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Sound Money for August 23, 2003
 Gas prices soar
Gas prices are on the rise, just in time for Labor Day weekend. Some consumers in the US are paying more than two dollars a gallon. Why the increase? Stephanie Curtis talks to oil industry analyst Mike Lynch about how the blackout and tight supply affects the price at the pump.
(Aug 23, 2003)
IRAs: Taking the money out
Whether you're nearing retirement or have been laid off and want to tap into your savings early, figuring out the best way to withdraw money from your IRA account can be a daunting task. But it doesn't have to be if you follow IRA expert Ed Slott's advice. (Aug 23, 2003)
The Support Economy
If you're fed up with "one-size fits all" customer service, you may help spark an economic revolution. In the book The Support Economy, Harvard Professor Shoshana Zuboff and former CEO James Maxmin, argue that people are winning the economic evolution race and corporations must catch up or lose market share. (Aug 23, 2003)
Turning your 401(k) into an annuity
Wall Street has a "new" plan to make sure you won't run out of money during retirement: an investment that promises the return of equities but the guarantee of an annuity. Our in-house investment expert Erica Whittlinger evaluates whether it's worth higher fees for these products or if you can do-it-yourself. (Aug 23, 2003)
Japan on the rebound?
Economists have gone out on a limb and predicted a turnaround for Japan's economy several times in the past decade. Once again, there are signs of improvement, like the Nikkei average's steady rise since May. Chris Farrell asks Los Angeles Times senior economics editor James Flanigan whether Japan is really on the road to recovery. (Aug 23, 2003)
Identity theft insurance: What measure of protection?
Chances are you know someone who has been a victim of ID theft, and you've heard the horror stories about the quest to clean up the damage. To cover the costs incurred during the ordeal, some companies are offering identity theft insurance. But is this insurance worth the price? Jay Foley of the Identity Theft Resource Center explains the coverage. (Aug 23, 2003)
Listener questions for August 23, 2003
Chris Farrell answers listeners' questions about starting over after a divorce, commission based vs. no-load funds, saving for an engagement ring, paying off debt or buying a condo after a windfall, unit investment trusts, and whether Federal Reserve Chairman Alan Greenspan is to blame for our present economic conditions.
(Aug 23, 2003)
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