Monthly Archive for: ‘October, 2008’

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When 401(k) Investing Goes Bad

At a time when everyone is worried about their retirements accounts, I thought the following article might offer some perspective. Teachers in West Virginia offer a valuable lesson for what not to do By JENNIFER LEVITZ Wall Street Journal August 4, 2008 Seventeen years ago, West Virginia school employees joined millions of workers nationwide in [...]

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Some Investors Stampede to Alpacas and Turn to Drink

Please don’t do this Who can blame an investor for taking to the bottle? Andy Pick, a 49-year-old stay-at-home father in Atlanta, recently bypassed the stock market for liquid assets — $120,000 in champagnes. He bought 400 bottles, mostly 1996 vintage, that he says he plans to “sit on” for 10 or 15 years and [...]

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