Senior Personal Finance Correspondent
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Jan 22, 2015

Stern Advice – Where to spend when you’re young and squeezed

NEW YORK, Jan 7 (Reuters) – The most financially challenging
state of life is not retirement, it is early career.

That’s the time when your salary is still probably low, but
you have the longest list of expenses: career clothes, cell
phone bills, your first home furnishings, cars, weddings, rent -
need I go on? You probably don’t have enough money to pay for
all of that at once, unless your parents have set you up very
well or you are a junior investment banker.

Jan 7, 2015

Where to spend when you’re young and squeezed

NEW YORK (Reuters) – The most financially challenging state of life is not retirement, it is early career.

That’s the time when your salary is still probably low, but you have the longest list of expenses: career clothes, cell phone bills, your first home furnishings, cars, weddings, rent – need I go on? You probably don’t have enough money to pay for all of that at once, unless your parents have set you up very well or you are a junior investment banker.

Jan 7, 2015

Stern Advice – Where to spend when you’re young and squeezed

NEW YORK, Jan 7 (Reuters) – The most financially challenging
state of life is not retirement, it is early career.

That’s the time when your salary is still probably low, but
you have the longest list of expenses: career clothes, cell
phone bills, your first home furnishings, cars, weddings, rent -
need I go on? You probably don’t have enough money to pay for
all of that at once, unless your parents have set you up very
well or you are a junior investment banker.

Dec 17, 2014

Act now: Congress delivers a few last minute tax savers

NEW YORK (Reuters) – The U.S. Congress, in its wisdom, waited until the waning weeks of the year to approve some tax breaks that will only be good for 2014.

That means that in some cases, you lost out: it is too late to take advantage of them and you are going to lose them at the end of the year.

Dec 17, 2014

Stern Advice-Act now: Congress delivers a few last minute tax savers

NEW YORK, Dec 17 (Reuters) – The U.S. Congress, in its
wisdom, waited until the waning weeks of the year to approve
some tax breaks that will only be good for 2014.

That means that in some cases, you lost out: it is too late
to take advantage of them and you are going to lose them at the
end of the year.

Nov 26, 2014

The loss leaders of the investment world

NEW YORK (Reuters) – Every industry has its loss leaders, and the investment world is no different. The theory is that you will go to the store for the $12 turkey and stick around to buy dressing, cranberries, juice, pies and two kinds of potatoes. Mmmm, but I digress.

In the investment world, the role of the cheap turkey is played by broad stock index exchange traded funds. While investment firms say they make money on even low-fee funds, their profit margins on these products have been narrowing.

Nov 26, 2014

Stern Advice-The loss leaders of the investment world

NEW YORK, Nov 26 (Reuters) – Every industry has its loss
leaders, and the investment world is no different. The theory is
that you will go to the store for the $12 turkey and stick
around to buy dressing, cranberries, juice, pies and two kinds
of potatoes. Mmmm, but I digress.

In the investment world, the role of the cheap turkey is
played by broad stock index exchange traded funds. While
investment firms say they make money on even low-fee funds,
their profit margins on these products have been narrowing.

Nov 12, 2014

How money experts handle their own finances

NEW YORK (Reuters) – We personal finance writers really do eat our own cooking.

I don’t mean that in the metaphorical sense in which it is usually used – the question of whether we follow our own advice is complex. But when 25 of us got together recently for a potluck meal, we found that we all literally ate a lot.

Nov 12, 2014

Stern Advice – How money experts handle their own finances

NEW YORK, Nov 12 (Reuters) – We personal finance writers
really do eat our own cooking.

I don’t mean that in the metaphorical sense in which it is
usually used – the question of whether we follow our own advice
is complex. But when 25 of us got together recently for a
potluck meal, we found that we all literally ate a lot.

Nov 5, 2014

Retirement withdrawal strategies that can pay off big

NEW YORK (Reuters) – Having your own tax-deferred retirement account is a bit like having one of those self-titrating morphine buttons that hospitals use: Press it whenever you need quick relief.

But once you’re retired and able to tap your 401(k) or individual retirement account (IRA), it’s not easy to titrate your own doses of cash. Withdraw too much, and you use up your nest egg too quickly; too little, and you might unnecessarily crimp your retirement lifestyle.

    • About Linda

      "Linda Stern is an award-winning personal finance journalist who loves to write about how the big picture affects your pocketbook. A former contributing editor at Newsweek magazine and a long-time Reuters columnist, Stern covers everything from credit cards to retirement planning to investing. As a Washington-based correspondent, she sneaks in as much tax and economic policy as her editors will allow. She tweets at www.twitter.com/LindaStern. And when she expresses opinions, they are her own and not those of her employer."
      Joined Reuters:
      October 2010
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