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When it comes to your cash, think safety: yields are in the cellar, but you don't have to settle for 2%.(PORTFOLIO DOCTOR)
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Kiplinger's Personal Finance Magazine
- Article date:
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August 1, 2008
- Author:
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Copyright informationCOPYRIGHT 2008 The Kiplinger Washington Editors, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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OUR READERS
WHO: CHRISTIAN AND LORI KUZAN, BOTH 40 WHAT: HEALTH-CARE
FINANCE ANALYST AND INSURANCE AGENT
WHERE: HAMBURG, N.Y.
FAMILY: AMANDA, 13
SYMPTOM: THEY NEED TO BUILD A CASH RESERVE AND INVEST IT SAFELY
OH, THE JOY AND THE PAIN. Chris and Lori wed last September and settled into Chris's home with Amanda, Lori's daughter from a previous marriage. Then, in January, fireplace ash ignited in the garage and incinerated the 60-year-old structure. The family now rents an apartment while awaiting completion of a new and larger home.
Insurance erased the old mortgage and other debts, but Chris and Lori are hardly on Easy Street. There's the mortgage ...
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