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If you knew exactly how much money you would need at retirement, you could figure out how much risk you'd have to take to get there. You could stop focusing on finding the next hot investment and set about building your overall net worth. You'd develop a plan to manage your existing assets and future resources to meet your anticipated needs. Private Money Management: Switching from Mutual Funds to Private Money Managers supplies a blueprint of investment objectives that does just that. |
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First, David Remnick of The New Yorker magazine and Andrew Nagorski of Newsweek, discuss Boris Yeltsin's health and its implications for the future of Russia. Then, Michael Price, one of the nation's best-known, top-ranking money managers talks about the stock market's recent erratic behavior and his recent selling of his firm in a deal that could ultimately total $800 million. |
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UPDATE: Uncertainty For Employees At Lehman Investment UnitCNNMoney.com - 6 hours agoLehman wealth managers feel they have a personal responsibility to help their clients, and believe the approach could end up helping their own careers down ... |
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