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 Avoiding Investment Fraud
With Bernie Madoff sentenced after pleading guilty to running a multibillion dollar Ponzi scheme, investors are asking themselves how to avoid being scammed by similar frauds. | |
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 Bay State Cuts Healthcare Program Budget
The agency that runs Commonwealth Care, the landmark Massachusetts program that requires almost all Bay Staters to have health insurance, recently voted to cut the program’s budget by $115 million. | |
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 CMS Issues Fax Scam Warning
The Centers for Medicare and Medicaid Services has issued an alert to physicians warning them of a scam that involves fake faxes sent to the doctors’ offices. | |
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 Credit Card Tips
Barred from using some money-making tactics like “any time, any reason” rate increases and automatic over-limit fees, lenders are likely to come up with ways to fill the profit gap in the nine months before the law becomes effective. | |
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 Defending “Buy and Hold”
John Bogle, the founding father of index funds and perhaps the most visible of buy-and-hold strategists, insists that despite the market cutting portfolios in half, buy-and-hold is still a better investment strategy.
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 IRS Gives Scam Victims a Tax Break
Investors who got fleeced in Ponzi schemes like Bernie Madoff’s alleged billion-dollar rip-off may never get their money back, but they will at least get a tax break. | |
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 Recession Raises State Revenue Gaps
Job losses are cutting into state income tax revenue at the same time that sales tax receipts are dropping as consumers cut spending. The resulting red ink has state legislators scrambling to find ways to close the budget gaps. | |
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 Rating Discount Brokers
SmartMoney’s 17th annual discount broker survey shows that not all discount brokers are the same. | |
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 Use that Gift Card!
We’re coming up on the middle of the year and if you still haven’t used that gift card you got last December, it may be time to dust it off and find something to buy with it. | |
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 Buy or Lease Your Next Car?
Crunching the numbers to compare leasing versus owning is an essential step in the decision process, but car shoppers should weigh other factors, too.
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 AMA Looks at Ways to Cut Med Student Debt
If Congress decides that some form of universal health coverage should be a part of an overall healthcare reform package, many healthcare experts are predicting that the already existing shortage of primary care doctors could become a crisis. Shouldering much of the blame for the shortfall is the crushing debt that medical students incur. | |
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 Vacation Home or White Elephant?
When the real estate bubble burst, many vacation home owners found themselves with a house worth far less than what they paid for it along with dwindling reserves to finance its upkeep.
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 Term Life Premiums on the Rise
Insurance experts foresee an end to low premium rates and many counsel that it may be better to shop around for a good rate and then lock it in for a longer term. | |
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