Protect Your Money

As promised, I have found articles with reasonable advice about how to protect your capital until some sense of normalcy returns to the markets.  Such normalcy will not occur until money begins flowing between banks and then on down the borrowing chain at reasonable interest rates.  Let’s hope the mortgage rescue plan is a beginning toward making that happen.

Please click on any of the links below that may interest you.

ROI at The Wall Street Journal has an excellent examination of safe investments.

An argument for investing in gold is made at CNBC.com.

If you wish to stay in the market, here are some defensive stock ideas at CNBC.com.

Certificates of Deposit are often a safe bet (as long as the amount is under the FDIC Deposit Insurace limit, which may be going up to $250,000 from $100,000 as part of the rescue plan).  Here is an article by Laura Bruce at Bankrate.com.

That should give you enough to chew on for now.  We have some important economic news coming out this morning about jobs and the national debt, and a Senate vote on the rescue plan tonight.

Be safe!