How safe are your ’safe’ investments?, America’s cleanest cities & $1.2 billion of unclaimed money - Today in Money 3/20
Posted by: in Stocks Money NewsFiled under: Time Warner (TWX), PepsiCo (PEP), Money and Finance Today, FedEx Corp (FDX), NIKE, Inc’B’ (NKE)
In the News:
· Where are the Seesaw Markets Going Today After Yesterday’s Big Drop?
· Oil Plunges to $100/Barrel After Biggest 1-Day Drop in 17 Years
· Dollar Strengthens as Gold Plunges
· Borders Group Exploring Putting Itself Up for Sale
· FedEx Profit Lower on Softer Economy; Cautious Outlook
· Nike Earnings Top Estimates on Overseas Sales
· AOL May Be Worth More Than You Think
· Unlimited Tunes From Apple? Not So Fast
· XPrize Will Offer $10M 100mpg Vehicle
· Pepsi Buys Control of Russian Juicemaker
· Warren Buffett Helping ‘All My Children’s’ Erica Kane Fight an Insider Trading Rap
Are Money-Market Funds as Good as Cash?
In stressful times, you may hear advisers and strategists recommend that investors raise their allocations to “cash.” There are two reasons for doing so. First, cash, which is presumably risk free, protects your portfolio from losses. Second, raising cash builds reserves you can use to buy stocks, junk bonds or other assets at lower prices once the backdrop brightens. But just what is cash? And is it as safe as it appears to be?
Are Money-Market Funds as Good as Cash? - Kiplinger.com
America’s Cleanest Cities
These 10 metro areas reap the economic benefits of clean water and pure air. Topping the list is Miami, Fl with healthy ozone levels, low pollution and high-quality water. Seattle, Jacksonville and Orlando also all rank highly.
America’s Cleanest Cities - Forbes.com
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