05/04/12
Marketplace Money for Friday, May 4, 2012
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Episode Description:
It may be a lousy job market out there -- STILL -- but some kids are young enough to believe their dream job awaits. We'll hear what they learned from mom and dad on Take your Daughter or Son to Work Day. And maybe it's time to put your money in a bottle. A wine bottle. The wine world has its own index and everything -- but should you invest? If you just want to sip it, we also have advice on how to get the best wine for the lowest price. And NFL great and multi-millionaire Warren Sapp gives his first broadcast interview since filing for Chapter 7 bankruptcy. So how does it happen?
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Links from this show
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1
Employment numbers? Ignore them.
Our New York bureau chief Heidi Moore tells us why we shouldn't be moved by the monthly jobs numbers.
4
How should athletes manage their money?
A money manager who works with athletes says the basic rules of sound personal finance still apply, even if you're making millions.
0
In vino, profit!
In an age of uncertainty on the stock markets, shrewd investors in London are investing their money in fine wines and reaping a handsome return.
8
The 401(k): A failed experiment?
Labor economist Teresa Ghilarducci thinks it's time for the 401(k) to be replaced.
14
Your major may explain your debt
Commentator Peter Morici sees a link between what we study and what we owe.
2
Letters: Michael Ian Black and record-low mortgage rates
Senior Producer Paddy Hirsch joins Tess to discuss what's on your mind.
0
Manly investing
From joining the Marines to fighting a UFC champion, author Joel Stein took on the crucibles of masculinity and came away with some interesting personal finance insights.
0
Taking your kids to work
Take Your Daughters and Sons to Work Day has evolved since it was first started -- for daughters only -- 20 years ago.
4
NFL legend Warren Sapp on his financial life after football
Super Bowl winning defensive tackle Warren Sapp discusses his recent bankruptcy filing and the lessons it has taught him.
0
How to pick a fine wine
Tess Vigeland pays a visit to the Fine Wine House in Los Angeles to learn how to pick a delicious wine that's also easy on the pocketbook.
0
Piggy for good financial leadership
Katie Davis from Fayetteville, N.C. and her husband Matt are paying themselves first.
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