Tuesday, October 21, 2014
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Dave Ramsey: My husband will be leaving his full-time job in a year so that he can go back to school full-time and finish his degree. We’ve both agreed this is what we want to do, but it means that we’ll go from a yearly income of $90,000 to $45,000.
The Street: Even successful investors like Warren Buffett and Carl Icahn make bad bets from time to time. And other investors can learn from their costly mistakes.
Dave Ramsey: I loaned some money to a good friend recently. He’s going to help me with a job I’m working on, so do you think I should pay him for the work or just forgive the debt instead?
The Street: The answer, of course, depends on many factors. But for a start, a stock investor might ask two other questions: How long a downturn can I stand? And how much return would I give up to reduce my risk?
The Street: Sign up for some other credit card, get another set of impressive benefits. You weren’t born yesterday: Still, you may not be sure how to evaluate credit card signing bonuses. Here’s a quick and dirty guide on how to make it happen.
WASHINGTON (AP) - Millions of Americans still struggle with high-cost private student loans, with many tumbling into default because the companies servicing the loans aren't offering reasonable options for improved terms, a new report says.
Dave Ramsey: I’m in college, but I’m not the typical college student. I’ve gone back to law school after working for several years. The other day I saw what I consider to be a collectible car I’d love to have — a 1988 Pontiac Fiero that’s in excellent condition for $10,000.
Dave Ramsey: If you have a mortgage that will be paid off in the next two or three years, should you pay extra toward the house or invest that money over and above the 15 percent you recommend putting toward retirement?
GENEVA (AP) - Tens of thousands of doses of experimental Ebola vaccines could be available for "real-world" testing in West Africa as soon as January as long as they are deemed safe, a top World Health Organization official said Tuesday.
DOVER, Del. (AP) - Regulators in Europe say an agreement between DuPont and Honeywell to develop automobile refrigerant may be violating antitrust rules.
WASHINGTON (AP) - New U.S. rules aimed at getting banks to take on more of the risk when they package and sell mortgage securities are being relaxed with an eye to spurring broader home lending.
DALLAS (AP) - Kimberly-Clark plans to eliminate up to 1,300 jobs as part of restructuring efforts aimed at reducing costs and making its business more efficient.
OKLAHOMA CITY (AP) - NBA MVP Kevin Durant has added action sports accessory brand Neff to his rapidly growing list of endorsement deals.
NICOSIA, Cyprus (AP) - European Union member Cyprus will oppose any progress in Turkey's ongoing talks to join the 28-nation bloc in response to a Turkish gas search in waters where Cyprus has already licensed companies to drill, an official said Tuesday.
NEW YORK (AP) - Verizon Communications Inc. on Tuesday reported higher net income and revenue in its third quarter, helped by strong wireless subscriber growth and demand for its FiOS Internet services.
NEW YORK (AP) - McDonald's CEO Don Thompson said Tuesday the company hasn't been keeping up with the times and that changes are in store for its U.S. restaurants.
The Street: Are you a new borrower? Thinking about taking out your first real loan from the bank? It can be very intimidating. However, if you go into the process armed with knowledge not only can it be far less intimidating, you also have a far greater chance of both getting the loan and paying it back in a timely fashion.

Only Dave Ramsey keeps his teeth in. Dave's done stupid with zeros on the end, and he wants you to learn from his mistakes. Read his column Tuesday, Thursday and Saturday on Philly.com.