Kiplinger’s Personal Finance

Kiplinger's Personal Finance

June 2020

June issue of KPFM

Cover Story

Your Financial Rescue

You have questions. We have answers.

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Table of Contents

AHEAD

Reaching for a Lifeline

The theme of this issue is what to do about your money in the time of the coronavirus and a distressed economy.

Is the Worst Over for Stocks?

Even if it isn’t, investors who wait for the market bottom may well miss it.

Ways the Stimulus Package Could Help You in 2020

$1,200 stimulus checks are just one way the Federal government is trying to blunt the economic pain of this pandemic.

New Tax Deadline Gives You More Time to Save

Breathe easy if you haven't finished your taxes yet. Thanks to the coronavirus pandemic, the April 15 deadline for filing your 2019 federal income tax return (and paying taxes) has been moved back.

Money-Smart Ways to Spend Coronavirus Quarantine

Take a look at 16 projects you can undertake from home, including putting your stimulus check to good use.

Mark Zandi: U.S. Economy Won't Recover Until We Have a Vaccine

The chief economist of Moody’s Analytics predicts the pace and shape of the recovery from the coronavirus-driven downturn.

Coronavirus Car Insurance Rebates for the Road Less Traveled

People are driving less, and that means big auto insurance companies such as State Farm, Allstate and Geico are giving coronavirus-related rebates.

INVESTING

Earn Up to 9% on Your Money Now

Yields on many fixed-income investments have plunged, but turmoil in the bond market has created new opportunities.

FAANGs + 1: Higher Tech, Lower Risk

These stocks can withstand the shocks that are becoming more common in our interconnected world.

How to Handle a Bear Market

If you’ve got to take action, boost your savings rate or scout for mispriced securities. And check that your portfolio is in line with your goals.

6 Stocks to Buy and Hold (And 6 Picks to Avoid)

Stocks in high-quality firms — financially strong, well-established companies with lots of cash and little debt — are better equipped to withstand troubled times and rough markets

Kiplinger ETF 20: Our Strategic Funds Shine

These funds focus on specific sectors, or they mirror custom indexes designed to beat pockets of the market.

Treasuries: America's Best Product?

Whatever you think about politics or politicians, in tough times investors will do well to bet on the government.

Vanguard Equity Income Wrestles with Dividend Cuts

As firms keep cutting dividends, it’s becoming more important to stress test stocks to make sure they can weather a severe downturn.

5 Great Funds for a Down Market

If major declines in your mutual funds have you reconsidering just how much of a beating you’re willing to take, consider adding a fund that holds up in difficult markets.

MONEY

The Best Rewards Credit Cards for You, 2020

Our top picks offer cash back or points you can use to buy groceries and other everyday items — or add to your rainy-day fund.

Get Help With Your Bills

Many lenders are offering breaks to borrowers hit by the coronavirus-fueled crisis.

Ways to Raise Cash Quickly

If your emergency fund is tapped out, you can probably borrow from yourself. Here are the top contenders.

You Can Still Buy and Sell a House During Coronavirus

But you’ll have to jump through some hoops to close the deal.

Are Your Bank Deposits Insured?

As long as your financial institution is federally insured, your deposits are protected — up to certain limits.

RETIREMENT

How Retirees Can Protect their Portfolios

Take these steps to help your retirement savings withstand the bear.

Rethinking Retirement

Keep a stock allocation that you can live with — and still sleep well.

FUNDAMENTALS

5 Bear Market Do's and Don'ts

Market history is repeating itself, and the time-tested strategies of the past dozen bears will help you navigate through this one, too.

My First Bear Market, by the Book

I'm boosting my 401(k) contributions now that my gym membership and student loan payments are on hold.

REWARDS

The Complete Guide to Decluttering

Spending a lot of time at home? What better time to get organized?

Best Video Apps for Staying in Touch

We rate five video-chat platforms for user-friendliness and security features.

How to Buy a Car (for Less!) During COVID-19

Safety first, but don’t rule out the old-school approach of just picking up the phone and calling your local dealer.

Smart Ways to Spend Your Stimulus Check Money

If you don’t need the money for necessities, consider putting your economic stimulus check to work for you.