Green Options » Ron Lieber http://greenoptions.com/tag/ron-lieber Posts tagged 'Ron Lieber' Tue, 30 Sep 2008 05:43:45 +0000 http://wordpress.org/?v=2.5.1 en Is Your Money Safe Where It Is? What About Green Stocks? http://inspiredeconomist.com/2008/09/30/is-your-money-safe-where-it-is-what-about-green-stocks/ http://inspiredeconomist.com/2008/09/30/is-your-money-safe-where-it-is-what-about-green-stocks/#comments Tue, 30 Sep 2008 05:43:45 +0000 Reenita Malhotra http://inspiredeconomist.com/2008/09/30/is-your-money-safe-where-it-is-what-about-green-stocks/ Everyone is petrified of losing money in this crazy whirlwind of stock market yo-yo-ing lately. The fall of Lehman brothers has offset a downward spiral not just for financial stocks, but for stocks in general. The Dow Jones dropped 777 points today, creating a historical record.

The good news is that according to Ron Lieber, NYTimes money guru, some investments might just be safe. “Banks like HSBC Direct and Capital One are offering online savings accounts paying more than 3 percent,” says Lieber. “These accounts have all the normal Federal Deposit Insurance Corporation protections of at least $100,000. Also, the Treasury Department is currently insuring investors who had holdings in money market mutual funds as of Sept. 19, as long as the fund company pays to participate.” (NYTimes.com: Your Money, September 29 2008)

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