Mutual funds can be a good lower risk way to invest your money, but it's important to know how they work before you buy.Read More »
When I retired, I had two years of expenses in an emergency fund (it is still there), zero credit-card debt and have lived very frugally on my small pension and Social Security Insurance since then. My FICO score is 780 and the notes on the credit-card report said high limits on multiple cards is a negative. This is not the time to worry about your credit score.
Ross owns more than 1,500 stores in 37 states under the banners "Ross Dress For Less" and "dd's DISCOUNTS," and it's opening more than 80 stores annually at a time when department stores are losing sales and shutting down hundreds of stores. "Their customers are of an older demographic who have been loyal for years and will not be easily taken over by Amazon," said Eric Ervin, CEO of Reality Shares, an ETF issuer and research firm whose funds own holdings in Ross Stores.
Here's how much hope and expectation has been built into the stock market: Big companies are healthy and making fatter profits than Wall Street expected, yet it's barely enough to keep the market from falling. Consider Home Depot, which gave an earnings report on Tuesday that was seemingly fantastic. The retailer made more in profit from May through July than any other quarter in its history, and its 14 percent rise in earnings per share was stronger than analysts expected.