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During the week, I interviewed Henry Blodget, CEO of Business Insider and pulled this snippet about investing, because it's perfect for "Jill on Money" listeners. It's just one minute, so check it out:
This advice is relevant for Elaine, in IL, a widow with large amount of money to invest, JD in KY, who needed a second opinion about his financial advisor and the portfolio itself, as well as John in CT, who recently sold his business and wants to know what he should do with the proceeds.
Jerry in CT is worried about a dollar collapse, so we talked about defensive strategies, while the most defensive strategy of them all went to Edwina, who is faced with earning less than 0.5 percent on her checking account or paying off a low interest loan.
Both Rasheed and Laura needed some tax planning advice--see links below on rules around deducting student loan interest and self-employment tips.
Here are web sites and resources mentioned in this week's show:
Thanks to everyone who participated and to Mark, the BEST producer in the world. If you have a financial question, there are lots of ways to contact us:
Call 855-411-JILL and we'll schedule time to get you on the show LIVE
Send an email: firstname.lastname@example.org
Tweet me: @jillonmoney
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