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When it comes to Social Security's woes, the potential cures discussed the most are unpleasant: Raise the retirement age, reduce payments, or raise the tax rate. Fortunately, those aren't the only options.
Four times in five years, lawmakers have introduced the Stop Trading On Congressional Knowledge Act to bar senators and representatives from investing based on knowledge they gained in the course of their duties. Three times, the STOCK Act has died in committee. Will the fourth time be the charm?
In 2036, Social Security's Trust Fund is set to run out of money, after which it's anticipated that the program's benefits will be cut by about a quarter. And if you're likely to be around when that happens, you need a plan to make up the difference.
Every January, we plan to make changes, and we often don't succeed. Let's make this New Year's different: Here are seven fairly simple resolutions recommended by the financial experts for getting you on a firmer fiscal footing in 2012.
With 2011 fast coming to a close, it's time to think about what's next -- if you dare. We've got the good news, the bad news, the key points to watch and some good advice on getting through 2012 with your finances intact.
At this time last year, maybe you thought the economy would be a bit more gracious by now. No such luck. But as we reflect on the year that was, here are six financial lessons that 2011 taught us all.
When it comes to retirement, apparently even the well-to-do are wallowing in anxiety. A new survey of the affluent from Wells Fargo & Co. reveals that the wealthy are losing sleep over their lack of preparation for the good old days down the road, much like the less monied crowd.
A reader named Sally bought a property that has since fallen in value. If she sells it for less than she paid, what effect will it have on her taxes? DailyFinance's Laura Rowley has the answer.
Those Girl Scouts aren't just about selling cookies -- the green-sashed entrepreneur who supplies your Thin Mints is also preparing to be the boss. The GSA now offers 13 merit badges to teach its more than 3 million members financial literacy -- everything from good credit to savings and investing.
Attention Storage Wars fans: Though the hit cable-TV show does give viewers an idea of what goes on at the auctions, it doesn't give the entire picture. The odds of you striking it rich at a storage auction are slim, and there are plenty of ways for the novice buyer to lose his shirt.

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SymbolLastChange / %Volume

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BAC
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158.19M
ALU
Alcatel-Lucent (ADR)
2.20+0.26
+13.14%
95.52M
GE
General Electric Company
18.90-0.24
-1.23%
26.45M
F
Ford
12.41-0.28
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25.99M

% Gainers

CIE
Cobalt International Energy
32.62 +8.72
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14.25M
LNKD
LinkedIn Corp.
89.53 +13.14
+17.20%
9.05M
ALU
Alcatel-Lucent (ADR)
2.20 +0.26
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95.52M
WNS
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+11.91%
2.68M

% Losers

KV-A
K V Pharmaceutical Co. Class A
2.10-0.51
-19.54%
1.45M
KV-B
K-V Pharmaceutical Co. Class B
2.16-0.47
-17.87%
4,779
NBG-A
National Bank of Greece SA (ADR)
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-14.96%
125,314
OSG
Overseas Shipholding Group, Inc.
10.43-1.40
-11.83%
1.35M
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