The moral of this story is: Never feed red meat to zealots. The moment you stop feeding them, they chew your arm off.
Bart Stupak, the Michigan representative, fought for—and won—tough language to restrict abortion in the health care reform act. Suddenly (yesterday), he announced that he’ll retire. One reason he’s leaving office is that his [...]
Odds are, you sold stock-owning mutual funds last year, or at least cut back on putting new money in. As a result, your fund did a whole lot better than you did yourself.
That’s typical of all mutual funds. Their average investors don’t get full value from the funds they own. The reason is simple. You [...]
Say that your house is way underwater. Say that you can pay your mortgage but are sick of throwing good money after bad. Say that you’ve decided to walk away. Say that your credit rating has always been good. What happens?
That depends on the state you live in and what kind of loan you have—a [...]