All this week, Ali and Christine are teaching you how to 'speak money.'
People used to buy individual bonds, stocks and cds. Not anymore. Now, you can easily put your money in multiple parts of the market all at once with mutual funds, index funds and exchange traded funds or ETFs. But what are these funds and where do you start?
Ali Velshi and Christine Romans have authored a new book called "How to Speak Money" and in this video, they explain how you can jump into investing in these new funds.
The Eurozone debt crisis is sending global markets into a free-fall. The Dow took its biggest hit in six weeks yesterday. Increasingly, fears have spread to Italy – which accounts for a whopping 25% of the Eurozone's debt. And now there are even reports that Germany and France are holding talks about possibly downsizing the European Union.
Christine Romans speaks with Drew Kanaly, Chairman and CEO of Kanaly Trust, to discuss where this crisis is going – and how it is impacting your 401k.