portfolios

The Wall Street crisis has a lot of ordinary investors worried about their portfolios. Knight Kiplinger, editor in chief of Kiplinger's Personal Finance magazine and the Kiplinger Newsletter, says people should ride out the bear market.

He believes if investors want a safer environment, they should move their money into CDs or money market funds.

I was at a meeting with several financial planners recently where the hot topic was how to manage our clients' pain and anxiety in a bear market.

The room was full of long faces. Clearly the popularity that we planners have enjoyed over the past five years has declined faster than our clients' portfolios.

A high-profile New York hedge fund has notified its investors that it is pondering shutting several of its key portfolios because of a brutal combination of poor performance and lack of liquidity in key markets