Personal finance

Bernd Vogel | Stone | Getty Images Brad Klontz was drawn to financial psychology after the tech bubble burst in the early 2000s. Klontz had tried his hand at stock trading after seeing a friend earn more than $100,000 in one year. But he felt immense shame after the market crashed and his investments evaporated.

Businessperson reviewing pie charts and data analysis documents in an office setting. Freshsplash | E+ | Getty Images The trend is clear: Investors continue to seek out lower fees for investment funds. The mass migration to cheaper funds has been a key driver of falling costs, according to Zachary Evens, a manager research analyst for

dowell | Moment | Getty Images Before the election, some advisors increased Roth individual retirement account conversions for clients amid the threat of higher taxes after 2025. Now, tax hikes are less likely under President-elect Donald Trump. However, demand for Roth conversions will continue as investors seek long-term tax planning strategies, experts said. “In general,

Some consumers have been weighed down by a “vibecession” for a while now — and those feelings might get worse, experts say. A vibecession is the disconnect between consumer sentiment and economic data, said Kyla Scanlon, who coined the term in 2022. Scanlon is the author of “In This Economy? How Money and Markets Really

Laylabird | E+ | Getty Images Most Americans will have a lower tax burden in retirement than during their working years. However, that may not be the case for some retirees, especially for higher earners and big savers, which could have a significant impact on their financial plans, according to financial advisors. “Substantial evidence” suggests