Retirement and Investing Expert
Eric Reed is a freelance journalist who specializes in economics, policy and global issues, with substantial coverage of finance and personal finance. He has contributed to outlets including The Street, CNBC, Glassdoor and Consumer Reports. Eric’s work focuses on the human impact of abstract issues, emphasizing analytical journalism that helps readers more fully understand their world and their money. He has reported from more than a dozen countries, with datelines that include Sao Paolo, Brazil; Phnom Penh, Cambodia; and Athens, Greece. A former attorney, before becoming a journalist Eric worked in securities litigation and white collar criminal defense with a pro bono specialty in human trafficking issues. He graduated from the University of Michigan Law School and can be found any given Saturday in the fall cheering on his Wolverines.
Posts by Eric Reed:
Do prices return to some sort of normal? Will housing prices naturally come back down, and the price of blockchain tokens stabilize? Do stock prices always bounce back after a crash, or is there even such a thing as a financial reset? The idea that markets can return to normal is what’s known as the reversion to the mean. Here’s what you need to know about this concept. If you’re having trouble grasping the numerous investing metrics, consider working with a financial advisor who can help you understand and apply the metrics. Read more
Custodial accounts allow you to manage finances for a child or other minor. Usually these types of accounts are set up by a parent, relative or guardian on behalf of a family member, although this isn’t necessary. Any adult can set up a custodial account on behalf of any child, such as a friend or even a stranger, unless otherwise restricted. Custodial accounts can be an excellent vehicle for assets such as college accounts, safety nets and trusts. Once you’ve set up such an account, a financial advisor can help you pick securities to put in the account that match the beneficiary’s needs. Read more
Index funds minimize risk by tracking a market metric, like the S&P 500 or a specific industry as a whole. Hedge funds maximize profits by taking high-risk positions and making investments that mitigate those risks. These are radically different investment vehicles. Here’s what you need to know. Consider working with a financial advisor who can help you decide which one, given your risk profile, time horizon and goals, makes the most sense for you. Read more
Failing health often robs people of their agency. Whether due to age or illness, many hospital patients can’t effectively communicate their own wishes. For legal matters, this is handled through… Read more