Wednesday's Personal Finance Stories
By MarketWatch
Don't miss these top stories: Robert Powell writes in his Your Portfolio column today that if you have ever had an investment plan or worked with a financial adviser, you've probably filled out a risk-tolerance questionnaire. The problem is that most investors really don't understand their own risk tolerance, and because the questionnaires aren't very good, their own financial advisers don't understand, either. But no matter how you look at risk tolerance, academics and others say it's time to build a better mousetrap, one based on science and research.Also on MarketWatch today, Jennifer Waters writes that a recent decline in air bookings has resulted in a few great, last-minute flight deals for the Memorial Day weekend. Check them out today.—Anne Stanley , Managing Editor, Personal FinanceHow to better understand your risk tolerance
No matter how you look at risk tolerance, academics and others say it's time to build a better mousetrap, one based on science and research.
Read more: How to better understand your risk tolerance. How to save on 'free' airline tickets
Airlines have raised the fees on free. In exchange for giving travelers who redeem miles more seats to choose from, carriers are tacking on bigger surcharges.
Read more: How to save on 'free' airline tickets. Not too late to grab Memorial Day travel deals
Airfare deals are still available this holiday weekend, thanks to an unexpected falloff in bookings.
Read more: Not too late to grab Memorial Day travel deals. INVESTING
Insiders help bull market dodge bullet
Courtesy of corporate insiders, the bull market appears to have dodged a bullet — yet again.
Read more: Insiders help bull market dodge bullet. Euro falls to lowest level since July 2010
The euro tumbles to weakest against the dollar since July 2010, reflecting mounting worries over what an exit by Greece would mean for the shared currency.
Read more: Euro falls to lowest level since July 2010. The great Facebook fizzle
The dust has not settled yet after the great Facebook fizzle, but it's not too early to ask just one question: Why would any individual investor in his or her right mind invest in stocks?
Read more: The great Facebook fizzle. Fender music to Clapton's ears, but not investors'
Legendary guitar maker Fender is prepping its IPO, but investors who want value in that industry should look to the Far East, writes Ben Weiss.
Read more: Fender music to Clapton's ears, but not investors. Commentary: IPO stands for 'it's probably overpriced'
In the past few days, thanks to the initial public offering of Facebook, investors have learned what IPO really stands for: "It's probably overpriced."
Read more: IPO stands for 'it's probably overpriced.' ECONOMY & POLITICS
New U.S. home sales climb 3.3% in April
Sales of new U.S. houses rose 3.3% in April as the real-estate market continued a slow ascent back to good health.
Read more: New U.S. home sales climb 3.3% in April. What Washington is eyeing after J.P. Morgan trade
While talk of breaking up big banks isn't likely to be translated into action in the wake of J.P. Morgan Chase & Co.'s $2 billion trading loss, pressure on U.S. and international regulators is growing to make other changes that could limit bank size and hike their capital.
Read more: What Washington is eyeing after J.P. Morgan trade. Video Professor's latest product is a blast
Cable TV's Video Professor has a new product that could make him famous all over again: a green and clean solution to toxic canned air, reports Al Lewis.
Read more: Video Professor's latest product is a blast. 'Astonished' Merkel says no to euro bonds
Germany gives no hint of a willingness to soften opposition to euro bonds despite mounting international pressure as European leaders prepare to meet in Brussels.
Read more: 'Astonished' Merkel says not to euro bonds. 
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