It’s no surprise that the tremendous volatility in the stock market has scared investors away from stocks. According to the Investment Company Institute, the trade association for domestic investment companies, in 2011 investors fled equity funds in droves — about $125 billion flowed out of stock mutual funds for the year. For some investors, particularly
Growing up, I lived with one of my grandmothers every summer, and during the winter, I lived down the street from the other. Both of them were huge influences in my life. My own children — because of death and distance — scarcely knew their grandparents — a hole in their lives that they probably
My grandparents bought me savings bonds when I was born. I spent the money the second it was in my grubby little mitts, which was around 16, if I recall correctly. Since then I’ve struggled with my innate tendency to burn through money like water with varying degrees of success. Rather than giving me the
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