Four Money Resolutions for Building Wealth

It’s been another good year for investing, but only if you’ve been doing it right. U.S. stocks are up 14 percent this year as of Dec. 26, on top of a 33.5 percent gain last year, as measured by the Vanguard Total Stock Index Fund ETF (VTI). If you want to do it right in 2015, and maximize the chances of growing your wealth, now is the perfect time to make some New Year’s resolutions. Repeat after me…. I will stop making …

When Scary Headlines Make You Anxious About Millennial Kids

When our millennial children live in another city or away at school, most of the time “out of sight” means “out of mind.” But breaking news headlines can raise our anxiety levels to high alert, and recently that seems almost a daily occurrence. Example: the disappearance and murder of University of Virginia sophomore Hannah Graham. It attracted national media attention during the last few weeks, and no wonder: Many parents immediately related to the story. Grown & Flown blogger Mary …

The Danger of Acting on Stock Market Headlines

Over the past five years, U.S. stocks have tripled in value. For example, the Wilshire 5000 total return index increased from 27.50 to 82.62. Yet paranoia about the market has caused many investors to miss out. The chart below shows the return an investor would have received just by owning a total U.S. stock index fund and reinvesting the dividends. A total U.S. stock index fund essentially owns every publicly held company based in the U.S. Though the chart tracks …

Divorce, American Style

We barely began the new year before celebrity divorces began making headlines. Last week the 1970s pop duo Captain & Tennille (“Love Will Keep Us Together”) announced the end of their 39-year marriage. That came a week after former New York Gov. Eliot Spitzer and his wife, Silda Wall Spitzer, filed for divorce. No surprise there. Gawking at celebrity divorces is nothing new, though there sure are more of them – especially for the headliners who have been around for …

‘Headless’ Headline Writer Axed by NY Post

Citing budget cutbacks, the New York Post has axed Vincent A. Musetto, the journalist widely credited with writing one of the greatest tabloid headlines of all time (“HEADLESS BODY IN TOPLESS BAR”), dropping him from his most recent assignment as a film critic. “After 40 years at the Post, during which I wrote ‘Headless Body in Topless Bar,’ it has come to this,” Musetto said in an e-mail to his colleagues. Musetto was running the paper’s newsroom in 1983 when …