Personal Finance

Choosing investment adviser can be as tricky as picking stocks
MILWAUKEE - After one of the worst market downturns in history, some shell-shocked investors are looking to professionals to make investment decisions for them.
Reverse mortgages can be good source of money for elderly homeowners
All of us who own stocks or stock funds are moaning and groaning about the 3-year-old bear market. But there's another group of sufferers: fixed-income investors, many of them elderly.
Safer investments for retirees suffer under new tax law
Assume you're a retiree who needs steady, dependable investment income, or you're a younger person who wants some traditional "fixed-income" holdings such as bonds.
Medicare drug bill: An impending disaster
With the support of the Bush administration, or at least with its acquiescence, Congress appears on course to enact a huge new entitlement aimed at middle-income Americans. President Bush likely will sign whatever bill emerges. As Nancy-Ann DeParle, a Medicare administrator for President Clinton, puts it, "In signing it, as he will surely be forced to do, he will preside over the biggest expansion of government health benefits since the Great Society."
Social Security Q&A
Q: I soon will be 60 years old and am afraid I will not qualify for widow's benefits at that time. I was married to my husband for many years. But four years after he died, I married another man. That marriage was later annulled because of fraud on his part. Did that mistake mess up my chance to get my first husband's Social Security?
Don't rely on laws to fight predatory loans
You've heard a lot about recent laws to protect homeowners from the predatory mortgages that strip some people of their biggest asset - the equity in their house.
When disaster strikes, you may be able to deduct it
It's hard enough going through tough times.
Credit insurance not much of a safety net
Anytime you buy something on credit - whether a car or a couch or a computer - you can expect to be offered an add-on called credit insurance.
Product Recalls
Kennedy International recalls folding step stools
About 1.6 million stools are being recalled because the stools can break or collapse unexpectedly when in use.
Banzai inflatable pool slides recalled
Wal-Mart and Toys R Us are announcing the recall of about 21,000 inflatable Banzai in-ground pool water slides because during use, the slide can deflate, allowing the user to hit the ground underneath the slide and become injured.
Trampolines recalled
Sportspower is recalling about 92,000 BouncePro 14’ trampolines because the netting surrounding these trampolines can break.
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