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 …
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 …
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 »
As the third Republican presidential debate nears, Nikki Haley’s chances of becoming the party’s 2024 nominee have been improving, with betting markets tracked by RealClearPolitics putting them at 9% to 11% over the past week. That sets her just ahead of Florida Gov. Ron DeSantis for the first time this year, as the Florida governor’s chances have …
I’m aware that property acquired during a marriage is generally considered marital property. However, I believe you noted in a recent column that this is also true of a house purchased during a marriage with only one name on the deed. If one individual receives an inheritance during the marriage, purchases a home solely out …
The potential return of the fiduciary rule, which if passed would require more stringent regulations of financial advisers, received a mixed reception, with many in the financial services industry objecting to what it sees as “unnecessary” regulation. The White House announced on Tuesday its latest proposal focused on retirement savings. The law, if passed, would …
Biden’s latest fiduciary rule proposal has many critics — here’s why Read More »
PHILADELPHIA — A new federal housing policy will make it easier for some home buyers to qualify for a mortgage by allowing them to include rental income from accessory dwelling units as part of their application. The Federal Housing Administration announced Monday that under a new policy, it will allow lenders to count income from …
Feds make it easier for home buyers to buy houses with accessory dwelling units Read More »
While stocks get clobbered by rising bond yields, financial experts say everyday investors can roll with the punches by increasing their exposure to longer-term Treasurys and other fixed income — so long as they understand what they are doing. Yield — and more of it — has been a great-sounding idea for more people ever …
Fears about rising bond yields are way overblown. This has turned investor sentiment quite dark — and created a textbook contrarian buy signal. Here are six reasons why you can feel confident betting against the gloom and doom crowd and put money into the market — especially in economically sensitive cyclical stocks. 1. Bond yields …
It’s time for you to take a deep breath and buy stocks Read More »
As if home buyers didn’t have enough to worry about. In addition to elevated interest rates and high home prices, Americans applying for government-backed mortgages may face unexpected delays in the event of a partial government shutdown. As the new fiscal year approaches on Oct. 1 with no funding in place as lawmakers have yet …
Government shutdown could leave thousands of federally backed mortgages in ‘limbo’ Read More »
