Money Talk: Growth Requires Accepting Some Risk
Question: What is the best way to protect my 401(k) now and in the future when I draw from it for retirement? What is the least risky place to “bank it”? I have a fear of a crashing stock market in the middle of my retirement years. Answer: The bigger risk is that the stock market will crash early in your retirement years. Starting withdrawals from a shrunken pool can dramatically increase the odds of running short of money in your...
Forget Power Grid: Worry About Toasters
Hijacking “smart” toasters and refrigerators and hacking corporate ventilation systems are among the new threats envisioned by cybersecurity experts as an increasing array of items are connected to the Internet. The Internet of Things, a movement that seeks to control everything from factory equipment to traffic lights and household appliances through the Web, creates vast opportunities for improved efficiency and convenience. But...
Consumer Confidential: Warning About Cellphone Radiation May Go Too Far
It’s a question that just won’t go away: Do cellphones give you cancer? The city of Berkeley, Calif., has passed an ordinance that, beginning this month, would make it the first municipality in the country to require that cellphone retailers warn customers that mobile devices may emit cancer-causing radiation. The wireless industry’s trade group responded with a federal lawsuit claiming that its First Amendment rights were being...
