In the years climbing out of the great recession, regular investors were leary of buying stock, thrice burned, enduringly shy. But in the last six months, as the S&P 500 index has gone up 13 percent, the masses are back to buying.
How do you get rid of a worthless stock? Is life insurance for seniors a good investment option? What ever happened to the paper U.S. Savings Bonds? CBS Money Watch editor-at-large Jill Schlesinger answers listeners' personal finance questions.
The basement vault of the Depository Trust & Clearing Corporation holds 1.3 million shares of stock, bonds and foreign securities. And it was flooded by Superstorm Sandy.
I'm an individual self-taught investor who has just lost a LARGE sum of money investing in a company whose stock (of course) went immediately downhill after I bought it. Rather than becoming afraid of stocks, I am sure there is a lesson to be learned here. I'm just not sure what it is. What tips could you give for people who lose large amounts of money but want to keep investing? Brian, Miami, FL
"What goes up must come down" was true with dot-com stocks and the residential housing market. Investors should understand that the same fate lies ahead for corporate profits, argues James Montier of the investment management firm GMO.