For thirty years, people have treated money funds as being just as safe as a bank. On the rare occasions when money fund management made a bad investment, they've voluntarily coug
Several times recently, Treasury Secretary Paulson (and many others) have claimed that the "root cause" of the current financial crisis is "the housing correction." This is comple
Anybody--but especially frugal people--can be excused for thinking that the whole credit crisis thing is being overblown. After all, we get along without debt. In fact, we str
With the recent upheaval in the financial markets, many individual investors are feeling the pain of shrinking investment accounts. In fact, over $2 trillion dollars have been wipe
The United States has a lot to recommend it, but there's always room for improvement. Let's look abroad for better ways of doing things and and start improving.
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Money lost in money fund
For thirty years, people have treated money funds as being just as safe as a bank. On the rare occasions when money fund management made a bad investment, they've voluntarily coug
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The United States has a lot to recommend it, but there's always room for improvement. Let's look abroad for better ways of doing things and and start improving.
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