5 Things We Now Know About Obamacare

We’ve learned a lot about Obamacare in the past week. While the trouble with the HealthCare.gov website has monopolized the news, the site will eventually get fixed. What’s here to stay, however, are the lasting changes the Affordable Care Act has made to health care and medical insurance. Here are the five things we now […]

5 Ways to Send Your Car Insurance Payments Sky-High

The more I drive, the more I’m aware of one thing: The roads are jammed with drivers who couldn’t seem to care less about the high cost of operating a motor vehicle. Racing to red lights, making like jackrabbits from stop signs, maniacally risking rollovers and head-on collisions, they appear intent on driving themselves to […]

Consumer Reports Releases Car Reliability Rankings (2013)

Cconsumer Reports has just released its car reliability rankings for 2013. As expected, non-domestic auto manufacturers dominated the top ten spots. There were, however, some surprises. Consumer Reports no longer recommends the Toyota Camry because of less than stellar results on a new Insurance Institute for Highway Safety crash test. Volvo jumped a whopping 13 […]

A Brief History of Daylight Saving Time

Daylight Saving Time is the semi-annual ritual of setting our clocks one hour forward or back depending on the season. “Spring forward. . .fall back” is the familiar reminder of which direction we should adjust our clocks. But why do we have DST and where did it come from? It turns out that Daylight Saving […]

Vanguard Managed Payout Fund–A Simplified Strategy for Retirement Income

Simpler is better. Wouldn’t it be great if retirees could invest in a single mutual fund that (1) invested their nest egg wisely, and (2) automatically distributed retirement income each month? Enter the Vanguard Managed Payout Fund. A reader named Paul alerted me to this option the other day. It turns out that Vanguard had […]

How to Respond to a Stock Market Crash

Today is the 26th anniversary of the 1987 stock market crash. On that day, the market plunged more than 22 percent. While the ’87 crash is a distant memory, it serves as a good reminder that the market doesn’t always go up. More importantly, how prepared are we to handle a market crash? I can […]