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Dear Dave, I’ve accepted a promotion that would take me from an hourly wage to a salaried position. Do you have any advice for negotiating a salary? J Dear J, The quick and simple answer to this question is you negotiate it based on what you’re worth...

Investors are constantly reminded that it’s impossible to avoid risk in their portfolio. People are worried about geopolitical risk, interest rate risk, liquidity risk, losing money, volatility, uncertainty and the permanent impairment of capital. Th...

Dear Dave, My dad wants me to buy a house on a 30-year loan for him and my mom in my name, and let them make the payments. I’m 24 years old and have a good credit score and a nice apartment. My dad filed for bankruptcy nine years ago, and he’s alread...

Sir John Templeton wrote 16 Rules for Investment Success in 1993. The following is by far the most quoted passage: “The investor who says, ‘This time is different,’ when in fact it’s virtually a repeat of an earlier situation, has uttered among the f...

Dear Dave, My husband and I aren’t seeing eye-to-eye on a motorcycle. The bike was my dad’s, and I got it four years ago when he passed away. I’d like to keep it because I grew up riding it with him, and I still ride it today. My husband thinks we sh...

Dear Dave, How do you know when you should file an insurance claim on a homeowner’s issue, versus just dealing with it and paying cash? — Ben Dear Ben, Basically, it’s when you begin to feel the pain financially. Let’s say you have a $1,000 deductib...

With the news that Jeff Immelt is stepping down as chief executive officer of General Electric Co, it seems worthwhile to take an early measure of his legacy. After 16 years at the helm, with the stock price essentially unchanged since he took over, ...

Dear Dave, When you use the envelope system, what should you do with any leftover money? MANDY Dear Mandy, My suggestion would be to carry it over to the next month. Lots of folks don’t use all the money in their clothing envelope during a month. The...

Unless we are constantly vigilant, too many things in print pass without comment and are accepted as true. And so it is with a weary heart that I am compelled to offer a counterpoint to a recent argument that takes issue with Vanguard Group’s busines...

Dear Dave, My husband and I are in our 50s, and we have just $12,000 to pay off before we’re debt-free. We’ve paid off almost $70,000 in debt in the last two years. We would like to buy a house soon, but we know we also need an emergency fund. It wou...