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Sound Investing - Aug. 8, 2008 - Click To Listen |
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August 06, 2008 |
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THIS WEEK:
- Money market funds scramble
- Where to put short term cash
- Myth or Reality: You should stay in cash during market declines
- Our Guest:
Mike Parks, Publisher, Marple's Pacific Northwest Letter
Download As MP3
This week on Sound Investing…
Money market mutual funds have long been viewed as a safe and accessible investment. But recent developments may have left you wondering if large fund operators are taking good care of your money. Money market fund troubles came to light this week as several major players replaced troubled assets to keep shareholders from losing money. We’ll discuss where your cash should be stashed.
The Federal Reserve held the line on interest rates this week, and indications are rates will stay steady for some time. Hear from economist and publisher Mike Parks on interest rates, oil prices and the possible recession in an extended interview.
What should you expect from your advisor when stocks stumble?
Don and Tom discuss this timely topic. Know what your financial advisors should do for you when markets get bouncy!
Gas prices are still hovering around 4 dollars a gallon, but is this the right time to sell your gas guzzler? Get the gory details from Don.
Plus, Paul’s Outrage: When neighborly advice proves costly.
Have a great week!
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