Liz Weston

Columnist Money Talk

Recent Articles

  • My 401(k) is making only 2-3%, so why not borrow from it and pay it back at 5%?

    My 401(k) is making only 2-3%, so why not borrow from it and pay it back at 5%?

    Dear Liz: You have warned in the past about the risks of a 401(k) loan. I have been investing now for 15 years, and the last 14 years, my average return has been between 2% and 3%. I am considered moderately aggressive in my choices of international (24%), large and small cap (52%), midcap (16%)...

  • How cosigning a mortgage loan can bring big risks

    How cosigning a mortgage loan can bring big risks

    Dear Liz: I’ve been self-employed for just over a year. Because of disbursements from a recent divorce, I have enough money to make a 40% down payment on a modest house. My income will easily cover the resulting mortgage payments, health insurance and other expenses, but I've been turned down for...

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