent within 90 days and another third within six months, said Brian Riley, a bank-card research director for TowerGroup. Some $20 billion worth will linger...
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