In Spotting Scams, Older Is Wiser

Despite the popular perception — more likely, because of it — those at highest risk of falling for a scam are millennials, not their grandparents or parents. So says the Better Business Bureau (BBB) after polling some 2,000 adults in the U.S. and Canada about perceived personal vulnerability to scams and who they think is most likely to fall victim. (Participants were unaware that the BBB was behind the survey.) The majority of respondents believed that the typical scam victim …

Bedtime Blood Pressure Meds May Help Prevent Diabetes

Sometimes it’s not just a matter of taking your medication, but also when you take it that’s paramount. That’s the surprising conclusion of a new study that found that taking your blood pressure pills at bedtime, rather than waiting until morning, can cut your risk of developing type 2 diabetes by more than half. Spanish researchers with the University of Vigo conducted two related studies, both published Sept. 23 in the journal Diabetologia, that tested the link between blood pressure …

What You Need to Know About Bonds

Ever wonder why prices of bonds and bond funds do what they do when interest rates fluctuate? Here’s what you need to know about how bonds work — as well as what you may think you already know that’s wrong. When you buy a bond, you are merely lending money to a government entity or corporation. Assuming there is no default, they will pay you interest for a period of time and then give you back your principal. Bonds have …

Will I Get Alzheimer’s? 6 Ways to Reduce the Risk

When I tell people I’m caring for my 91-year-old dad who has Alzheimer’s disease, they look at me sympathetically and say, “I don’t know how you do it.” When they learn that I also cared for my grandmother when she had Alzheimer’s, they gingerly ask, “Are you afraid of getting it yourself?” Well, yes, actually. I’m terrified. With World Alzheimer’s Day this month (Sept. 21), it’s on my mind  more than usual. No one wants to get Alzheimer’s, but when …

How to Beat the S&P 500 Index

I’m going to try to mislead you, but it’s for a very good reason. What I have for you is a U.S. stock fund that not only has beaten the S&P 500 index, it’s nearly certain to continue doing so in the long run. For now, I’m going to call this mutual fund the Super-Secret Fund, or SSF for short. Looking back over 20 years, you can see that the SSF trounced the S&P 500 index. Not only did it …

Investing — It’s OK to Have Some Fun

In a recent column I exposed my own portfolio and its daring dullness. It is that very dullness which, I believe, is the key to its success. Still, beneath this dull exterior beats the heart of “The Gambler.” Even yours truly gets the occasional urge to buy that risky stock, offering the possibility of a 1,000 percent return, and sometimes I just can’t resist acting on that thrill-seeking urge. That’s why I carve out a small piece of my portfolio …