Log In

Dear Dave, What are some ways to teach preteens the value of giving versus getting during the holiday season? PHIL Dear Phil, As a parent, one of the best things you can do is be a living, breathing example of the importance of giving and caring abou...

What’s driving the stock-market rally? How you answer that question determines if you are a bull or a bear. I have been thinking about this for some time. Regular readers know I am in the bull column, and have been for some time — but only up to a po...

Dear Dave, I have a rental property that I still owe some money on, and I’ve just begun Baby Step 2 of your plan. Should rental property debt be included in the debt snowball? — Matt Dear Matt, No, it shouldn’t. Baby Step 2 of my plan is where you u...

NEW YORK — Thursday marked the 30th anniversary of the 1987 stock-market crash, which happened to fall on a Monday. That day — Black Monday — still stands as the biggest percentage loss in the history of the Dow Jones Industrial average, with a 22.6 ...

Dear Dave, What’s the difference between a credit union and a bank? JAKE Dear Jake, A bank is owned by stockholders. When the bank makes a profit — and they should make a profit — the stockholders, who are owners of the company, get that profit. It c...

Dear Dave, What is your opinion of buying a vacation home, then renting it out when you’re not there? — J.P. Dear J.P., I see nothing wrong with it, as long as you’re buying with cash and you’re also debt-free. A vacation home is a wonderful “extra” ...

Dear Dave, My son is about to go off to college, and I’m concerned about how he’ll handle his money when he gets there. We’ve taught all our children how to use your envelope system, and to save and give, but I’d like some advice on how he can safegu...

Dear Dave, I have a savings account for my two-year old that has $5,000 in it, and about half of that is in gold. I’m going to save for his college separately, and give this to him to help start his life after school. Is there a better place to put t...

Seventeen years ago, Mauricio Lim Miller, a leader in the field of social services, received a phone call from Jerry Brown, who was the mayor of Oakland, California, at the time, that set him on a quest to understand how families really overcome pove...

I keep reading how this bull market is the second-longest since the Second World War. Lots and lots of articles, comments, observations, tweets, blog posts and on and on are running with this idea. The assertion has been made by both amateurs as well...