Northern Rock shares slide as chiefs push for sale (FT.com)
FT.com - Northern Rock shares plunged by a further 40 per cent in afternoon trading on Monday as the mortgage lender and its regulators prepared to try again to arrange a sale. More Info…
FT.com - The pound fell to a fresh 14-month low against the euro on Monday as worries over the UK financial sector continued to weigh on the currency following the Bank of England's decision to bail out Northern Rock, the troubled mortgage lender. More Info…
Money Magazine’s new list of best mutual funds. Plus: 5 perfect money makeovers. More Info…
Use these picks to fill any hole in your portfolio. More Info…
Question: Our granddaughter fully funds her 401(k). But to give her an incentive to save even more, we give her $2,000 a year to invest in a Roth IRA, provided she invests $2,000 of her own money first. She recently married, however, and now her and her spouse’s combined income make her ineligible to fund a Roth. We’d like to continue our matching-fund arrangement with a non-deductible IRA. Is that possible? - Lauri Shafer More Info…
