THIS WEEK:

• Painful ten months for stock investors (0:59)
• Company stock very costly for Washington Mutual employees (22:20)
  
• Myth or Reality: Now is the time to add international funds (27:17)
• Paul's Outrage: Teacher's fund gets schooled by broker (48:02)
  
• Our Guest: Jennifer Openshaw of ABC Radio (8:10)

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This week on Sound Investing:

Stocks investors have suffered mightily during the first 10 months of this year, and October didn’t help.  The Standard & Poor’s 500 fell 16.9 percent during October, making it the 3rd worst October in history.  And many investors have seen their portfolios fall 35 percent or more this year.  Listen as Tom, Paul and Don try to make sense of it all.

We don’t want you to own your company’s stock!  Why?  Seattle-based Washington Mutual provides a great example.  Before the company collapsed, 43,000 Wamu employees held 17.6 million shares, worth about 770 million dollars.  Unfortunately, those 17.6 million shares were worth a combined 2.8 million just about 18 months later.  We discuss this painful loss.

Is it a Myth or Reality: Now is the time to add international funds to your portfolio.

Plus, hear Paul’s Outrage:  Teacher's fund get schooled by broker!

Our guests include ABC Radio’s Jennifer Openshaw. 

Suggested links: New York Times Article, From Midwest to M.T.A., Pain From Global Gamble.