Friday, October 23, 2009

Personal Finance: 401(k)s may not be the answer now

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Anita Oltmans pauses by cattle she works with at Southeast Community College in Beatrice, Neb. She lost her job when the plant she worked at moved to China, then watched her 401(k) plummet.
Retirement overhaul: 401(k)s may not be the answer now
Q: People keep warning the stock market might suffer a correction. What is a correction, why do they happen and what should investors do to prepare?
Read past columns:
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Stocks' 200-day moving average can signal sell and buy
Stock-picking software is only as good as the picker
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Sandra Block: New credit card fee for paying bills on time
Investing
John Waggoner: Risks and rewards in China investment
Exec pay cut
Treasury slashes executive pay in bailed-out firms
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