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Chris Farrell

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Sound Money > Programs > November 1, 2003

Sound Money for November 1, 2003



AudioListen to the entire November 1, 2003 program

Program segments
SegmentHealth care for uninsured
SegmentUsed car deals
SegmentAvoiding money mistakes
SegmentMaximizing a lottery win
SegmentFinancial success in 6 steps
SegmentTaxing wealthy estates
SegmentListener questions for November 1, 2003

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AudioHealth care for uninsured
Millions of Americans are without health care insurance. Thanks to unemployment or early retirement, many workers are facing the loss of employer-sponsored coverage. Where can they turn for affordable policies? Chris Farrell talks with Merrill Matthews, executive director of the Council for Affordable Health Insurance, about individual policies, trade association affiliations and medical savings accounts.
Resources
DocumentCouncil for Affordable Health Insurance
DocumenteHealthInsurance.com
DocumentCobra Health Plan Advice for Individuals and Small Businesses
DocumentHealth Insurance In-Depth

AudioUsed car deals
Big discounts on new car models translate into great deals in the used car market. Stephanie Curtis talks with Bob Kurilko of the automobile evaluation service Edmunds.com about which models are a good value, where to start your search and whether certified vehicles offer any added benefits.
Resources
DocumentEdmunds.com
DocumentAutoTrader.com
DocumentKelley Blue Book

AudioAvoiding money mistakes
Is your irrational behavior costing you money? Take a money quiz with commentator Business 2.0 Editor Eric Schurenberg to see if you are rational when it comes to investing.
Resources
DocumentBusiness 2.0 Magazine
DocumentNobel prize winner Daniel Kahneman

AudioMaximizing a lottery win
Whenever there's a big jackpot, the question we get is: If I win, what makes more sense financially? Taking the money in one lump sum or spreading it out over time? Mathematician John Allen Paulos runs the numbers for us.
Resources
DocumentA Mathematician Plays the Stock Market

DocFinancial success in 6 steps
Our in-house investment expert Erica Whittlinger offers her sure-fire formula for financial success, and breaks it down into six simple axioms you can follow to insure that you'll live a comfortable life.
AudioTaxing wealthy estates
Bill Gates Senior talks to Chris Farrell about elimination and reform of the controversial estate tax. Gates, co-author of Wealth and our Commonwealth: Why Americans Should Tax Accumulated Fortunes, offers his reasons for why the wealthiest two percent of U.S. taxpayers should continue to pay estate taxes.
Resources
DocumentNolo on estate tax
DocumentCornell Legal Information Institute on estate tax
DocumentBill and Melinda Gates Foundation
DocumentWealth and Our Commonwealth: Why Americans Should Tax Accumulated Fortunes

AudioListener questions for November 1, 2003
This week, Chris Farrell answers questions about: recouping investments after a market loss, financing college for triplets, the future value of a home, purchasing individual stocks, and whether gold belongs in everyone's portfolio.
Resources
Documentfinancialengines.com
DocumentSound Money's Asset Allocation Calculator
Documentsavingforcollege.com
DocumentKiplinger's Magazine
DocumentFinancing College: How Much You'll Really Have to Pay and How to Get the Money (3rd Edition)
DocumentThe Best Way to Save for College: A Complete Guide to 529 Plans 2002/2003
DocumentSavingforcollege.com's Guide to College Savings
DocumentNational Association of Investors Corporation



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