Terry Savage’s Archives
Below you will find the columns terry has written by date.
Below you will find the columns terry has written by date.
Stock Market — The Bigger They Come . . .
The good news for investors just keeps coming - -and neither political machinations, the fear of a world-wide epidemic, nor warnings from seasoned investment pros have taken a toll. Yet. The stock market has reached new records in recent days. And investors also have record amounts in their retirement accounts. That’s the latest word from..
Beware of Bonds
The stock market has been getting all the attention in recent months, but the bond market has been getting a larger share of the investment dollars. The attraction is the higher yields and presumed safety of bonds. But those lures may prove to be a costly illusion when the next financial crisis arrives. The flow..
“Simplifi” Your Finances
Ever since Quicken was first offered by Intuit in a very basic way in the early 1990s, personal finance has been revolutionized by technology. Easy technology lets you see all your financial accounts in real-time, create spending plans, and be alerted to overspending – from a variety of products and forms. Traditionally, Quicken has resided..
Car Insurance by the Mile
Your car insurance is about to get personal. And if you’re willing to let the insurers track how many miles you drive, you can save a lot of money. The concept of paying for insurance based on the mileage you drive makes perfect sense. Currently, insurers lump you in with a demographic based on age,..
The Lure of Personal Loans
Personal loans are the fastest-growing debt category in the country. The outstanding amount has nearly tripled, growing from $55.3 billion to nearly $160 billion in the last decade. Just as in every other industry, technology has made all the difference, with Fintech companies creating algorithms that can make instant credit decisions. The result is personal..
Medicare’s Expensive 3 Days
In a healthcare emergency it’s difficult to think about finances. But if you or a loved one who is a senior are ever rushed to the hospital, overlooking this one detail could devastate your finances. It’s very simple: The Centers for Medicare and Medicaid Services has a three-day rule that says Medicare will not pay..
