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Barry Ritholtz

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No one gets rich by shunning new cars and lattes

Managing your financial life requires following three rules: No. 1. Spend less than you earn. No. 2. Prioritize investing for your future. No. 3. Figure out what...
THE NUMBER OF people with over $1 million in their 401(k) accounts declined by more than 28 percent in the fourth quarter, according to data from Fidelity Investments. / BLOOMBERG FILE PHOTO/JB REED

Opinion: 401(k) millionaires club got smaller last year

NEW YORK - Fidelity Investments' quarterly data dump arrived last week, featuring loads of information about its retirement-account holders. It was eye-opening, to say...
HOMEOWNERSHIP RATES have begun increasing over the past few years. / BLOOMBERG

Opinion: Millennials leave the basement to buy homes

A few years ago, I wrote “The economy will one day improve, and the millennials will move out of their parents’ basements. When that happens, expect...
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