The recession has left workers in their 20s and 30s wary of the stock market. According to the Employee Benefit Research Institute, the percentage of workers between 25 and 35 who say they have saved for their retirement has fallen by over 20 percent in the last decade. A Newsweek article about the research noted […]
Tag Archives | Stocks
Recession Lessons: Diversification Still Works
The Great Recession prompted many pundits to declare much of the conventional investment wisdom null and void. But not so fast. An analysis by brokerage house T. Rowe Price (see the article starting on page 15) makes a compelling case that a properly diversified portfolio, including stock market exposure, is still the best route to […]
Making Sure Your Money Is Safe
The news of the past couple of weeks has been unsettling for many people, with Lehman Brothers filing for bankruptcy, Merrill Lynch being sold, and AIG getting a government bailout. Even if you don’t have money in these institutions it can make you wonder how safe your money is. In the midst of all the […]