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 …

Will There Be a Santa Claus Market Rally?

Since 1950, December has proven to be the best month for the stock market. According to MoneyChimp.com, the S&P 500 has turned in an average gain for December of 1.62 percent, outpacing any other month. So far this December, Santa has left nothing but coal in the stock market’s stocking, with the S&P 500 losing more than 65 points, or about 3.77 percent, through Dec. 15. Not exactly anyone’s idea of a rally. >> 5 Bad Investment Moves No need …

Why the Stock Market Plunge Is Not World’s End

The headlines read “Stocks Plunge” and “Why the Selling Is Just Getting Started.” It’s enough to get anyone scared and ready to exit the market.  Before you do, consider the following: First, have a little perspective. Sure, the benchmark Dow Jones Industrial Average is down about 1,300 points in less than a month, but remember that the Dow isn’t the entire U.S. stock market and doesn’t reflect dividends. I prefer to look at the entire U.S. market considering a longer perspective, using a …

The Takeaway: 401(k) Balances Down Despite Higher Contributions

Employees contributed more to their 401(k) plans in 2011, according to Fidelity Investments, and matching contributions from employers were up, too. But despite this uptick in contributions, the year-end average for Fidelity’s 401(k) participants was down.

The Takeaway: U.S. Retirement Assets Declining Again; Payroll Tax Deadlock Ends; World’s Oldest Yoga Teacher

Americans’ retirement assets lost a total value of $1.4 trillion last quarter, the first decline since the depths of the recession three years ago, according to a new report … After initially rejecting the measure, House Republican leaders yesterday agreed to a two-month payroll tax cut extension””and, with it, an extension of federal unemployment benefits and a temporary ‘doc fix’ … And Bernice Bates, 91, has been named the world’s oldest yoga teacher by Guinness World Records.

The Takeaway: Weekend Edition

Aging is for the birds.  A growing number of people over 50 just refuse to let it happen. Sure, they’ll celebrate the milestone birthday, but they’ll do their best not to look their age.  Or feel it. Or even act it.  (See Ernestine Shepherd. You now have no excuse for not working out.)