Michael Sheehan

Articles by Michael Sheehan

Would you take investment advice from a cartoon character? How about the man who created him? Scott Adams, creator of cube-dweller Dilbert, has an economics degree and an MBA, and believes the average investor needs to take a simpler investing approach.

Doctors beware! Barred from raising rates without adequate notice and limited as to late charges and penalty interest rate increases, banks are scrambling to put new fees in place to restore lost revenues and may be targeting physicians in creative ways.

When faced with unhappy or even angry patients, some doctors may try to sweep the complaints under the rug. That's a bad idea. There is a definite correlation between the number of complaints and the number of malpractice suits.

With car sales up over last year, dealers are not as desperate to "move the metal" as they used to be. That translates into fewer and smaller rebates and scarcer financing incentives. Still, savvy buyers can still drive a bargain if they are willing to put in some time and effort.

As if physicians weren't already swamped with paperwork: A new provision of the healthcare law requires businesses to file tax forms for every vendor who sells you more than $600 worth of goods in a year. The new law will affect almost 40 million businesses, including most medical practices.

Complaints about healthcare products and services were one of the Top 10 consumer complaints of 2009. Consumers reported healthcare providers for things such as misleading claims, unlicensed practitioners, long wait times and failure to deliver promised services.

The dog days of August have arrived, and that means state sales-tax holidays aren't far behind. Aimed at back-to-school shoppers, sales-tax holidays are designed to lure more consumers into retail outlets and encourage them to spend more. Some 15 states are planning to hold sales-tax holidays this month.

With great fanfare, General Motors unveiled the $41,000 sticker price for the Chevy Volt, its much-hyped extended-range electric sedan -- or about $8,000 more than the all-electric Nissan Leaf, which will list for $32,780. Are they worth the cost?

Physicians routinely screen patients for a variety of physical ailments, but a recent pilot project is asking doctors to screen patients for evidence of financial fraud and to identify patients who might be at risk.

It's tempting to ignore a minor car accident, rather than face the premium hikes that may follow if you tell your auto-insurance company. But there are risks to not reporting an accident -- here are some considerations.

A slew of tax cuts are set expire in less than six months, unless Congress acts to extend them. With the government starved for revenue and the national debt topping $13 trillion, Washington watchers are speculating over which tax breaks lawmakers will choose to extend.

Second-quarter earnings reports are starting to arrive and analysts are expecting solid results. But market watchers say it's more important than ever to focus on what companies see coming down the road, rather than what's in the rear-view mirror.

Splitting up with your spouse can devastate your retirement savings if you're not careful. Unless you have the proper paperwork in place, you may be on the hook to pay income taxes on both your share of the account and your spouse's share.

The recent carnage in the stock market has led to lower interest rates on Treasury securities, with the yield on the 10-year note falling as low as 2.938% before ending last week at 2.98%. The lower rates have spilled over into the mortgage market, where interest rates hit a record low. Is now the time to refinance?

The number of illegal, abusive trusts is on the rise, the IRS warns. Even if you're a victim, you could face criminal and civil penalties. If you've been approached about setting up a trust, or have done so already, here's what you need to know.

Nearly 140 S&P 500 companies raised their dividends or introduced new ones this year. Experts now believe some of these cash cows may declare a special dividend soon to sidestep a potential hike in the dividends tax next year. A look at some solid high-yielding stocks.

Numerous studies have shown that a medical resident's clinical performance breaks down after 24 hours on the job, and those who pull all-night shifts are responsible for more than half of medical errors. Now, new guidelines propose shortening residents' work week.