Its users buy and sell the riskiest financial products and do so more frequently than customers at other retail brokerage firms, but their inexperience can lead to staggering losses. Richard Dobatse, in San Diego with his family, signed up for Robinhood in 2017 and said he lost $860,000 in March.Credit…John Francis Peters for The New…

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Financial advisers weigh in on the personal finance guru’s latest warning about individual retirement accounts, and how to use them Personal finance celebrity Suze Orman says retirement savers should steer clear of traditional accounts in lieu of Roth accounts, especially during this global pandemic. But like everything else in personal finance, that advice largely depends…

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How do you score with your Social Security knowledge? Follow along with this quiz from the show! If you would like to submit a question that may be featured on the Wednesday Q&A, use the form below! We’re Here to Help Have questions about this week’s content, or need help with your financial plan? We’re here to…

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So you’ve started a new job and the company offers stock options as part of its benefits package. Maybe you have no idea what that means, or you’re not quite sure how to get started. Here are some basics you should know. Most companies offer perks as part of a salary package: vacation days, 401(k)s…

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Now that we’ve celebrated our Independence Day, you may want to consider another form of independence: financial. Financial independence is about having the freedom to work or not work as you choose because you’re no longer dependent on income from working. If it’s something you aspire to, here are some steps you can take: 1.…

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