Kiplinger’s Personal Finance

Kiplinger's Personal Finance

May 2016

May issue of KPFM

Cover Story

10 Ways to Make $1 Million

Our smart strategies will help you reach (or surpass) the seven-figure milestone.


Table of Contents


From the Editor

Picking the right mutual funds for today’s market, by Janet Bodnar

How the Election Will Affect Stocks

Don’t get hung up on which party wins the White House.

New Rules Let Investors Buy Shares of Crowdfunded Startup Firms

Take a flier on an unproven firm? It’s risky, but you might hit the jackpot.

3 Ways Parking Meters Are Changing in the 21st Century

Parking meters are undergoing the most radical changes since their introduction in 1935.

The Mixed Blessings of Cheap Oil

Consumers’ savings should still add up to a net plus for the economy.

Smart Steps to Get Ahead of Your 2016 Tax Return

Keep accurate records to take advantage of these breaks.

Money & Ethics

Is a federal rule to remedy the gender pay gap a good idea?, by Knight Kiplinger

Rethinking Retirement

The surprising costs of downsizing your home, by Jane Bennett Clark

Opening Shot

6 cheap Wall Street stocks to buy now, by James K. Glassman

Success Story

A doggie day spa scales up.


7 Mutual Funds Join the Kiplinger 25

Our list of favorite no-load funds gets a shakeup to better match up against hostile markets.

Great Dividend Stocks for a Rocky Market

Cash payments provide some relief from the pain of falling share prices.

Practical Investing

It pays to tune out the news, by Kathy Kristof

8 Stocks Buffett Is Buying (or Should Be)

Hitch a ride with stocks the master already holds, or take a chance on four firms that he doesn’t own — yet.

Income Investing

Negative interest rates? No way, USA, by Jeffrey R. Kosnett

Fund Spotlight

Small bank stocks help this fund crush rivals.


10 Ways to Make $1 Million

Our smart strategies will help you reach (or surpass) the seven-figure milestone.

Clock Runs Out on Popular File-and-Suspend Social Security Claiming Strategy

Those eligible must apply by April 29 to take advantage of the benefit-boosting strategy known as file-and-suspend.

Game Plan

Best places to get money in an emergency when you don’t have an emergency fund.

Refinancing Your Home May Still Make Sense

Even a slightly lower rate could save you thousands of dollars a year.

9 Financial Fumbles You Can Fix

Our list includes do-overs for everything from an unexpected tax bill to a time-share purchase you regret.

Variable Annuities: Income Guarantees, With a Catch

Even with the promise of stock-market growth and lifetime income, variable annuities aren’t for everyone.

Top Credit Cards for Fraud Protection

As data breaches mount up, you may want to choose a card whose issuer provides you with tools to counter fraud and will back you up if your information is stolen.


Rent Your Home for Fun and Profit

Websites such as Airbnb make it easy to rent out a spare room, a wing of your house or a backyard cottage.

How to Recover From a Tech Support Scam

About 3.3 million people are victimized by unsolicited technical support scams every year. Here's what to do if you're one of them.


6 things you must know about chip cards.

Then and Now

Raising funds to expand an art museum.