THIS WEEK:

• Ugly September closes on an up note (1:00)
• Another lesson for stock pickers, Wamu (22:18)
  
• Myth or Reality: You need to plan to live to 100 (25:59)
  
• Paul's Outrage: More poor advice from "Guru" Suze Orman (47:05)
  
• Our Guest:  Larry Swedroe, author of The Only Guide to Alternative Investments You Will Ever Need (8:07)

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This week on Sound Investing...

It wasn’t a September to remember.  Instead, stocks took a huge beating: The Standard & Poor’s 500 was down 8.9 percent, while the Dow Jones Industrial Average fell nearly 6 percent.  We spend the open of the program discussing the recent market decline and how you should respond to it.

Do you need alternative investments to survive tough times in the stock market?  We ask Larry Swedroe, a well-known author, for his take on hedge funds and other alternatives in the first segment.

Think you are a great stock picker? Think again.  Some of the best, including Bill Miller and a well-known private equity firm, were fooled badly by the quick demise of Washington Mutual.  Learn more as we discuss the difficulty of picking good stocks.

Is it a Myth or reality: You need to plan your retirement to live to 100?  Find out how to plan your retirement spending.
 
Plus, Paul’s Outrage:  More poor advice from “Guru” Suze Orman.