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Help for mounting 401(k) losses

November 22, 2008

Question: I'm retired and my 401(k) has lost approximately 35% over the past year. My financial adviser tells me to stay the course, but the losses keep mounting. What should I do? -Dale Marcos, Lafayette, Indiana

Retired from GM: One worker's fears

November 22, 2008

Standing at the factory gate he once entered for 33 years is like visiting a cemetery for George Hall.

Unemployed? More help for you

November 22, 2008

Congress passed legislation late Thursday to extend the period of government assistance to Americans struggling in the shrinking job market.

Economy lightens Santa's bag

November 22, 2008

Cash strapped Christmas shoppers will have a tighter hold on their pocketbooks this holiday season, according to a national consumer survey released Friday.

How not to act your age at work

November 22, 2008

So you've discovered how to network on Facebook and LinkedIn and you've even been known to forward the occasional YouTube video to colleagues. Well, don't go congratulating yourself on how au courant you are just yet.

Beware of free financial advice

November 22, 2008

Question: My wife and I are looking into getting some financial advice. Our bank says they offer free services through their financial adviser. This worries my wife because she thinks that the adviser will push the bank's agenda. Is it safer to go with an individual adviser, or is going with one with a bank just as easy? The Mole's Answer: I'm going to go with your wife on this one. But this doesn't mean that the individual unaffiliated adviser is going to do anything different. Every adviser, including yours truly, has an agenda to push.

The 'Great Crash' in the history books

November 22, 2008

Dear Lucy and Emile,

'I.O.U.S.A.': Tackling national debt

November 22, 2008

Al Gore put global warming into the family dinner conversation; now David Walker, former U.S. Comptroller and the star of "I.O.U.S.A.," a documentary about our ballooning national debt, says that if we don't face up to our fiscal problems, the U.S. could go broke.

4 lessons from the financial crisis

November 22, 2008

If you can learn from the mistakes of others, now is a great time to be an investor.

Whatever you do, don't buy Sears

November 22, 2008

Investors who think shares of Sears Holdings are a bargain after plummeting 80% from their peak should think again.









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