Explaining the risk behind JPMorgan's loss

May 11, 2012
Senior producer and host of the online explainer series The Whiteboard, Paddy Hirsch discusses the risks involved in JPMorgan's $2 billion loss.
A man walks by a Chase bank branch at the company's New York headquarters in New York City.
Spencer Platt/Getty Images

When money goals collide

Jan 19, 2012
We have achieved the goal of $10,000 in our emergency fund and now we're looking to put that extra money into retirement. However, in this uncertain market with dwindling returns, we're not sure that a long-term retirement fund is the best place to dump all our eggs. ... We have a fairly good mortgage rate of 4.75 percent. Our question is: Would it be better to focus on paying off our mortgage early while the market is so volatile instead of putting all that money into retirement? Every penny paid off to the mortgage early is money we aren't paying interest on, after all. Cathy, Bogart, GA