Marketplace Money for June 26, 2004

Episode Description 
Marketplace Money for June 26, 2004

Letters for June 26, 2004

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

"Educating Rico": What's good credit

We've all heard the term...good credit. That's something you need in this country if you want to buy a house or lease a car. But what does good credit mean? And who decides what's "good?" In this month's installment of "Educating Rico"...our financially challenged protagonist discovers it all comes down to one little number.
Posted In: Investing

Conversation with Daniel Jones

Last year, "The Bitch in the House" became a New York Times bestseller. Cathi Hanauer edited the collection of essays, focusing on what women thought about their changing roles as caregivers and breadwinners. Now we have "The Bastard On The Couch," a collection of essays from the male perspective, edited by Hanauer's husband Daniel Jones.
Posted In: Jobs

"Straight Story": The index fund debate

It's time once again for our economics editor Chris Farrell is to help you sort out what's smart, what's stupid and what's the "Straight Story." Are index funds headed for trouble? Chris diffuses the situation.
Posted In: Investing

"Day in the Work Life": An artisan

Electronics are the fastest-growing form of solid waste. And part of the problem is that when high tech gizmos break, you can’t usually repair them. On this installment of "A Day In the Work Life" -- our weekly look at how folks trade their time for money -- we meet a fix-it man who prefers gizmos of the past. But is his profession headed for the dustbin of history?
Posted In: Jobs

From the Money Matters Desk: An investing report on risk

We had a look last week at how investors should think about "uncertainty" in the markets. On this week's "Money Matters" -- our regular look at how to improve your bottom line -- we examine risk tolerance. Terrence Odean studies risk at the Haas School of Business at the University of California Berkeley. He explains how to measure your risk tolerance.
Posted In: Investing

"Buzzword": Class action suit

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 -- class action suit. You hear it, you see it, but do you really know it?
Posted In: Jobs

Mailbag for June 26, 2004

Chris Farrell answers more of your burning money questions. This week, he gives advice on defining mutual fund shares, firing a financial planner, and investing a large chunk of change.
Posted In: Investing

Insider Fed?

The Federal Reserve Board meets next week and everyone knows interest rates are going up. So why is there anticipation over a done deal? Kai asks Mickey Levy, the chief economist at Bank of America, to dissect the relevance of the Fed.
Posted In: Economy

Pension Shuffle

The days of working for a company for 20 years are gone. As are a gold watch upon retirement and a secure pension plan. These days, companies are doing all they can to cut costs. And phasing out the traditional defined pension plan is becoming popular. Hillary Wicai reports.
Posted In: Retirement