The Pitch – Where is your money going?

August 14, 2009 – 9:30 am – No Comment

Where are you putting your money?

Question:

Recession! That’s a word that people are really turning a deaf ear to. However, there are a few things that we all still need to remember and do while the market is still down and the economy is nursing it wounds.

Money is the biggest issue. It’s something everyone wants, so where are you putting your money these days?

Answer:

Right now, analysts are warning against putting your money in the stock market, they’re warning against putting your money in real estate, it doesn’t seem like your money is safe anywhere. However, if you put your money in a mutual fund that tracks the market on a whole, perhaps you may just beat inflation for the time being. This may have to do for some of us who don’t have the time to micromanage our portfolios and watch every move the market makes.

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