Chrysler Financial Website Problems
York: A Long, Ugly, Deep Recession
Speaking at the CFO Rising conference in Orlando, former IBM and Chrysler Corp. finance chief Jerry York predicted a lengthy and deep recession for the American economy. Addressing the topic of what boards are demanding from CFOs, York said if he had ...
Question I have invested in no-load mutual funds for 20 years, but I'm looking at a fund with a 4. My concern is the 5. If I plan to hold it for a very long time, investing periodically, does it make sense to pay the load? Tom Kushner, New Canaan, Conn. With plans to retire in the next five to eight years, Linda Paine knows exactly how much investment risk she can tolerate zero. When William Marlowe retired in 2003, following careers in the Navy and the Department of Energy, he was sure that he and his wife Kat could safely live on his military pension, her generous civil service pension and a small slug of Social Security - which together net the couple $88, 000 a year. Pros have all sorts of clever computer models for assessing risk. But even those brilliant machines misjudge risk from time to time like in the subprime meltdown. Question My financial planner is continually suggesting American Funds. 5% load. What is your
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