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 …

When It Comes to News, There Are Gazers and Grazers

If you’ve turned the pages of a newspaper in public to find out what’s going in the world, you may have felt just a bit out of place among all the twenty-somethings using tablets and smartphones for the same purpose. Sign up for the AARP Money Matters newsletter According to a new survey from the Pew Research Center, what you noticed is a profound generational difference in how Americans get their news. Those of us who are 50 and older, …

11 Things We Didn’t Know Last Week

News, discoveries and fun … 1. The world’s ugliest animal is … the blobfish. (Learn more at CNN)   2. Surprise: The “perfect age” is now 50. (Learn more at AARP) 3. The Beatles have a new album on the way. (Learn more at BBC) 4. A daily cup of coffee can help prevent uterine cancer. (Learn more at AARP)   5. Why Tofutti CEO David Mintz loves older workers: “There’s no experience like experience.” (Learn more at The Tennessean) 6. The latest Forbes 400 list of richest Americans gives …

‘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 …

11 Things We Didn’t Know Last Week

News, discoveries and fun … 1. It takes a licking but keeps on ticking: Scientists can rebuild a mouse’s heart with human cells. (Learn more at Futurity.org) 2. Quick: Who’s that below? A simple test that measures the ability to recognize and name famous people may help diagnose early dementia. (Learn more at AARP) 3. Drinking two cups of cocoa a day may help keep your brain healthy. (Learn more at AARP) 4. Twitter can predict elections. (Learn more at …

11 Things We Didn’t Know Last Week

News, discoveries and fun… 1. Howdy Doody (and Van Gogh) could help save Detroit. (Learn more at AARP) 2. The YouTube sensation “Grandma Drummer” has revealed her identity. (Learn more at AARP) 3. A stench like rotting flesh from a blossoming corpse flower attracts not only bugs but humans, too. (Learn more at Washington Post) 4.  The days of $3 a gallon gas are gone for good.  (Learn more at AARP) 5. “Silver shoplifting“ in Japan has doubled since 2002. (Learn more at Portland Press …