What Is a Reverse Mortgage?

I am curious about reverse mortgages and am wondering if this is a good option for me. If so, how do I find a reputable mortgage rep to work with? --Jeanne, Boothwyn, PA This is a question that more and more people have been asking since 2008...

When Should I Collect Social Security?

My husband and I turned 65 in 2012. We are both still working, but finding it difficult to make ends meet. At age 66, my husband would get about $800 per month in Social Security and I would get about $2,000 per month. Can we both keep working...

How to Recover Financially From a Divorce

  I am 56 and recently divorced. I got limited income and assets after a long marriage, and now I’m wondering how to prepare for retirement. I’m looking for a job after being out of the workforce for a long time, and have to rent a house after...

How risky is it to short a stock?

Is "shorting" a stock something that an average person could do, if they had the feeling that a certain stock's value was going to decrease? I've heard that people can make a lot of money doing this, but how does one go about doing it? Do you...

Should I Buy Gold?

Our financial advisor responds to your most frequently asked questions

Is it Better to be Paid in Shares or Cash?

I'm interested in better understanding employee stock options. What does it mean to "pay out in shares" instead of to "pay out in cash"? Also, can you explain in layman's terms what "equity compensation grants" are? Thanks! Lea, Ann Arbor, MI...

How Much Life Insurance Do I Need?

My husband and I each got $500,000 life insurance term policies after our second child was born. We both work, though I am an entrepreneur so my income fluctuates. His friends have told him their wives have no life insurance or only a small...

Which Debt Should I Pay Off First?

My husband and I have student loans and mortgage debt (on our primary home and rental properties). Which should we pay down first? —Stephany Y., Los Angeles, CA You’ve probably heard student and mortgage debt referred to as “good debt.” That’s...


© Copyright DailyWorth 2014