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Thursday, August 13, 2009

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Getting Personal

Getting Personal

Tess Vigeland and Chris Farrell talk to listeners about how to invest an inheritance, how to get the most of a lost loved one's financial legacy and what happens if a bike rider is hit by an uninsured driver.

Getting Personal (Marketplace)

More on Investing, Retirement - Saving, America's Financial Crisis

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  • Audio: Getting Personal part 2
    Each week on Marketplace Money, host Tess Vigeland looks at the week's major national and international stories that will impact the average listener's wallet.

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  • By Thom Irwin

    From Los Angeles, CA, 08/16/2009

    Just a question. My impression money people over the years is that at least a signifigant portion of business school grads come out looking for a killing with no concern about actually producing anything of value. I got lucky so far as my family was wise enough to find a broker who would just follow a simple instruction to "make sure that the retirement money is there when we need it". He went with mostly tax free government bonds. Municipal, State and local ageny bonds. He always used to tell us that the bonds were insured (AIG etc.) Well he was right up to a point and the money managed a modest increase and now as the last of the line I should be comfortable in retirement.

    My question is, what's the next target of the money sharks? What do they see as the next bloody score floating helpless in the sea of investments? Should I be worrying about my bonds?

    Thanks

    Thom Irwin - Los Angeles

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