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My husband says we’ll be ‘homeless’ if we keep renting. We’re 68 and 74 — do we buy a home instead?

My husband says we’ll be ‘homeless’ if we keep renting. We’re 68 and 74 — do we buy a home instead?

Dear MarketWatch,  My husband is 68 and I’m 74. He makes $250,000 a year. We’re renting a townhouse in a very upscale suburb in the Houston area, but our last rent increase was $300 a month!  My husband wants to find a house for not more than $300,000 because he doesn’t want to be a …

My husband says we’ll be ‘homeless’ if we keep renting. We’re 68 and 74 — do we buy a home instead? Read More »

‘We went through all of my 401(k) investments’: I lost my job, then my home. Do I have any claim to my wife’s $200,000 inheritance?

‘We went through all of my 401(k) investments’: I lost my job, then my home. Do I have any claim to my wife’s $200,000 inheritance?

Dear Quentin, My wife and I have been married for over 30 years. Throughout the years, we relied mainly on my income. My wife worked occasionally, but mainly raised the children. We started to struggle financially when I was laid off. We went through all of my 401(k) investments. I lost my home through a …

‘We went through all of my 401(k) investments’: I lost my job, then my home. Do I have any claim to my wife’s $200,000 inheritance? Read More »

‘I didn’t see how this could happen’: My brother drained $200K from my mother’s savings

‘I didn’t see how this could happen’: My brother drained $200K from my mother’s savings

I read and hear so much about adult siblings who always got along, but suddenly start fighting among themselves when they are about to inherit their parents’ estate. I didn’t see how this could happen to my family — until now. We’re not at that point, but things are getting tense. I am the middle …

‘I didn’t see how this could happen’: My brother drained $200K from my mother’s savings Read More »

'Low-paying jobs are the economy's way of saying you should get a better job': I've decided to stop tipping, except at restaurants. Am I wrong?

‘Low-paying jobs are the economy’s way of saying you should get a better job’: I’ve decided to stop tipping, except at restaurants. Am I wrong?

I have read your columns about tipping, and I am happy to say that I have decided to completely stop tipping — except for a meal in a restaurant. Fast food, coffee shops etc.? Not anymore. I’m a tradesman, and we pay for our tools, vehicles and years of training while earning zip. I refuse …

‘Low-paying jobs are the economy’s way of saying you should get a better job’: I’ve decided to stop tipping, except at restaurants. Am I wrong? Read More »

Will higher interest rates trigger a debt crisis and cuts to Social Security and Medicare? Don't believe it.

Will higher interest rates trigger a debt crisis and cuts to Social Security and Medicare? Don’t believe it.

In a recent commentary for the Financial Times, Martin Wolf trots out the specter of a “public-debt disaster,” that recurrent staple of bond-market chatter. The essence of his argument is that since debt-to-GDP ratios are high, and eminent authorities are alarmed, “fiscal crises” in the form of debt defaults or inflation “loom.” And that means …

Will higher interest rates trigger a debt crisis and cuts to Social Security and Medicare? Don’t believe it. Read More »

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 »

ChargePoint stock down more than 20% after revenue warning, CEO change

ChargePoint stock down more than 20% after revenue warning, CEO change

Shares of ChargePoint Holdings Inc. tanked more than 20% in the extended session Thursday after the EV charging company lost its top executive and said its third-quarter sales are well off the mark. “Our core markets of North America and Europe both came under pressure late in the third quarter, with revenue falling far short …

ChargePoint stock down more than 20% after revenue warning, CEO change Read More »

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