I’m 65, retired and have a $2,000 pension. Should I sell my rental properties?
Dear MarketWatch, I’m a 65-year-old married man in Southern California. I retired about 5 years ago, and have very little in pension payments of about $2,000 from my old job, without any medical benefits. But I have rental income from about a dozen single-family homes that I collected during my professional career as a civil […]
‘This has bugged me all my life’: My estranged father gave me $1,000 a month to buy a house in California. My brother cried foul, and told me to stop. Who’s right?
This has bugged me all my life. My father left my family when I was 7. I’m not sure how much in child support he paid my mother. Soon after I graduated college, he visited me for the first time since he left the family. He told me that he wanted to send me money […]
Shares of Adani-linked companies slump as Indian conglomerate issues defense to short-seller claims
Stocks of affiliated companies founded by Asia’s richest man Gautam Adani continued to fall in Mumbai markets on Friday, extending a slide after a U.S. short seller published its two-year investigation into the group’s business practices. The shares of flagship firm Adani Enterprises 512599, -18.52% sank as much as 20% and other linked companies saw […]
‘He claims it’s his home’: My mother left her Florida house to all of her children. Our brother lives there — and has no plans to move. How do we get him out?
Dear Quentin, My mother passed away three years ago and left the house to my brother, my sister and me. What little was left in her bank account was distributed among the three of us. Our brother is still living in the family home. He pays the taxes, insurance and utilities to live there. The […]
Where is Monterey Park and what does the shooting mean to Asian-Americans?
The mass shooting in Monterey Park, Calif., stunned the Asian-American community. Not only because the shooting happened on Lunar New Year’s Eve, but also because it happened in Monterey Park, a predominantly Asian city that holds a special place in the Asian-American landscape. On Saturday night, a gunman opened fire at a party inside the… […]
Don’t let the ‘bear market house of mirrors’ fool you, Morgan Stanley’s Mike Wilson warns of the stock market
Stock futures are treading water ahead of an important week for earnings, with the spotlight on updates from the tech space, which has been laying off thousands of workers.Among those not expecting good news in the earnings pipeline is Morgan Stanley’s chief U.S. equity strategist Mike Wilson, who in our call of the day says […]
‘I am angry’: I’m an unmarried stay-at-home mother in a 20-year relationship, but my boyfriend won’t put my name on the deed of our house. Am I unreasonable?
I have been in my relationship for almost 20 years. For personal reasons, we are not married but we have a 10-year-old child. When our child was born, we decided that I would be a stay-at-home parent because my low-paying job didn’t cover the costs of child care, and at the time, we were stretched. […]
Salesforce carries heavy ‘disruption risk’ that threatens its stock, analyst says
Salesforce Inc. is shaking up its leadership and its broader organization, and those changes carry uncertainty for its stock, according to an analyst. Cowen & Co.’s Derrick Wood downgraded shares of Salesforce CRM, +0.54% to market perform from outperform Friday, warning of the potential for “elevated levels of disruption risk” due to a handful of […]
Mortgage rates fall to lowest level since September 2022 and here’s how the Girl Scouts will keep women rolling in dough throughout their lives — beyond selling cookies
Hi, MarketWatchers. Don’t miss these top stories.Mortgage rates fall to lowest level since September 2022 — giving ‘much-needed boost’ to housing market The 30-year mortgage rate is averaging at 6.15%, Freddie Mac said in its latest weekly survey on Thursday. Read More ‘I have $30K in my savings account’: I’m 56, divorced, unemployed and mother […]
My stepbrother helped me get started in tech. I allowed him to live in my late’s father’s home. He told me, ‘Your dad wanted me to live here.’ What do I owe him?
My father dated someone when I was in early grade school, and mentored one of her sons, becoming the father figure he never had. For simplicity, I’ll refer to him as a stepbrother. I was about eight years younger, and my stepbrother helped me with some key decisions after I graduated. One key piece of […]