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Suzanne Woolley on Muck Rack

Suzanne Woolley

Verified
New York
Covers:  retirement planning, saving, retirement, investing, debt management, real estate, banking products, health insurance, taxes
Doesn't Cover: crypto, blockchain, ESG
Personal finance reporter @business @wealth | Views are mine, all mine | swoolley2@bloomberg.net

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Apply for Financial Aid. Become a Millionaire on Paper

Apply for Financial Aid. Become a Millionaire on Paper

Bloomberg News — One minute your annual income's $50,419.20. The next? $5,041,920. Something like that happened to at least 165,000 filers of the online Free Application for Federal Student Aid (FAFSA). As nice as being an instant millionaire sounds in theory, the repercussions for financial aid applicants could be painful.

Amazon May Have Just Created a Weapon of Mass Consumption

Amazon May Have Just Created a Weapon of Mass Consumption

Bloomberg News — With its announcement of a new smartphone this week, Amazon unveiled advanced camera technology that could arguably be called "point and shoot yourself in the foot."

New York City Why now more than ever the city is a wonderful place to call home - December 1, 200...

New York City Why now more than ever the city is a wonderful place to call home - December 1, 200...

Money Magazine — (MONEY Magazine) - In a luxuriant private courtyard garden on the east side of Manhattan, in a neighborhood known long ago for its turtle population and known now for its celebrity inhabitants, writer E.B. White had a favorite tree. "It is a battered tree, long suffering and much climbed, held together by strands of wire but beloved of those who know it," he wrote in 1948. To White, reminiscing about his younger years in New York City, the tree was a symbol of the city itself, of "life under difficulties, growth against odds, sap-rise in the midst of concrete, and the steady reaching for the sun."

The Next Buffett: Exclusive look at the strategy and style of the man who would be Warren. - De...

The Next Buffett: Exclusive look at the strategy and style of the man who would be Warren. - De...

Money Magazine — (MONEY Magazine) - Lou who? That's the response many investors had to Warren Buffett's recent announcement that Louis A. Simpson is the man who will manage Berkshire Hathaway's investment gazillions if, one day, Berkshire's Cherry Coke-fueled chairman cannot.

Digital Heckling: Vox Populi: Mockery as Art Form

Digital Heckling: Vox Populi: Mockery as Art Form

Bloomberg.com — Long before there was facebook and blogs, Viagra spam and inarticulate LOLCats, there was taunting, teasing, baiting and badgering online. This election season, however, has brought digital heckling to new heights as political satire is crowdsourced in real time like never before.

House Rich: Neighborhoods With the Biggest Price Jumps: Showing Their Appreciation

House Rich: Neighborhoods With the Biggest Price Jumps: Showing Their Appreciation

Bloomberg News — Harbor views, happening culture, a short commute, a huge park, 10 months of sunshine a year. Those are a few of the attractions in Bloomberg Rankings' list of top U.S. neighborhoods in home price appreciation.

Zombie Personal Finance Books of 2014

Zombie Personal Finance Books of 2014

Bloomberg News — "Stop it. Just stop it," you said. "Stop with the personal finance books. Twelve ways to build my nest egg. Six ways to retire at 60. Sixty ways to retire at 6. What would the Buddha do with $5,000 and the right ETF? I can't take it anymore."

Hedge Funds, Free to Advertise, Need a Mascot

Hedge Funds, Free to Advertise, Need a Mascot

Bloomberg News — Hedge funds may need to settle on a mascot to feature in new ad campaigns now that the Securities and Exchange Commission has lifted the ban on some hedge fund advertising activities. The usual suspects - the wise owl, the noble lion, the soaring eagle - are all taken. So we've come up with a few...

House Punting: The Cost of Waiting to Buy in Hot Markets

House Punting: The Cost of Waiting to Buy in Hot Markets

Bloomberg News — When shopping for a big purchase, the line that "it never hurts to wait" often makes sense. But that's only because by looking around more, you might find a better deal. Which is why, with interest rates expected to rise over the next few years and home-buying demand still heathy, following that advice could be costly in today's real estate market.

Inflation Soars in the Bitcoin Consumer Price Index

Inflation Soars in the Bitcoin Consumer Price Index

Bloomberg News — In December, using bitcoin to pay for a cold Corona at New York City's Old Man Hustle bar was a smart move. With the digital currency up 64-fold for the year, patrons got lots of bitcoin bang for their beer. Bitcoin-priced goods were experiencing "massive deflation," Bloomberg Businessweek's Peter Coy wrote, as the price of real things in terms of bitcoin plummeted.

OccupyTheInternet.com*: The OWS Digital Land Grab

OccupyTheInternet.com*: The OWS Digital Land Grab

Bloomberg Businessweek — While Occupy[fill-in-the-blank]ers are being rousted from camps in the U.S. and abroad, there's a digital land grab underway. Godaddy.com has sold 5,200 domain names with "occupy" in them from September to early November, compared with 80 from January through August.

Taxes on the Silver Screen: The Screenwriter's Revenge

Taxes on the Silver Screen: The Screenwriter's Revenge

Bloomberg News — Partisan emotions are running high this election year, but one thing unites us: We all hate paying taxes. So while there's the occasional likeable tax expert in the movies (think Tim Robbins in "Shawshank Redemption") and the rare heroic accountant (Charles Martin Smith in "The Untouchables"), they are exceptions to the rule. Most accountants and IRS agents in movies are bloodless bureaucrats who range from the socially awkward to the positively demonic.

Investing in College Towns: A Degree in Real Estate

Investing in College Towns: A Degree in Real Estate

Bloomberg News — We've heard the presidential candidates talk about investing in education. One very literal way to do that: Buy real estate in college towns. To get the lay of the land, we used data gathered by real estate information web site Zillow on towns ranging from Riverside, California to Pittsburgh, as well as looking at enrollment and other trends.

The Real Cost of Super Bowl-dom: Big Money

The Real Cost of Super Bowl-dom: Big Money

Bloomberg News — Maybe they should call it the Super (Expensive) Bowl. With nosebleed game tickets topping $2,200, hotel rooms marked up as much as 1,758 percent, and 30-second television ads that sold for an average of $3.5 million each (that's $116,667 a second), Super Bowl XLVI is an orgy of corporate and consumer spending.

What You Can Make by Renting Out Your Home

What You Can Make by Renting Out Your Home

Bloomberg News — Oklahoma City and San Jose, California, top lists of cities where homeowners deciding to rent rather than sell their homes could see the biggest gains. That's according to real estate information website Zillow Inc., which ran data to see what current homeowners could make if they became mom-and-pop landlords.

`Smile, Cheater, You're On Candid Camera'

`Smile, Cheater, You're On Candid Camera'

Bloomberg Businessweek — Surveillance vans. Undercover agents wired for sound. Burly ex-police detectives carrying guns. Not the standard tools of the trade for most insurers. But then, privately held auto insurer Robert Plan Corp. is not your standard insurance company. "This is the wild West," says the company's high-energy president, Robert M. "Bobby" Wallach. "We're in hand-to-hand combat with fraud." Wallach's battleground: the urban auto insurance market.

Cover story: Our Love Affair With Stocks

Cover story: Our Love Affair With Stocks

Bloomberg Businessweek — The promise--and perils--of putting faith in Wall Street It's everywhere you look: splashed across television screens, newspapers, book jackets, web sites. It seduces taxi drivers and corporate executives, farmers and artists. For many people, it becomes an obsession, dominating their thoughts and dictating their actions. But despite the near-religious zeal of some of its followers, this is a decidedly secular phenomenon.

What's Next, Securitized Bridge Toll?

What's Next, Securitized Bridge Toll?

BusinessWeek — What do credit cards, security-alarm contracts, student loans, mutual-fund fees, and delinquent child-support payments have in common? Securitization, one of those ugly words that investment bankers come up with. Companies--and even local governments--are creating marketable securities out of just about anything but the kitchen sink, as long as it's sitting on a balance sheet.

Baby Boomers Are Overestimating Future Social Security Income

Baby Boomers Are Overestimating Future Social Security Income

Bloomberg News — Social Security benefits may not provide as much income as many older Americans expect — and that’s before possible cuts are needed to address a projected shortfall a decade from now.

Where to Invest $100,000 Right Now

Where to Invest $100,000 Right Now

Bloomberg News — Investor anxiety is on the rise as geopolitical tensions mount, the threat of recession looms, and it's unknown how much longer seven mega-cap stocks can keep fueling the S&P 500’s double-digit gain this year. Amid the uncertainty, four investment experts asked by Bloomberg News where they’d invest $100,000 said they’re focused on where the longer-term value lies in the US and abroad.

US Workers Say They Need $1.8 Million for Retirement

US Workers Say They Need $1.8 Million for Retirement

Bloomberg News — Workers are finding it harder to save for retirement, even as the amount they need keeps rising. The average savings target in the US is now $1.8 million, according to a nationwide Charles Schwab survey released Wednesday. That’s up from $1.7 million a year ago.

Time Is Running Out to Avoid Cuts to Social Security Benefits

Time Is Running Out to Avoid Cuts to Social Security Benefits

Bloomberg News — Social Security has long been considered the “third rail” of US politics — the implication being that if you touch the program, you’ll suffer a nasty shock. But time is running out to implement changes that would avoid benefit cuts for Americans already struggling to save for retirement.

Where to Invest $1 Million: Mobius Sees ‘Real Future’ in India

Where to Invest $1 Million: Mobius Sees ‘Real Future’ in India

Bloomberg News — Mobius, 86, spoke about where he sees the greatest opportunities in emerging markets. He’s still invested in China, despite the risks of a confrontation over Taiwan. But he said the numbers tell a better story in India. The population is larger and younger, and its economy is growing faster than China’s. Mobius said he isn’t deterred by a short-seller report earlier this year that targeted the Adani Group, the high-profile Indian conglomerate.