Protecting Your Money in a Declining Economy

Peak Moment 118: Are we in the perfect financial storm? Marc Cuniberti, a market analyst and host of "Money Matters" on our local community radio station KVMR, thinks so. Marc talks about the cause of inflation (rising prices are just a symptom) and how you can stop it with a candy bar! He discusses strategies to protect and even make money in a weakening economy. Like getting out of debt, and investing in things you really need. In the stock market, he suggests dividend paying stocks, stressing the importance of using interest compounding in your favor: $100 saved today with an 8% return will grow to $200 in 9 years.[The information in this program is not offered as investment advice. Consult a qualified financial advisor before making any investment decisions, and do your own research before investing.]