Choice of major plays a role in college students' debt load after graduation. Those who major in education, psychology, history and nutrition end up with the highest debt-to-income ratios, according to data from Credible.com.
If you are nearing retirement, the current stock market turmoil is cause for discomfort. Katie Lobosco advises near-retirees to "make sure you have a steady flow of money coming in each month to cover your essentials -- that doesn't come from your investments."
Doing nothing during bouts of stock market volatility may not be the best move. Christine Benz offers four strategies to help investors "improve their portfolios and their total financial plans during periods of market turbulence."
A new study from the Aite Group concludes that advisors -- both solo practitioners and teams -- with the Certified Financial Planner designation make at least 40% more in revenue than advisors without the designation. CFPs are more likely to work with affluent clients.
Columnist Chuck Jaffe argues that the current market volatility is a crucial test for alternative and smart-beta mutual funds. "If results are ugly, investors might bail out on the new strategies as quickly as they adopted them," he writes.
- Page 1