Financial Services

I want my brother to inherit my estate. I've three other siblings. Do I need an attorney? What could go wrong? 

I want my brother to inherit my estate. I’ve three other siblings. Do I need an attorney? What could go wrong? 

Dear Quentin, I am in my 60s — a widow with no kids, but a big extended family. I own my own house and car. I have a couple of investment accounts, a savings account and a pension. I have listed one of my brothers as beneficiary for all of my assets. What can I …

I want my brother to inherit my estate. I’ve three other siblings. Do I need an attorney? What could go wrong?  Read More »

I’m 35 and mortgage-free. My boyfriend, 55, wants me to move into his house and help pay off his mortgage. What should I do?

I’m 35 and mortgage-free. My boyfriend, 55, wants me to move into his house and help pay off his mortgage. What should I do?

Dear Moneyist, I’m 35 and have been dating a man 20 years older than me; he is 55. I have a 5-year-old child. Things were going well until we started having conversations about the relationship being serious and possibly merging our assets.  He shared his home with his ex-wife after being married for 20 years. …

I’m 35 and mortgage-free. My boyfriend, 55, wants me to move into his house and help pay off his mortgage. What should I do? Read More »

I’m 53 and hate my job. My husband, 59, and I have two homes, plus $1 million in savings. Can we afford to retire?

I’m 53 and hate my job. My husband, 59, and I have two homes, plus $1 million in savings. Can we afford to retire?

I’m 53 years old and my husband is 59, and we have three children. I make $160,000 a year at my one job, which I hate, and I bring in between $22,000 and $27,000 from my secondary job, which I love. My husband is self-employed and makes between $150,000 and $250,000 a year. We have …

I’m 53 and hate my job. My husband, 59, and I have two homes, plus $1 million in savings. Can we afford to retire? Read More »

People keep suing celebrities like Cristiano Ronaldo and Tom Brady over crypto losses

People keep suing celebrities like Cristiano Ronaldo and Tom Brady over crypto losses

Ever since the collapse of cryptocurrencies last year, lawsuits have been flying. But a series of class-action suits targeting celebrity endorsers of crypto exchanges like FTX and Binance have been piling up in federal court in Miami, all filed by the same group of South Florida lawyers. The latest suit names global soccer superstar Cristiano …

People keep suing celebrities like Cristiano Ronaldo and Tom Brady over crypto losses Read More »

Options traders are piling into bullish bets on small-cap stocks at a record pace

Options traders are piling into bullish bets on small-cap stocks at a record pace

Options traders piled into bullish bets on the Russell 2000 on Tuesday, after the October consumer-price-index report sent the battered small-cap index surging to its best day in more than a year. A team of options strategists at Goldman Sachs Group said that 1.44 million call options tied to an exchange-traded fund tracking the Russell …

Options traders are piling into bullish bets on small-cap stocks at a record pace Read More »

Bank stocks surge after inflation report, regional banking ETF logs biggest gain since May

Bank stocks surge after inflation report, regional banking ETF logs biggest gain since May

Exchange-traded funds that buy bank stocks surged Tuesday after a reading on inflation was softer than Wall Street analysts expected. Shares of the SPDR S&P Regional Banking ETF KRE closed 7.4 % higher, booking their largest percentage increase since May, according to Dow Jones Market Data. The Invesco KBW Bank ETF KBWB, which holds major …

Bank stocks surge after inflation report, regional banking ETF logs biggest gain since May Read More »

This week's October inflation data looms large on Washington's economic radar

This week’s October inflation data looms large on Washington’s economic radar

Inflation data, a Fed speech and a government-shutdown deadline are on the calendar this week. MarketWatch photo illustration/iStock U.S. inflation data for October is clearly the economic highlight for markets, economists and policymakers this coming week. That’s because if price pressures continue their cooling trend from the summer, the Fed might be able to refrain …

This week’s October inflation data looms large on Washington’s economic radar Read More »

‘We stay in two-star hotels’: We’re 70 and have $1.8 million, but my husband insists on living cheap. Don’t we have enough?

‘We stay in two-star hotels’: We’re 70 and have $1.8 million, but my husband insists on living cheap. Don’t we have enough?

We are both 70. We retired at age 62, but my husband immediately went back to work with two part-time jobs. He constantly worries about money. We own a home worth $550,000 and still owe $128,000 on it. We have a 2.2% interest rate. My husband says it makes no sense to take out money …

‘We stay in two-star hotels’: We’re 70 and have $1.8 million, but my husband insists on living cheap. Don’t we have enough? Read More »

Dow ends nearly 400 points higher as tech rally leads stocks to highest close since September

Dow ends nearly 400 points higher as tech rally leads stocks to highest close since September

U.S. stocks ended sharply higher Friday, more than shaking off weakness seen the previous session in the aftermath of a poor Treasury bond auction and fresh signs that interest rates may stay higher for longer. Technology stocks drove the bounce, with the Nasdaq Composite leading major indexes to the upside as it and the S&P …

Dow ends nearly 400 points higher as tech rally leads stocks to highest close since September Read More »

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