Your $tock Mom

60 Minutes reporter Steve Kroft investigates the issue that members of Congress can legally engage in the trading of stocks based upon non-public information that they acquire from their jobs on Capitol Hill.
November 13, 2011 4:02 PM

Plus, 60 Minutes OverTime

Plus, Peter Schweizer, focus source in the 60 Minutes interview and author of “Throw Them All Out,” discusses on CNBC the ethics of the House and Senate, the problem of insider trading in the U.S. Congress, and the willingness of the SEC to enforce the rules, given that they have to …

(video 9:04)

What would a trade war with China really cost; and, more importantly, who would pay the highest price?
(video 3:48)

Will we never learn the lessons of history?  The Euro debt crisis and the global economic collapse, built on greed and lack of oversight, reflect previous geopolitical and economic periods of upheaval and global instability.
Today, however, circumstances are even more critical as global economies are fused together in an inextricable, symbiotic relationship.
Now, more than ever, the growth and preservation of individual personal finances are at the mercy of global events.  It is imperative that each of us stay informed, be diligent, be skeptical regarding all matters of money and recognize …

Getting Our Bearings
(video 4:35)

Investors be nimble
Stay informed and be quick
To move in and out of
The funds that you pick!
– $tock Mom
Where are the regulations in this post Dodd-Frank era with companies, like MF Global, raiding customers’ funds for their own trading?
“The MF Global example … is … prop-trading gone wild; … it’s crazy,” says Michael Masters, Founder & Chairman of the watchdog organization Better Markets, Inc.; and who has testified before Congress many times on the topic of speculation in the market and much more.  “And along the way, what’s happened …

Tue 01 Nov 11 | 01:00 PM ET
CNBC’s Sue Herera and Kayla Tausche discuss what went wrong at MF Global.
(video 3:25)

You might think that under your mattress is the best place to keep your money, especially when bonds, CDs, and money markets do not pay enough interest; but there are other places that can still increase the value of your money IF you diligently maintain a watchful eye and are nimble enough to move into the investment vehicle that serves to your best advantage.
The goal is to keep the value of your money ahead of inflation plus have your money realize a gain that will be more profitable than under the …