Personal Finance Daily: Your kids need a Roth IRA

	Personal Finance Daily OCTOBER 17, 2012 Wednesday's Personal Finance Stories By MarketWatch Don't miss these top stories: Why your kids need a Roth IRA The label financial advisers love Feistier Obama shows up for second debate 10 greatest market crashes It's hard to think of your kids with gray hair, but it will happen — and it's not a bad idea to help them start saving for retirement while they're young. Bill Bischoff explains why your kids should be contributing money to a Roth IRA during their teenage years. Read his story in our Personal Finance pages; plus, see the reactions from last night's presidential debate, and as the 25th anniversary of the 1987 stock-market crash approaches, check out a slide show of the 10 greatest market crashes. —Amy Hoak , assistant editor Why your kids need a Roth IRA Making modest contributions during a child's teenage years can add up to a good amount by retirement. It's also tax-smart. Why your kids need a Roth IRA. The label financial advisers love A growing number of Wall Street pros market themselves as "tactical" investors. But just what does that mean? The label financial advisers love. Power 30: Economic stimulators Eleven through 13: Rep. Dave Camp, Dan Gilbert, Chief Justice Roberts. Power 30: Economic Stimulators. Power 30: Consumer game-changers We look at individuals who are redefining the consumer experience. Power 30: Consumer game-changers. ECONOMY AND POLITICS Romney's tax plan will drive business growth Tuesday night's debate between President Barack Obama and Gov. Mitt Romney highlighted two visions of America's future for investors, writes Diana Furchtgott-Roth. Romney's tax plan will drive business growth. Obama debate win gets campaign back on track In his second debate with challenger Mitt Romney, the president succeeds to one degree or another at all seven tasks set for him by pundits, pollsters and party operatives, writes Rex Nutting. Obama debate win gets campaign back on track. Feistier Obama shows up for second debate A feistier president shows up for Tuesday's second debate with his Republican challenger in a performance that could slow Romney's momentum. Feistier Obama shows up for second debate. U.S. home construction surges in September Government data show U.S. home builders broke ground at the fastest pace in more than four years last month, accelerating by 15% as building permits also rose sharply. U.S. home construction surges in September. INVESTING 10 greatest market crashes As investors mark the 25th anniversary of the 1987 stock-market crash, a look at 10 other "great" financial market crashes through the ages. 10 greatest market crashes. Another stock crash like 1987's is inevitable Prepare yourself for another stock-market crash as big as the free fall in October 1987, writes Mark Hulbert. At current levels, that would mean a Dow decline in a single session of more than 3,000 points. Another stock crash like 1987's is inevitable. QE's real cost: dysfunctional markets Central bankers appear to have relocated financial markets to Bizarro World, that comic-book planet where the laws of life and physics are the polar opposite of those on earth, writes Michael Casey. QE's real cost: dysfunctional markets. Debt is drowning the American dream Whoever wakes up in the White House after the inauguration ball will have to soberly confront the ugly reality of the U.S. government's oppressive debt levels, writes Satyajit Das. Debt is drowning the American dream. Why Citigroup matters to you The financial industry is in the middle of a seismic readjustment, writes Todd Harrison. Why Citigroup matters to you. The next euro storm is in Italy Investors are preoccupied with Greece and Spain, but the next crisis to envelop the euro zone will be in Italy, writes Matthew Lynn. The next euro storm is in Italy. Get the latest news on our mobile site: http://www.marketwatch.com/m MarketWatch has sent you this newsletter because you signed up to receive it. To ensure you receive this newsletter in the future, please add marketwatchmail.com to your list of approved senders. Sent to: kumaresan.selva.blogger@gmail.com Unsubscribe | Subscribe Copyright 2012 MarketWatch, Inc. All rights reserved. MarketWatch, the MarketWatch logo, and BigCharts are registered trademarks of MarketWatch, Inc. By using this site, you agree to the Terms of Service and Privacy Policy (updated 6/26/07). MarketWatch - Attn: Customer Service, 201 California St., San Francisco, CA 94111