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Protecting Your Money in a Declining Economy
By peakmoment | July 10, 2008
Peak Moment 118: Marc Cuniberti is a market analyst and host of a popular "Money Matters" program on our local community radio station KVMR. Marc talks about the causes of inflation (rising prices are just a symptom) and strategies to protect and even make money in a down market. Like getting out of debt, saving, and investing in tangible things people actually need (like agriculture products and energy), and stocks that pay you to hold them by paying a dividend. He stresses the importance of using compounding of interest in your favor: $100 saved today with an 8% return will grow to $200 in 9 years.
Author: peakmoment
Keywords: investment economy money
Added: July 9, 2008
Topics: Contributors, Peak Moment |
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