Terry Savage – Page 18

Terry Savage: Are we entering a housing recession?

November 7, 2022 at 8:37 a.m.

What recession? Americans may be excused for wondering what all the fuss was about. Economic growth turned nicely positive in the third quarter. The stock market rallied, regaining some though...

The Federal Reserve Building in Washington, D.C..

Terry Savage: Hiding from inflation

October 10, 2022 at 8:06 a.m.

The Federal Reserve is fighting it. The markets are fearing it. Investors are figuring out ways around it. Savers are delighting in it because they are finally catching up to...

Traders work on the floor of the New York Stock Exchange on Thursday, Sept. 29, 2022, in New York City.

Terry Savage: Bear market success requires discipline

October 3, 2022 at 11:04 a.m.

The stock market has gone through some dramatic volatility in recent weeks, huge declines followed by market rebounds. Swings of 500 points have become an everyday occurrence. And even a...

Terry Savage: T-Bill rates beat CDs

October 3, 2022 at 11:11 a.m.

The Federal Reserve continues to push interest rates higher, and that has the stock market in a tizzy. After all, who needs to take the risk in stocks if you...

Terry Savage: It’s time to stop debating the definition of recession and start preparing

September 20, 2022 at 4:00 a.m.

We have had economic slowdown warnings from the Federal Reserve and from economists and television financial pundits. And, if that wasn't enough, last week's announcement by FedEx that its shipments...

Terry Savage: Get ready for required minimum distributions

September 13, 2022 at 10:32 a.m.

It's time to start thinking about RMDs — those required minimum distributions that you must take from your retirement plans every year, once you reach age 72. Of course, those...

Terry Savage: Time to confront FAFSA-phobia

September 6, 2022 at 12:58 p.m.

If you're the parent of a senior in high school, you're about to embark on an amazing journey into the first step of paying for college. FAFSA stands for Free...

Terry Savage: Who is forgotten in student loan forgiveness

August 31, 2022 at 9:22 a.m.

President Joe Biden recognizes Education Secretary Miguel Cardona while speaking about a student loan debt relief policy, at the White House in Washington on Aug. 24, 2022. (Al Drago/The New...

Terry Savage: When your benefit’s at stake, don’t take SSA rep’s word as final

August 22, 2022 at 4:32 p.m.

As millions of baby boomers make Social Security decisions, it's important that they have reliable information about the impact of their choices. And the sad truth is that Social Security...

Terry Savage: Watch your credit

August 15, 2022 at 4:42 p.m.

The good news is that inflation is abating. The bad news is that prices are still 8.5% higher than a year ago. And the scary news is that many consumers...

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