If Your Stock Fund Lost Less Than 38% in 2008, You're Lucky

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At this stage in US history the best strategy for stabilizing our economy is to put the money we have in local bank simple interest savings accounts. Money in the bank has always been the foundation of finance with stock market speculations an option. When the options of stock market investments become the standard, the risk of loss negates the firm reliance on hard protected cash as mutual agreements of financial risk put the money available without the backing of responsible equity.

mart of KS 5:48AM January 08, 2009

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New Money

Katy Marquardt, a senior editor at U.S.News & World Report, takes a contemporary look at happenings in the financial world and aims to help young investors get going with their portfolios--or just sound cool at cocktail parties. Have a question? E-mail Katy at newmoney@usnews.com

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