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Information is gathered from sources deemed to be reliable. Click on the links below to view the full personal finance articles. In case you missed them, here are the top 10 Personal Finance stories from MarketWatch for the week of Oct. 6-10:
Weekend Investor: With fine-wine investing, the market is always in the cellar On a hot, sunny Friday here in September only days after the first Monday market meltdown, two well-heeled wine buyers battled each other at a private auction for the privilege of shattering a world-record price for a single case of 1982 Chateau Lafite Rothschild.
Video: Fisher Touts 'Roads to Riches' Billionaire money manager Ken Fisher, author of "The Ten Roads to Riches," maintains that the recent sell-off in the market this week won't go down as the start of the next Great Depression.
Real Estate Weekly: Nearly 25 million U.S. households feel no mortgage pinch Personal Finance Daily: A lot of bread for a great case of wine and thou portfolio grows Audio: Lipper: Today should not be your focus, despite the turmoil A. Michael Lipper, founder of Lipper Inc. and the author of "Money Wise: How to Create, Grow and Preserve Your Wealth," says that investors "need to raise their eyes from today's close to tomorrow's needs and the needs of their family 10, 20, 30 years from now." In a MarketWatch interview, Lipper said that the things that have gone wrong with the market are not surprising, but the way they have all happened at the same time is; as a result, Lipper said, "the old book of plays gets thrown out and you write a new one."
Text of Bush statement on the economy Americans should have confidence in the future of the markets and the economy, President Bush says in a short statement from the White House. The complete text of his statement.
Economic Report: U.S. September import price index falls 3% WASHINGTON (MarketWatch) -- An index for U.S. import prices fell 3% in September -- the second consecutive month of declines -- and the largest decline since April 2003, the Labor Department reported Friday.
Realty Q&A: In a neighborhood of teardowns, little selling help needed I own a house in a neighborhood in Pacific Palisades, Calif., where more than half of the homes are being torn down upon their sale. The value is in the lot, not the house. Consequently, the services of a traditional real estate broker seem unnecessary. What would you recommend in these cases?
Video: Investing in Fine Wine With the financial markets in turmoil, the sometimes lucrative market of fine wine may appeal to investors, but it's not as simple as stashing bottles in your basement. MarketWatch's Jennifer Waters reports from a Chicago wine auction.
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