Meredith Whitney, the über-bearish bank-stock analyst at Oppenheimer & Co., continues to tell clients to steer clear of the financial sector. But Whitney makes one exception: She tells Fortune that she likes the preferred shares of the "strong" U.S. banks - JPMorgan Chase, Bank of America, and Wells Fargo.
Yes, the country is in a financial crisis, and the government has provided a $700 billion Band-Aid to help stop the bleeding. But what kind of first aid is there for your personal finances?
How did this crisis happen? Could it get worse? When will the pain end ? If you were looking for answers to those questions - and you should be - you'd seek out someone with knowledge of the past and a record for being right about the future.
It's hard to find any good news about your money these days. The stock market is tumbling. Banks are failing. Home values are cratering. And you're watching your retirement disappear.
Back in January, when it first became clear the economy and the markets were in for a rough patch, the consensus forecast was that we'd have seen the worst of it by now.
Question: I have had several money managers over the years from Merrill Lynch, to UBS to currently Wachovia. I am paying a fee of about 1% on average but am sure there are other fees that I don't know about. I'm not sure this is working. What should I do?
With the stock market cratering, and once-venerable financial institutions biting the dust, you might be wondering about the safety of your traditional pension plan. I've got some good news and some bad news.
Money magazine asked several financial experts: What are you doing with your own portfolio in the wake of the financial crisis?
How bad is this bear market? Out of thousands of offerings, only one mutual fund focusing on U.S. stocks is up this year. You read that right - one!
Auto dealers are hungry for customers: Worried consumers are putting off buying big-ticket items, and buyers on the market are finding it harder to get a loan. So if your credit is solid, now is a great time to say, Let's make a deal.
As gold prices rocketed upwards in September, sophisticated commodities investors started looking at minor metals as potentially less volatile alternatives. Here's five hot rocks, and how to invest in them.
It's normal to feel insecure while you watch the value of your 401(k) dwindle, but there's no reason to panic.
With stocks and bonds in turmoil, and the housing market still in the dumps, you're probably wondering: Are there any safe places to stash your money in this market?
Real people across the country answer the question: what are you doing with your money in the wake of the financial crisis?
What's the point of contributing to my retirement plan if I leave a job before my employer's funds vest?
Despite all the upheaval, it would be a mistake to wait for the markets to cool down before you start contributing.
Part two on the safeguards that are in place to keep your investments secure: Mutual funds and brokerages.
Don't panic. There are a number of safeguards in place to keep your investments secure. Here's a look at what's in place for banks and insurance
The real risk is to continue putting it off - or not save at all.