Personal Finance

A recent study from Bankrate revealed that cash is millennials' preferred long-term investment. While cash is certainly the safest bet in the near-term, historical evidence suggests millennials who stick to this investment strategy over time will be missing out on some major wealth. By The...

Video content is picking up steam across the financial industry as online brokerages seek to move away from dreary PDF statements as the medium of choice for reporting results. The reason for the move to video can be captured in a single number: $30 trillion. That's the amount of money set to...

"The key to making money in stocks is not to get scared out of them." -Peter Lynch The term investing refers to risking one's capital with the hope of generating future returns. Not everyone commits their capital with the same objective, which often varies with age, risk tolerance,...

The term "administrative offset" brings to mind meaningless governmental jargon. It is governmental jargon. But if you are affected, it's not meaningless at all. In layman's terms, administrative offset is the government's way of applying money that would normally be...

Are you familiar with the 4% rule and how it relates to retirement? Financial planner Bill Bengen developed the 4% rule in the mid-1990's. Bengen estimated that if a retiree removed 4 percent of the total value of retirement savings in the first year of retirement and withdrew 4 percent...

Fidelity, one of the largest providers of index funds and mutual funds, said Wednesday it's introducing two equity-based index funds that will not have expense ratios. The Fidelity ZERO Total Market Index Fund (FZROX) and Fidelity ZERO International Index Fund (FZILX), which are expected to...

In a payments landscape where everything from Apple Pay to cryptocurrency is now available, credit cards and debit cards remain the go-to payment method of choice for most people today. Card payments are faster and, in many ways, more secure than ever before, particularly with the advent of chip...

Fidelity Investments rolled out a number of new products and features Wednesday aimed at providing investors with value and flexibility. What Happened? Fidelity announced a series of changes and enhancements to its product offerings: Zero expense ratio mutual funds. No account minimums. No account...

The generation that could kill off paper currency is still very much into cash. Thirty percent of millennials, defined as 18-37 year olds, said cash is the best place to park money they will not need for 10-plus years, according to a study from Bankrate. Despite record highs in the...