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Marketplace Money for Friday, May 4, 2012
May 4, 2012

Marketplace Money for Friday, May 4, 2012

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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?

Segments From this episode

Manly investing

May 4, 2012
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.
Author Joel Stein said that Wall Street men represent the "deconstruction" side of masculinity (the other side being "construction).
Daniel Berehulak/Getty Images

Your major may explain your debt

May 4, 2012
Commentator Peter Morici sees a link between what we study and what we owe.

In vino, profit!

May 4, 2012
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.

The 401(k): A failed experiment?

May 4, 2012
Labor economist Teresa Ghilarducci thinks it's time for the 401(k) to be replaced.
How are you planning to retire?
iStockphoto

Piggy for good financial leadership

May 4, 2012
Katie Davis from Fayetteville, N.C. and her husband Matt are paying themselves first.
iStockPhoto

Employment numbers? Ignore them.

May 4, 2012
Our New York bureau chief Heidi Moore tells us why we shouldn't be moved by the monthly jobs numbers.

How should athletes manage their money?

May 4, 2012
A money manager who works with athletes says the basic rules of sound personal finance still apply, even if you're making millions.
The rookies of the Indiana Colts.  Jon Peterson of Next Level Financial Group says that in the end, new NFL recruits are just 20-year-old kids.
Joe Robbins/Getty Images

Letters: Michael Ian Black and record-low mortgage rates

May 4, 2012
Senior Producer Paddy Hirsch joins Tess to discuss what's on your mind.
iStockphoto

How to pick a fine wine

May 4, 2012
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.
Dan Kitwood/Getty Images

Taking your kids to work

May 4, 2012
Take Your Daughters and Sons to Work Day has evolved since it was first started -- for daughters only -- 20 years ago.

NFL legend Warren Sapp on his financial life after football

May 4, 2012
Super Bowl winning defensive tackle Warren Sapp discusses his recent bankruptcy filing and the lessons it has taught him.
Warren Sapp, a former defensive tackle for the Tampa Bay Buccaneers and the Oakland Raiders.
Robert B. Stanton/NFLPhotoLibrary

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?