Personal Finance

Millennials have their financial work cut out for them. Compared to older generations, America's younger adults (those aged 18 - 34) are more financially vulnerable and face greater financial challenges. That's the less-than-rosy picture painted by findings from the National Financial Capability Study (NFCS), released in July by the FINRA Investor Education Foundation.

Boiler room-style calls are characterized by high pressure sales pitches from people who call you out of the blue, working from a list or simply dialing from a phone book. FINRA is issuing this alert because we have seen an increase in aggressive calls touting the next hot stock. Callers tend to target seniors, and have been all-too successful in conning them into buying penny stocks and other speculative investments.

Age may be "nothing but a number," but when it comes to retirement planning some of those numbers are very important. Here are a few age milestones that it pays to be aware of, whether you are already retired, or charting your retirement course.

Findings from the National Financial Capability Study (NFCS), released this month by the FINRA Investor Education Foundation (FINRA Foundation), reveal that many Americans demonstrate relatively low levels of financial literacy and have difficulty applying financial decision-making skills to real-life situations.

The financial circumstances of Americans have improved over the last several years—but some groups, including woman, millennials, African-Americans and Hispanics—are struggling. These findings come from the National Financial Capability Study, released this month by the FINRA Investor Education Foundation.

When you place an order to buy or sell securities, you may get more—or less—than you bargained for. Understanding the benefits and risks of various types of orders can help you avoid unintended losses and better ensure your trades are executed in a timely manner and at a price with which you are comfortable.

There are certain risks that go along with online dating. But did you know that investment fraud is one of them? Do some checking before you trust someone with your heart—or your money.

According to a new report by the Consumer Financial Protection Bureau (CFPB), one in five borrowers from auto title loan companies have their vehicles seized when they fall behind on repayment of their loans. The CFPB report illustrates just how difficult it is for many borrowers to avoid getting caught in the title-loan trap.

Dramatic news coverage of viral outbreaks often catch the interest of stock scammers looking to capitalize on fears of a potential pandemic. Investors should be wary of promotions touting stocks that claim to protect against the spread of viruses or other harmful diseases.

It can be a surprise to learn that the broker you have worked with over the years is leaving your current firm. If you’re thinking about whether to follow your broker or stay with your current firm, examine the key issues that will help you make an informed decision.