Saturday, January 3, 2004
In this show. . .
Economic outlook for 2004
Will the financial turmoil of 2003 continue in 2004? Are jobs coming back? Is the inflation ghost haunting the markets? Chris Farrell gets an economic outlook from Jim Paulsen, chief investment strategist at Wells Capital Management.
Making a change
What do you want to be when you grow up? If you're still asking yourself this question, chances are you're ready for a change. Stephanie Curtis talks with Po Bronson, author of "What Should I Do with My Life?" about following your dreams.
Investing like a detective
You read all the investment magazines. Your bookshelves are filled with all the latest financial guides. And you're investing mentor is ... Sherlock Holmes? Chris Farrell studies the link between good detectives and good investors with Robert Hagstrom, author of "The Detective and the Investor: Uncovering Investment Techniques from Legendary Sleuths."
Updating your portfolio
The start of a new year is as good a time as any to review and refresh your portfolio. Our in-house investment expert Erica Whittlinger tells you what questions you should be asking yourself as you reassess your financial goals.
Simplify your life
Our hectic, consumer-driven culture leaves many people yearning for the simple life. But what is the simple life? Chris Farrell gets a definition and road map from Linda Breen Pierce, author of "Simplicity Lessons: A Twelve-Step Guide to Living Simply."
Listener questions for January 3, 2004
This week, Chris Farrell answers questions on saving for college, paying for your vacation home, pulling money out of mutual funds, and whether or not the Dow Jones is a good market indicator.
Money Question of the Week
How do you teach your kids about money?
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College Confessions
If you made money mistakes during your college career, you're not alone. Hear Marketplace staffers confess to how they handled their finances.
- Podcast »
Listen to 'After the Bell'
In his weekly podcast, Scott Jagow makes sense of the week in business and the economy. Subscribe now.
- The Whiteboard »
Hostile takeovers
Watch the videoWe all know what a takeover is. That's when one company agrees to be bought by another. But what happens when companies don't agree and the takeover goes hostile? Senior Editor Paddy Hirsch explains. Watch the video.
- Special Reports and Series
Built on Belief »
One year after the fall of Lehman Brothers, Americans' have lost faith in the financial system and learned some hard lessons. Get more.
The Big Shift »
The recession has changed our financial lives. A look at wealth and prosperity in the middle class and how we live now. Get more.
The Borrowers »
How living beyond our means helped bring down the economy. The role of personal debt in the financial crisis, and where we go from here. Get more.
The Next American Dream »
How four pillars of the American Dream are changing. What's in your future?
Taking Stock »
Conversations with individuals who can give us the long view of our economic situation. Get their views.
- Getting Personal »

Q: A HELOC?
I recently paid off my mortgage ($55,000) and consulted with my local bank about how to best invest discretionary funds now that mortgage is paid. Bank's financial advisor, no fee, advised me to take out a HELOC, home equity line of credit for the maximum... I am 67... Pamela, Providence, RI Read Chris Farrell's answer »


