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Clearing up misconceptions about Roth IRAs

Question: I'm 23 and have been making a point of saving money in a savings account. I've been told that a savings account isn't good for my future and that I should invest in a Roth instead. But I don't want to choose anything risky. Would I lose money if I invest in a Roth?

Sharp buying eases way into wet razor use

Many American men, and women, are rediscovering wet-shaving with a safety razor. Shaving with a weighty metal razor and traditional blades can be cheaper than pricey disposable cartridges and can provide superior results.

It's parents' job to set children on right financial path

Young people starting out on their own or in a new job face many challenges in establishing not only their career but their finances. And those still trying to get a foot in the door also face challenges of survival in a tough job environment. With the world against them, the most support and encouragement they can receive now is from their parents.

HBO filmmakers get inside Obama campaign

Pivotal presidential campaigns are frequently defined in retrospect by documentaries.

    Credit card companies pump up rates, fees

    If you've got a credit card, you've likely been zinged already.

    Wish list for better 401(k)

    Data from Fidelity Investments show that more participants increased the amount they were saving in the second quarter of the year than decreased it. And account balances at the end of the second quarter are up 13.5 percent from the first quarter. The market's bullish rise definitely had something to do with that increase; but account values are also up because more people kept contributing than did not, even in the darkest days.

    Test prep could be helpful

    More than 70 years ago, Stanley Kaplan started a tutoring service in the basement of his parents' Brooklyn apartment.

    HBO filmmakers get inside Obama campaign

    Pivotal presidential campaigns are frequently defined in retrospect by documentaries.

    First-time home buyer credit could draw scammers

    Ever wonder just how somebody scams the system to get an $8,000 first-time home buyer tax credit? Seriously, 8K would be tempting. But how can you tell the Internal Revenue Service you bought a house - mind you, a house - when you didn't? Even when you're just 4 years old?

    Info on savings bonds

    U.S. Treasury savings bonds have a long track record of risk-free saving. Moreover, they can be purchased for as little as $25. If you'd like to learn more about government saving bonds, here are a few places you can find useful information on the World Wide Web:

    Rebuilding your portfolio takes time, patience

    At the height of the recession and the tumult in the stock market, many workers were stunned to see their 401(k)s shrink to 201(k)s.

    After stock market slide data take on new urgency

    After a forceful reminder that the third quarter is history, stock investors are now uneasy about the final months of the year.

      Old school shaving can trim your spending

      Sometimes it pays to go old school, particularly when shaving.

      Futures trading: Likelihood of huge losses, not tax concerns, should be first consideration

      Question: I've started trading futures and currencies. It's a small account, but I'm worried about the effect on my taxes because there is so much trading. Is there anything I can do about that?

      ALL BUSINESS: Credit-card rates up before new law

      Have you checked the interest rates on your credit cards lately? Odds are they're going way up.

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