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Probably not what you think. It's not about being born with money, landing an inheritance or winning the lottery. It's not even how smart you are or how much money you make. It comes down to a few personal qualities and money habits that successful ...
Many investors are being enticed by tremendous yields to take a chance on junk bonds. If you are one of them, be aware of the risks. "I think we might see the highest default rate ever," said Edward Altman, a professor at the New York University ...
As finances unravel and the pressure builds, it's easy to feel you're the only one going through a crisis, or that there's no way out. The reality is just the opposite. If you're having money troubles, you're far from alone. Plus, there are plenty of ...
GROSSE ILE - Retired Chrysler LLC project manager Clifford St. Pierre and his wife, Patricia, bought $200,000 in General Motors Corp. notes three years ago, thinking it was a sound way to finance their retirement. The 10-year securities carry a 7.2 ...
Judy Eastman said she has never been late with a payment and usually, but not always, pays off the full credit-card balance each month. No matter, her card issuer still bumped up her interest rates, even doubling the rate on one card. “For no ...
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