Protect yourself from a double-dip recession

February 9th, 2010 | Posted in Retirement

Question: We’re in our late 60s, retired and have a comfortable amount of money in retirement accounts, mostly mutual funds. My husband wants to liquidate most of our holdings and put the proceeds in money market funds, laddered CDs, maybe an annuity, as he fears the political situation will lead to another recession. Is he right? –Sharon, Kennewick, Washington

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2010-07-29 16:03