Call it the Dirty Harry portfolio. Five big bets for the brave, and only one question. Do you feel lucky? These aren't the investments for Grandma. And they aren't wagers to take with your rent money. These are the risky bets most people are ...
What if everything your investment adviser is telling you is wrong? Look at the mutual fund choices your company is offering in your 401(k) plan. Look at the portfolio of those "target date" funds you're supposed to rely on, with their ...
The drama unfolding at J.P. Morgan Chase is stunning. Gripping. And oh so predictable. If you think this is just a story about Wall Street greed and folly, and has nothing to do with you, think again. We are all J.P. Morgan now.
The last time the French elected a Socialist president their currency and stock market plunged in a matter of weeks. It turned out to be a bargain.
Is it true that stocks are cheap "when compared with bonds"? That's the line on Wall Street. If you haven't heard it from your broker yet, you will. Indeed, in a recent report, some investment strategists from big brokerages, in their ...
Twin brothers Alexander and Thomas Hunter have been scamming stock market investors since they were just 16 years old, says the Securities and Exchange Commission.
I did it. I reformed the U.S. tax code. It took me about half a day. With time off for lunch. Why Congress hasn't been able to do this in 26 years is another matter.
Have you got your schedule C in order? Have you hunted down all your receipts? Have you made sure to count the depreciation on your laptop and the percentage of your cable bill attributable to your home office expense? And what about those ...
Most of us would like to change something about ourselves or our lives. We eat too much. We smoke. We don't exercise. We're stuck in the wrong job. We spend too much and save too little. We look for love in the wrong places.
Fed chairman Ben Bernanke surprised the markets yesterday when he hinted that his policy of easy money would continue. "Further significant improvements in the unemployment rate," he said, "will likely require a more rapid ...
Should you invest half your money in the same stock? Most financial planners would tell you that's a crazy idea, that you need to be more "diversified." But that's what Allan Mecham at Arlington Value -- aka the 400% Man ...
Steinway & Sons has a brand name to die for. It's been more than 150 years since German immigrant Henry Steinway first began making pianos in a loft in New York. Today the company's famous name is almost synonymous around the ...
Emerging markets have started the year with a bang. From São Paulo to Singapore, stock and bond markets are booming and investors are jumping on board.
Expect the lines to form early on Friday outside Apple stores and electronics retailers, as devotees battle to get their hands on the latest iPad.
My wife and I recently sold our condo in Miami Beach to buy another one. The one we sold was a studio -- or "junior one bedroom" -- in a historic art deco building, a short walk from Ocean Drive and the popular News Cafe. It ...
Be honest. When you are standing at the gas pump, refilling your car and watching the numbers spin higher and higher, don't you wish you had some stock in Exxon or BP?
There are plenty of stupid investments you can make in this world. Stock in Pets.com and Washington Mutual didn't work out so well. Nor did those Las Vegas condos. Some of the social media and Web 2.0 stocks flying high on Wall Street ...
Back in the spring of 2009 I was approached by a middle-class investor in a panic. She had dumped all her stocks in the fall of 2008, following the Lehman Brothers collapse. She just couldn't stand watching her life's savings ...
On a fall day in 2010, half a dozen wealthy investors and portfolio managers converged on an office in midtown Manhattan. These were serious Wall Street moneymen; in aggregate, they handled more than a billion dollars. They had access to ...
One thing's for sure. Mitt Romney didn't send his money down to the Cayman Islands to work on its tan. The former Massachusetts governor has been criticized by some for having some of his vast fortune in the Caribbean offshore ...
Valentine's Day is the biggest racket in the year. Even bigger than Christmas. Anyone who thinks this is really a free country should look at the regiments of well-drilled couples marching off to buy overpriced meals and overpriced ...
NEW YORK (MarketWatch) — Jim Grant’s rise to power may be delayed. The legendary Wall Street writer, publisher of Grant’s Interest Rate Observer, has been mentioned by two of the rivals for the Republican presidential nomination. Newt ...
NEW YORK (MarketWatch) — I must be very stupid. I have been watching this European financial crisis for two years now. And it still doesn’t make any sense to me whatsoever.
BOSTON (MarketWatch) — The Mayans have Dec. 21 penciled in for the end of the world, but after the first few weeks of 2012, there’s one question to ask on Wall Street.
BOSTON (MarketWatch) — An open letter: Dear Thorsten Heins, Congratulations! You’ve just become the new chief executive of Research In Motion, the BlackBerry maker.
If you think this ends with Greece and Italy, you're crazy. The Japanese government has gross debts of nearly $15 trillion, says the International Monetary Fund. The United States government, depending on how you calculate it, has ...
This update corrects the number a typographical error in Private Eye’s record number of copies sold. BOSTON (MarketWatch) — You gotta be online.
Everyone knows the U.S. government faces a budget crisis. Everyone, it seems, except the bond market. Investors are still willing to lend to Uncle Sam for 2 to 3 percent interest, even for 30 years. Money continues to pour into bond funds.
BOSTON (MarketWatch) — Watching the European crisis takes me back to a moment at my English boarding school a couple of decades ago. About 70 of my fellow students were sitting in the dark in the communal TV room late on Saturday night, ...
It takes a lot to get me to write about Kim Kardashian. Let alone to come to her defense. But this week a pressure group in California, campaigning for higher taxes on the rich, has done just that.
BOSTON (MarketWatch) — How cheap is Europe these days? Very. Especially for a U.S. investor. Not only have the stocks plummeted over there, but the currency has plummeted too.
Chances are you have a 401(k) plan at work. And the chances are you're not making nearly enough of it. A new year means a new leaf: This is as good a time as any to start turning that around.
It's the time of year when the geniuses on Wall Street tell you the best stocks to buy for the year ahead. So-called "analysts' top picks" are a popular topic on the Street of Shame. For some people it's just a ...
BOSTON (MarketWatch) — Get ready for 2012. Because if the markets around the world are to be believed, this is the year when something’s gotta give.
LONDON (MarketWatch) — The news over the holiday weekend is that the Obama administration may be moving towards legalizing online poker. An opinion by the Justice Department’s Office of Legal Counsel, written in September but only published ...
LONDON (MarketWatch) — Our local Too Big To Fail bank has a simple Christmas message for us all this year. Bah, humbug! If Charles Dickens’s Ebenezer Scrooge were alive today, he’d be happily working in the TBTF bank — maybe as the CEO of the ...
LONDON (MarketWatch) — Desperately hunting for that last stocking stuffer? Scratching your head for last-minute gift ideas? If you are completely stumped, you could always try this: You could give the gift of life.
Bear markets usually end with a whimper, not a bang. No one on Wall Street fired a pistol in the air in 1932, or in 1982, to announce that shares had stopped falling. These were some of the most interesting investing opportunities in the ...
LONDON (MarketWatch) — If the Italians can’t persuade the bond markets to keep them in business, they have another card up their sleeve. Few people realize it, but Italy holds the world’s fourth biggest stockpile of gold, at 2,452 tonnes. ...
Wouldn't it be great if you could just invest your money and forget about it? Investors have suffered another year of stomach-churning turmoil. Stocks boomed, suckering many people in, only to slump again as government finances here and ...
BOSTON (MarketWatch) —Nearly half of all institutional money managers now fear a partial break-up of the euro zone, a new survey revealed. And nearly 75% predict that the U.S. debt will be downgraded still further by ratings agencies.
BOSTON (MarketWatch) — European Union leaders claimed their latest deal this weekend will usher in a new era of fiscal stability and strength.
BOSTON (MarketWatch) — If you want to understand the latest Franco-German proposal to “save” the euro, imagine this. Imagine the governments of China and Japan demanding they be given the legal right to override the U.S. budget’s legislative ...
BOSTON (MarketWatch) — When it comes to Wall Street, a lot of people are like Dilbert’s boss. Anything they don’t understand, they figure, must be easy to do.
Fistfights in aisles. Gunfights in the parking lot. Ah, yes. It must be Christmas! Jesus would be so proud. Nothing says "Rejoice, a Savior is born!" quite like gas masks and a cloud of mace in the kitchen appliances department.
BOSTON (MarketWatch) — Boom! Stock markets around the world soared yesterday. The Dow jumped more than 300 points. News out of Europe says they’re working on a fix to resolve the crisis there. Reports here say the holiday season may be off to ...
Aunt Sally has a problem. We all do, really, but especially Aunt Sally. Where is she supposed to put her savings? Interest rates on certificates of deposit are pitiful. Treasury bonds are little better: A five-year Treasury pays 1 percent, ...
BOSTON (MarketWatch) — Disgusted with Congress and the so-called “super-committee”? Cynical about politics? Convinced that America is in decline, and that our system of government is childish and corrupt?
Yikes! No wonder markets are tanking. The financial crises, here and in Europe, are terrifying. Just ask anyone on Wall Street. He super committee has broken apart in failure. The US budget process is in disarray. Meanwhile, across the pond, ...
BOSTON (MarketWatch) — Okay. Let’s get this straight. Italy’s bust. Spain, maybe, too. Greece? Well, we know about them. France is wobbly. Portugal? Ireland? Don’t ask.
OK. So you want to save an extra $10,000 by next Thanksgiving. How can you do it? You've heard the usual finger-wagging frugality lessons over and over. And you already do the obvious things, like cutting back on lattes, raising your ...
BOSTON (MarketWatch) — It’s a lucky thing these kids only tried to “occupy” Wall Street. If they’d been really radical they would have done something much more dangerous.
Millions of people still put their faith in the stock market. Even after the events of the past dozen years people still hold trillions of dollars in equities and equity mutual funds in their personal accounts and 401(k) plans.
SALT LAKE CITY (MarketWatch) — I’m an idiot. After watching the “60 Minutes” expose of insider-dealing by members of Congress, I’m left wondering (not for the first time, I might add): Why on Earth did I choose journalism as a career? Watch ...
BOSTON (MarketWatch) — Millions of people still put their faith in the stock market. Even after the events of the past dozen years people still hold trillions of dollars in equities and equity mutual funds in their personal accounts and ...
BOSTON (MarketWatch) — They say the time to buy is when there’s blood in the streets. In the case of Italy, are we there yet? If you want to go against the herd and buy into Italian equities, good luck. My contrarian instincts want to do the ...
BOSTON (MarketWatch)— If you want to see up close why Greece is circling the drain, talk to Christopher Egleton. He’s a businessman in London who’s spent the last 12 years and $50 million trying to create thousands of jobs in Crete and to ...
BOSTON (MarketWatch) — Call it the Great Rock & Roll Real Estate Swindle. Call it a $26 billion Bait & Switch. Call it the Mother of All Boondoggles.
Buy Greece! You heard me. I'm not crazy. Buy Greece! OK, maybe I'm a little crazy. But I'm not totally kidding, either. Buy Greece!
Here's a brain-teaser for you. Which corporate honcho bragged recently about his company's strong resources, positive outlook and outstanding "execution" skills? Who said he was "particularly pleased" at recent ...
Aristotle would be proud. The philosopher of Greek drama divided the works of theater into tragedy and comedy, never the twain to meet. But his fellow countrymen are going one better. They are currently staging a tragedy that is also a ...
BOSTON (MarketWatch) — The turmoil of the last few months should remind investors, once again, of the importance of buying investments when they are on sale. Those who invested in equities during the slump in September, when everyone was ...
BOSTON (MarketWatch) — Hedge funds are scary. They are complicated, confusing and risky. If you’re a rich investor — the member of a wealthy family, say, or someone running a big endowment — you need someone to help you pick the right ones ...
A previous version of this commentary misstated the name of the brokerage reporting on Chinese developers cutting prices. The brokerage is DBS Vickers Securities.
Your cost of living went up about 0.2% in September, says the government. Meanwhile your U.S. stocks went down about 8%. Ouch. Your cost of living went up 0.3% in August. The stock market lost you about 6%. Ouch, again.
BOSTON (MarketWatch) — The public has every reason to be angry at what’s going on in this country, and every reason to protest. But will the Occupy Wall Street movement succeed in changing anything? Don’t count on it.
BOSTON (MarketWatch) — Your money manager is too terrified to occupy Wall Street — with your money. Forget the pungent whiff of anger (or whatever) from Zuccotti Park in Lower Manhattan. While the sans-culottes occupy the Financial District, ...
If you're retired, or nearly retired, you probably want three things from your investments: Safety of principal, a reasonable rate of interest, and some security against the risks of inflation down the road.
BOSTON (MarketWatch) — Hey, Tim Cook! After last night’s quarterly earnings, I have four words for you. (And no, they’re not “I want an iPhone.”)
Do you own too many bonds? If you are retired, or near retirement, the question probably sounds crazy. After all, aren't you supposed to have most of your money in bonds? Aren't they the "safe" investment for those who ...
BOSTON (MarketWatch) — Two cheers for Herman Cain! The former Godfather pizza boss and Republican presidential candidate came under withering fire from both liberals and from Republican rivals last week for his radical “9-9-9” tax plan.
You don't have to be camped out with the protesters to be angry at Wall Street. Contrary to what you may hear, actual capitalists—those providing capital—get a raw deal down on the Street of Shame.
BOSTON (MarketWatch) — Can you make a buck betting on the presidential election? To get the inside scoop I got in touch with one of the sharpest political operatives around: Former Republican spin doctor Mark McKinnon, the communications ...
The question isn't why some people are "occupying Wall Street" in protest right now. It's why so many others aren't.
BOSTON (MarketWatch) — How did Warren Buffett pay just 11% of his adjusted gross income in tax last year? We don’t know for certain, but there are two likely reasons: charitable donations and municipal bonds.
BOSTON (MarketWatch) — Are there any life lessons for the rest of us from the career, and legacy, of Steve Jobs? The death of the Apple (AAPL, US) co-founder has dominated the news from Cupertino, Calif., to Kuala Lumpur. Many are focusing ...
NEW YORK (MarketWatch) — I was on the Amtrak Acela last night when the conductor broke in over the loudspeaker to give us the news about Steve Jobs.
This market isn't just pounding your portfolio. It's also smashing some of the biggest myths that investors have lived on for a generation.
BOSTON (MarketWatch) — I recently got an email from a young officer in the U.S. Navy. “Mr. Arends, I am reaching out to you for advice as to where to invest my Roth IRA.
NEW YORK (MarketWatch) — Maybe the overall market is still expensive. Maybe it has further to fall. Who knows? Who cares? One thing is for certain: The latest slump has thrown out all sorts of values among big blue-chip names.
BOSTON (MarketWatch) — Bring on the barricades! Protesters are coming to downtown Boston Friday. I’ve just received notice that up to 1,000 people are expected to “march” on Bank of America “to rally against Wall Street greed, predatory ...
The markets are waking up to the inevitable. In Europe, Greece is bust -- the country's short-term bonds yield more than 100%. Here at home, the economy is slowing, Washington is paralyzed, and the Fed is out of bullets.
I grew up next to a forest. I remember, as a child, hiking through the trees with our two golden retrievers in tow and, hilariously, panning for gold in the stream. I started with high hopes. I saw plenty of gold -- all fool's, alas.
BOSTON (MarketWatch) — Europe is bust. Buy Europe! That, at least, is the call from the smartest investor I know — Crispin Odey, a hedge-fund manager in London.
BOSTON (MarketWatch) — Yikes! This is a crash. We’re down more than 20% from the peak earlier this year. People are panicking. Investors are dumping what they can.
BOSTON (MarketWatch) — Something ominous is happening on Wall Street, but nobody has noticed. The insiders have vanished. Chief executives. Board members.
BOSTON (MarketWatch) — I suspect we in our household are like a lot of Netflix subscribers. We were on the “Oh, yeah, I forgot I was subscribing to that” plan. With the “Honey, we’ve had this National Geographic documentary DVD for two ...
BOSTON (MarketWatch) — Desperate times call for desperate measures. If you’re a rich Democrat, maybe it’s time to cut a new campaign check. No, not to Barack Obama.
Editor's Note: It's been a stormy few months for investors. And we're not talking about hurricanes. The year started off well enough, but by May, the bull market was showing its age. By Memorial Day, the bulls were in full ...
BOSTON (MarketWatch) — Uh-oh. Has Donald Trump just called the top in the gold market? The Donald has just accepted gold bullion instead of cash. According to my colleague at the Wall Street Journal, Trump accepted $176,000 in bullion as a ...
Should you take out a new mortgage — or home equity line of credit — and spend the money buying stocks? The question may sound totally crazy. It's certainly not for the unsophisticated. But events in the stock, bond and mortgage markets ...
BOSTON (MarketWatch) — Early last summer, as the Dodd-Frank financial reform bill moved through Congress, Adam Strauss looked at what was going on and was disgusted.
NEW YORK (MarketWatch) — You want to fix this economic crisis? You want to put people back to work? You want to light a fire under the economy?
BOSTON (MarketWatch) — What kind of person rushed out after 9/11 and invested their money in the stock markets of Muslim countries? Turns out: A shrewd one.
Precious metals are in an asset class all their own. They zig when other markets zag. They often rise when other investments -- stocks, bonds and your home -- fall. They can give your portfolio real diversification. Some smart investors ...
NEW YORK (MarketWatch) — Wow! Great news! The markets are back up because the European crisis is over! What a deal! And so easy! Who knew? The headline said it all. “Stocks bounce back as worries ease about Europe,” said Reuters. They picked ...
NEW YORK (MarketWatch) — “The smart money got out of gold last year.” That’s what someone at one of the major Wall Street banks told me. Last year!
Warren Buffett is like the old commercial for E.F. Hutton. When he talks, people listen. When he calls for higher taxes on the rich, they may agree or not. But he gets their attention.
BOSTON (MarketWatch) — Sorry, Grandma. You’re getting the shaft from Uncle Sam. If you save your money in certificates of deposit, or short-term bonds, you’ll earn next to nothing. And you’ll lose purchasing power each year as inflation eats ...
NEW YORK (MarketWatch) — They say the time to sell is when the last bear turns bullish. When it comes to U.S. Treasury bonds, did that just happen?
Brett Arends writes ROI, or Return on Investment, offering analysis on what the latest news means for you and your money. Arends writes from a value-oriented and generally contrarian perspective. He has been writing about finance, in Europe and in the U.S., since the 1990s. Before that he worked as an analyst at McKinsey & Co., the strategy consultancy.

With most couples waiting to marry and three quarters of marriage partners living together first, many celebrants are paying at least part of their wedding bill.
It’s never too early to start talking dollars...and sense.
Your grocery bill is your biggest weekly household expense, so keeping a lid on it will go far to stretch your dollar.
A new wedding trend trades "walking down the aisle" for a walk on the wild side.
Technology stocks have rebounded and are once again the darling of the market. Can the resurgence last?
Arends: That 60/40 portfolio of stocks and bonds your adviser is pushing might not work.
The defense contractor faces a tough enemy: potential cuts in defense.