To Harry Markowitz, the father of modern portfolio theory, the Facebook stock hubbub is a yawn. He’d rather focus on a rigorously diversified mix of stocks and bonds.
An overextended family can solve its problems by cutting spending, increasing savings and paying down debts. But such belt-tightening doesn’t work as a metaphor for the national economy.
What happens when your car doesn’t have E-ZPass, but you’re forced to use the “E-ZPass Only” lane at the tollbooth? A reader asks the Haggler to help resolve the resulting mess.
In light of JPMorgan Chase’s multibillion-dollar loss, a look at how individuals can manage risk in their own investments with trade-offs and moderation.
Nearly everyone pursuing a bachelor’s degree is borrowing money, and as prices soar, a college degree often comes with an unprecedented financial burden.
Some states are diverting their share of $2.5 billion they were awarded in a mortgage settlement, money intended to help homeowners and mitigate the effects of foreclosures.