Episode 51 • • 1:09:04 - 1:12:49
51: Corked Wine
401k Investment Strategies, Shorting the Market with ETFs
The impact of the stock market collapse on 401k and IRA accounts is discussed, with a warning against privatizing Social Security. The hosts explain how investors can use Exchange Traded Funds (ETFs) like PowerShares to "short" the market within their retirement portfolios, a tactic typically unavailable through direct stock ownership in those accounts. The segment also notes the National Debt Clock running out of digits in New York.