Christopher Farrell is economics editor of Marketplace Money, a nationally syndicated one-hour weekly personal finance show produced by American Public Media.
M. Byrne. Providing you are in good quality investments stay the course. Both me and my wife are in our mid seventies and looking at our portfolio and are staying the course as selling is a costly expense adding to losses. Try to select quality dividend stocks if possible with the advice of your broker.There always are better days ahead though trying as they may be. Keep the faith in both finances and your Lord. Merry Christmas
I'm not sure how to contact you during the show....and I'm sure you've already discussed this at some time. Here is my question: If the banks are receiving such a low interest rate, now 0% to .25%, and if the consumer to consume is needed to help the economy, why, then are our credit card rates remaining the same??? Perhaps if the banks reduced the credit card interest to reasonable rated, the consumer would buy....
I am 67 years old and self employed. I have a small retirement (15,000) in mutual and bond funds, which are steadily losing money. I want to take this money out and put it in CDs. Advisors tell me to "ride this out" but at this stage of my life I just want to keep my money safe. Is this a wise move? Thanks...and Happy Holidays!
dear sir:
hope you're well. last year when my wife and i had started this college scholarship fund, we were interested in rapid growth, i.e., a vanguard fun. last time i checked, its net worth was less than the initial investment. inasmuch as our son is only four, college is "not around the corner" for him. in light of this, would you recommend us pointing this investment in a direction other than vanGuard? please advise.
many thanks,
hal sharpe
252 586-2271