Managing Across the Risk Spectrum – Choosing the Right Investment Portfolio Allocation Based on Age and Market Conditions

While reviewing and updating my 401K allocations at Fidelity, I noticed this relatively common graphic showing portfolio mixes (allocations) based on an investor’s risk profile. Generally speaking most financial advisers and traditional market wisdom tell you that your portfolio allocation should be based on your age, which determines the duration …

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Negotiating Down Your Credit Card Debt by Half or More

A strange phenomenon is taking place – credit card companies are willing to really negotiate on how much you repay of your overdue debt. With revolving credit, a close approximation of credit card debt, totaling $940 billion in March of which 6.5 percent was at least 30 days past due …

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