Square Feet: Fractional Ownership Heads to Europe Long popular in the U.S., fractional ownership — in which the costs of a vacation home are divided among a pool of members — is steadily making its way across the Atlantic.
Your Money: Financial Advice for the Neediest Consumers The clients most in need of help often get the least access to competent financial advice. But Citi’s global wealth management unit has come up with a way to try to serve this untapped market.
Strategies: The Stars Have Yet to Align for Stocks The rally that began three weeks ago is fully supported by investor sentiment and not by fundamentals, suggesting that the bottom of this bear market has not yet been reached.
Cost of Living: A Conflict That Came in the Mail A tale of a husband who starts to throw away all the catalogs his wife receives so that she cannot be tempted to make purchases reveals many aspects of dealing with money in a relationship.
Off the Shelf: Who Wants to Retire Later? (Don’t Laugh) In their new book, Alicia H. Munnell and Steven A. Sass argue that we may have to work longer and retire later if we want to avoid a decline in our standard of living.
Update: New Proposed Legislation on 401(k) Debit Cards Interviews with Senator Charles E. Schumer, who introduced legislation to outlaw using debit cards in tandem with 401(k)s, and Bruce R. Bent, chairman of Reserve Solutions’s parent company.
