Astronomical Cost of Living

The rule of thumb in financial planning circles is that you shouldn’t spend more than 25% of your income on housing costs. But if you live in certain cities, it might be a tad difficult to follow that rule. Pity New Yorkers, whose rent costs 63.1% of their income. And New York is cheap compared […]

Low Cost, More Demand

The average investor isn’t stupid. The latest evidence comes from a look at where investors are putting their money, taken by the Morningstar mutual fund data organization.

Morningstar found that when they ranked funds by how much they cost their investors, from the top 20% to the bottom 20%, they found that the lowest […]

Money from Heaven

A term you’re likely to be hearing more of in economic reports is “helicopter money,” which might replace “QE” in our lexicon of Central Bank policy terms.

What is it? “Helicopter Money” basically means dropping money out of the sky; the term is shorthand for a government printing money as a way to stimulate the […]

Work Longer, Live Longer

There’s finally an answer to an age-old question: How can you live a longer, more satisfying life?

The answer: work past the traditional retirement age of 65.

A new study published in the Journal of Epidemiology & Community Health looked at the risk of dying for different age groups of Americans, and compared it to […]