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.
Patience is an Investing Virtue
While economists and stock gurus spend this month making forecasts, ordinary investors are faced with the challenge of figuring out how to allocate their 40l(k), IRA, and other retirement accounts. To do that well, you don’t need a crystal ball to forecast either economic growth or market results. What you do need is . ...
Coming Pension Defaults
For millions of union workers, part of the attraction of paying union dues over a lifetime of work was the promise of a lifetime a pension. Now, as a result of years of mismanagement, bad investments, or bad assumptions on returns, some funds are running out of money to keep their pension promises to union..
Don’t Make a Resolution — Make a PLAN!
Resolutions made at this time of year tend to have lofty goals: lose weight, stop smoking, get out of debt. And while these goals are certainly worthy, it’s an old Savage Truth that a goal without a plan is just a dream! Read It Here
Now’s The Time to Create Your Budget
Making a budget is likely at the bottom of your “to do” list at this time of year, but when is a better time to do it? Now you can look back at all of your spending — and overspending. And it’s the perfect time to plan for the year ahead. Here are three easy..
Start Repaying Student Loans Now
An entire generation has graduated into debt that may not be easy to repay. And if you graduated last Spring, now is the time you must start the repayment process. Read It Here
Special Report: Free Mortgage Down Payment Money!
A bank is granting free money to help you with a down payment on a house! It sounds too good to be true, but it actually is true. Here are the details. Read It Here
Small Biz Health Ins Deal Beats Obamacare Exchanges
There’s a little-known “quirk” in the Affordable Care Act that allows small businesses a chance to offer employees – even if as few as one employee enrolls – a job –based plan that is equivalent to the best deals offered by major insurers. Read It Here
Best Gift — 529 College Savings Plan
The best gift of all is a good education. So consider opening a 529 College Savings plan account for your children or grandchildren. Read It Here
2016 Holiday Money Gifts for Children
Every year at this time I give some suggestions for holiday presents that have real financial meaning for your children and grandchildren. Read It Here
Best Gift — 529 College Savings Plan
The best gift of all is a good education. So before you start shopping for holiday gifts for your children or grandchildren, consider opening a 529 College Savings plan account. These tax-sheltered college savings incentives are easy to open, require no major investment decisions, and this gift will be appreciated far into the future. Here..
Obamacare Signup Tips
It's time to make choices about plans offered under the Affordable Care Act, known as ACA or Obamacare. Read It Here
The Election and the Market
As the election draws near, many people are wondering about the impact on their investment portfolios. Read It Here
Medicare Part D — Drug Test!
It’s time for your annual drug test. And ignoring it could be very costly. Read It Here
It’s Still the Economy, Stupid
The silence about the economy in this political season is deafening. Read It Here
Cheated — or Escheated?
What would you do if you looked at your quarterly statement and the stocks in your account were gone — simply gone? Read It Here
Check Your Risk Exposure
Have you ever made a list of all our personal risks and vulnerabilities? It can be a shocking undertaking. But corporations across America are now required to do "enterprise risk management" (ERM) studies. And so should you. The difficult part of this project is figuring out where to start. Here are a few areas you..
Debt Relief for Seniors, Disabled
Imagine being a senior citizen, living on Social Security and perhaps a small fixed pension, and trying to deal with the rising costs of living. Or imagine being a disabled person with no hope of earning additional money to make ends meet. Read It Here
Start FAFSA Now!
There’s a big change coming in FAFSA – the Free Application for Federal Student Aid. And if you miss out on the new, earlier deadline, you just might miss out on a lot of money! Read It Here
How Fed Hike Would Hit You
The Federal Reserve Board has been threatening to raise interest rates for almost two years. And now it really seems poised to take the second rate hike step of the past 10 years. Read It Here
Social Security and Generation Warfare
Will you receive your Social Security check? It’s a question that’s about to divide generations and confront politicians. Read It Here
