Peak Moment: Protecting Your Money in a Declining Economy
10 Jul 2008 | |
View all related to economy | Investment | Money | Peak Moment Television
Are we in the perfect financial storm? Marc Cuniberti, a market analyst and host of "Money Matters" on our local community radio station KVMR, thinks so. Marc talks about the cause of inflation (rising prices are just a symptom) and how you can stop it with a candy bar! He discusses strategies to protect and even make money in a weakening economy -- like getting out of debt and investing in physical things you really need. In the stock market, he suggests dividend paying stocks, stressing the importance of using interest compounding in your favor: $100 saved today with an 8% return will grow to $200 in 9 years. Also read Janaia's blog about this conversation. (www.kvmr.org/programs/moneymatters).