When investors were spooked by the financial crisis and plunging stock market, they turned to what they thought were "safe" investments. Two years later, many are learning that bond prices can actually drop (check out the value of the bond fund in your 401 (k) as proof!) and assets that are sometimes seen as "safe" may not be.
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Jill Schlesinger
Jill Schlesinger, CFP® is the Emmy-nominated business analyst for CBS News. She covers the economy, markets, investing and anything else with a dollar sign on TV, radio (including her nationally syndicated radio show), the web and her blog, "Jill on Money." Prior to her second career at CBS, Jill spent 14 years as the co-owner and chief investment officer for an independent investment advisory firm. She began her career as a self-employed options trader on the Commodities Exchange of New York, following her graduation from Brown University.