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Marketplace Money for August 14, 2004

Episode Description 
Marketplace Money for August 14, 2004

Letters for August 14, 2004

We open the Sound Money mail from the last few weeks. Don't miss the missives.
Posted In: Economy

Investment Clubs

Interested in pooling your resources and tackling the stock market as part of a team effort? Why not join the roughly 22,000 people registered in investment clubs? Angelle McQuade, the co-author of "Investment Clubs for Dummies", gives Kai the scoop on how to participate in an investment club.
Posted In: Investing

The Dangers of D-I-Y

A rash of TV shows make Do-It-Yourself home improvement seem simple and cost effective. But is that realistic? Reporter Apryl Lundsten found out the hard way -- by doing it herself.

"Straight Story": Where the Jobs Are

It's time once again for economics editor Chris Farrell is to help you sort out what's smart, what's stupid and what's the Straight Story. The job report for July set off the wrong type of fireworks. Chris cleans up the debris.
Posted In: Economy, Jobs

"Day in the Work Life": Realtor

This week, the National Association of Realtors announced that existing home sales will hit 6.5 million, above last year's record of 6.1 million, and the median existing-home price is expected to rise 7.3% to $182,400. On this week's installment of "A Day in the Work Life" -- our look at how folks trade time for money -- we go house hunting with a realtor.
Posted In: Jobs

From the Money Matters Desk: An investing report on IRA rollovers

On this week's "Money Matters" -- our regular look at how to improve your bottom line -- we take a look at what to do with your precious retirement savings when you leave a job. Should you keep the money in your current employee sponsored 401k? Or should you roll it over to an IRA? We invited Kathy Kristof, personal finance columnist for the Los Angeles Times, to give us her advice.
Posted In: Investing, Savings

"Buzzword": Trading Range

Life is hard enough without having to decipher everything. Each week, Sound Money will bring you a word or a phrase that has bubbled to the top of the news. For instance: "Trading Range." You hear it, you see it, but do you really know it?
Posted In: Investing

The Oil Market

Oil prices have reached a record high. But gas prices have dipped. What does this mean for consumers? Kai asks Jim Burkhard, director of global oil at Cambridge Energy Research Associates, about the ins and outs of the oil market.
Posted In: Economy

It's the Economy, Silly

It's been a weird summer road trip for the economy. Corporate earnings were up, jobs were coming back, and even the beleaguered manufacturing sector was gaining some steam. And then... consumers started spending less. Job creation slacked off. These economic detours have left some people wondering what's going on. Amy Scott went in search for answers.
Posted In: Economy

Mailbag for August 14, 2004

Chris Farrell answers more of your burning money questions. This week: advice on investing in 529 college plans, researching reverse mortgages, and selling off stocks.
Posted In: Investing, Savings