Argentina in December 2001 versus Europe in December 2011

This month marks the ten-year anniversary of Argentina’s massive sovereign debt default, an event with many lessons for the European sovereign debt crisis of today, though analogies are far from perfect.First, as has been discussed and debated on planet money and naked capitalism, the Argentine economy actually recovered quickly from the painful de…

Fearless Forecasts, 2012

Yet another year of upheaval and uncertainty bites the dust!
And not a moment too soon. I’m ready for a better year. I bet you are, too. I’m not asking for a lot.

A year when gas prices go down— and home prices go up— would do.
A few moments without screeching from the crumbling foundations of civilization would be nice….

How To Invest a College Age Daughter’s Inheritance

Q. My 19-year-old daughter inherited a healthy sum of money from her father’s estate when he passed away. I am not very savvy with the market or investments. I’d like some help figuring out what to do with some of the funds.

First, she is in college now. We want to put about $60,000 in something that, preferably, will not lose money. It must …

How To Invest a College Age Daughter’s Inheritance

Q. My 19-year-old daughter inherited a healthy sum of money from her father’s estate when he passed away. I am not very savvy with the market or investments. I’d like some help figuring out what to do with some of the funds.

First, she is in college now. We want to put about $60,000 in something that, preferably, will not lose money. It must …