Guide to Credit Cards


Credit cards can be a quick and easy way to borrow money to pay for things. Let’s say you are window shopping and spot a must-have pair of shoes. You have no cash to hand, but it doesn’t matter. You can simply pay with a credit card. Or maybe you need a new dishwasher or washing machine, but it’s still…

Are we about to witness another financial crysis?


As we move toward the second half of 2015, signs of financial turmoil are appearing all over the globe.  In Greece, a full blown bank run is happening right now.  Approximately 2 billion euros were pulled out of Greek banks in just the past three days, Barclays says that capital controls are “imminent” unless a debt deal is struck, and…

Calpers did it again


The California Public Employees’ Retirement System intends to cut ties with roughly half of the firms handling its money to reduce fees paid to investment managers, the Wall Street Journal reported. Calpers, the largest pension fund in the United States, will tell its investment board on June 15 that it plans to cut the number of direct relationships it has…

Switching to Medicare?


The hand-off from employer health insurance to Medicare can be one of the trickiest challenges you will face in managing your retirement. The rules are full of pitfalls that can cost you thousands of dollars in unnecessary premiums or lead to a risky gap in coverage. Here are the six most frequent questions I get about the work-to-Medicare transition: 1….

Is Greece going to ruin it all?


Thousands of Greeks rallied outside parliament in central Athens to urge the government to reach an agreement with its creditors that will keep the country inside Europe’s monetary union. The protest swelled as the latest talks in Luxembourg broke down after four hours, again failing to break the deadlock over the country’s bailout plan. Demonstrators climbed the steps leading up…

ECB Loosing patience now


The European Central Bank plans to hold an emergency session of its Governing Council on Friday to discuss a deterioration in liquidity at Greek banks, three people familiar with the matter said. The call is scheduled for noon Frankfurt time, when officials will consider a Bank of Greece request for an increase of more than 3 billion euros in Emergency…