Author Archive

Investing: The Money Blind Spot For Millennials

by Sharen Hoekstraon January 27, 2017
The Millennial generation — the kids of boomers and Generation X — seems to really get the importance of saving. But based on four new surveys I’ve seen, Millennials also seem to have a blind spot when it comes to investing. If you’re the parent of a Generation Y son or daughter, I strongly encourage […]

One Big Way To Profit From Financial Fee War

by Sharen Hoekstraon January 26, 2017
If you can avert your eyes from the tumult surrounding the general election, there’s something really positive happening in financial services: A long-running war on fees is heating up. To be honest, this fee war has been going on for some time. The biggest mutual fund houses have been cutting their management fees to the […]

Is A 529 Plan The Best Way To Save For College?

by Sharen Hoekstraon January 26, 2017
For folks who expect to foot the bill for their kids’ college and maybe even graduate school education, it’s not a matter of whether to save but how to. There are state-sponsored 529 college savings plans, fancy gift trusts for education and plain old vanilla taxable savings accounts. Is one better than the other? “You’re […]

5 Mortgage Calculator Traps To Avoid

by Sharen Hoekstraon January 26, 2017
Mortgage calculators help us answer a number of important questions. From how much house we can afford to saving money on a refinance, a calculator provides the data we need to make critical financial decisions. As reported by the CFPB, however, we shouldn’t blindly follow a mortgage calculator’s results. In fact, there are several traps […]

10 Things To Know About IRS Forms 1099 At Tax Time

by Sharen Hoekstraon January 26, 2017
It's that time of year again, when IRS Forms 1099 arrive. Perhaps no one likes IRS Forms 1099 except the IRS. The agency loves them, because they allow for the easy computer matching of Form 1099 data against tax returns. Businesses may not like sending the forms out, but there are penalties for failing to issue them. Besides, no […]

Plenty of celebrities showed up for the women’s marches — as demonstrators, not performers

by Sharen Hoekstraon January 26, 2017
President Trump’s inaugural festivities lacked the kind of high-wattage star power that the women’s marches across the country attracted on Saturday. And while Madonna, Janelle Monae and Scarlett Johansson did address the hundreds of thousands of people gathered on the National Mall, plenty of A-listers showed up to the event without taking to the stage There was Katy Perry, […]

Scarlett Johansson splits from husband Romain Dauriac after two years of marriage

by Sharen Hoekstraon January 26, 2017
The Avengers has reportedly been keeping her separation under wraps for some time. A source told People: “They’ve been separated since the summer.” Rumours were first sparked that they had gone their separate ways when the mum of one was spotted without her wedding ring at the Women’s March protest against President Trump. She was […]

Andy Cohen Wants Kellyanne Conway for ‘Real Housewives’

by Sharen Hoekstraon January 26, 2017
Time to revive the Real Housewives of D.C.? Andy Cohen really wants President Donald Trump’s senior adviser Kellyanne Conway to consider joining the Bravo TV franchise. During an appearance on Late Night with Seth Meyers, the Watch What Happens Live host, 48, said that Trump’s former campaign manager, 50, would be a perfect fit. “I’m […]

How To Start Managing The Finances Of An Elderly Relative

by Sharen Hoekstraon January 26, 2017
Initiating a difficult conversation is much easier to do in happy times.  So is making a plan to take over the finances of an elderly relative. As parents live longer, more and more children find it necessary to step in and help pay bills, make investment decisions, and even apply for benefits or arrange for […]

Celebrities Obsessed With Their Cats

by Sharen Hoekstraon January 26, 2017
Meow! Hollywood is full of crazy cat ladies and gents. Celebs like Taylor Swift, Russell Brand, Katy Perry and Ed Sheeran are absolutely in love with their felines — and with good reason. (They're adorable!) Check out the photos below to see these stars and more cuddle their purring pets. Taylor Swift The singer documents […]