Personal finance

Why benefits? The open enrollment season could cost you more this year

sturti | E+ | Getty Images Don’t be surprised if you spend more time choosing your health benefits during open enrollment season this year. Despite rising inflation, policy changes and workers’ desire for more health care services, many people won’t be clicking the same boxes as last year. Last year during open enrollment — typically …

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Traveling to Europe soon? 6 tips that will help you save money and avoid misfortune

This summer, tourism in Europe resumed — and Europe was not ready. Pandemic-related staff shortages have led to massive queues and flight cancellations at many airports; meanwhile, hotel and taxi prices have risen. In addition, there were record temperatures that caused roads, airport runways and railway tracks to buckle, leading to further disruptions. Our family …

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Why the 60/40 portfolio is on track for ‘worst year ever’, says CIO

Investment strategies don’t get more classic than the so-called 60/40 split. By holding 60% of your portfolio in stocks and 40% in bonds, you get the best of both worlds: high growth potential from riskier stocks and protection from more conservative bonds. However, it’s been a tough year for investors holding this mix of portfolios …

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A strong dollar makes travel to Europe very attractive right now—with one important caveat

Faced with record high inflation and interest rates, many Americans cannot afford to travel right now. But for those lucky enough to make it, this could be the perfect time to book a trip to Europe. The British pound fell to an all-time low against the U.S. dollar on Monday, while the euro, which fell …

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6 new rules for smarter European travel | Business news

This summer, tourism in Europe resumed — and Europe was not ready. Pandemic-related staff shortages have led to massive queues and flight cancellations at many airports; meanwhile, hotel and taxi prices have risen. In addition, there were record temperatures that caused roads, airport runways and railway tracks to buckle, leading to further disruptions. Our family …

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Should you invest in bonds when interest rates are rising?

Welcome to Select’s newest advice column, Get your money right. Financial consultant Christine O’Keefe Merrick will answer your pressing money questions. (You can read her latest installment here how to diversify an investment portfolio to reduce risks and losses.) Have a question you want to ask? Send us a message at [email protected] dowel | Moment …

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Three common travel disasters and what to do about them

It article reprinted with permission from NerdWallet. Air travel is a mess today, given the onslaught of delays and cancellations this summer. On-time arrivals have not been this low since 2014, according to the Bureau of Transportation Statistics. In the first six months of 2022, more than 20% of flights departing from US airports were …

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