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Marketplace Money for Friday, February 22, 2013

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Is a diamond really forever? We look at what determines the worth of diamonds on the open market and share tips on buying that special jewel… and reselling it if your significant other says no. Plus, how to get the most out of general use gift cards and advice on how to win at online gambling now that Internet casinos are legal in Nevada. Also, why one man says the student loan crisis is a myth, how Cape Coral’s real estate market is thriving while the rest of Florida faces a foreclosure crisis, and the controversy over streaming funerals online.

Segments From this episode

Letters: What's with all the different hosts on Marketplace Money?

by Marketplace Contributor Feb 22, 2013
Jill Schlesinger, editor-at-large of CBS Money Watch, answers listeners' personal finance questions including how to create a college savings account for children who aren't yours, what to do when you've maxed out your IRA contributions and how to get the courage to get back into the stock market following the fiscal cliff.

Cape Coral real estate: Florida's housing anomaly

by Barbara Bogaev Feb 22, 2013
According to RealtyTrac, Florida has the highest rate of foreclosure rate of any state in the U.S. So why is the Florida town of Cape Coral doing so well compared to other cities in the state?

Diamonds are not a jewel of an investment

by Adriene Hill Feb 22, 2013
Ever wondered how much you could get for your diamond ring? Not nearly what you paid for it.

Your Facebook photo: A window into your soul?

by Marketplace Contributor Feb 22, 2013
Your online avatar -- that photo or icon that stands for you in the virtual world -- is so much more than an image. Commentator Scott Huler says it's a window into the soul...and that's annoying. Huler lays out his big issues with these few small pixels of modern life.

Far-flung relatives now watch funerals online

by Marketplace Contributor Feb 22, 2013
Turns out online funerals aren’t just for celebrities. More and more families across the U.S. are looking at them as a way to cut costs, and include more friends and relatives.

7 tips to prevent a gift card nightmare

by Mark Garrison Feb 22, 2013
Gift cards that can be used anywhere are now more popular than cards for specific stores, like Best Buy, Apple or Barnes & Noble. But these general purpose cards come with strings attached for both those who give and receive them.

Virtual Vegas: The risks and rewards of online gambling

by Barbara Bogaev Feb 22, 2013
As more states consider legalizing online gambling, test your knowledge with our quiz. Plus, what does it take to win online and what should you watch out for? Our wizard of odds provides insight into gambling in the virtual world.

Wait, we don't have a student debt crisis?

by Barbara Bogaev Feb 22, 2013
This year, for the first time, total outstanding student loans will exceed $1 trillion. That's a crisis, right? The Atlantic argues no.

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