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Podcast: Money Life with Chuck Jaffe
Episode: In today's rocky markets, cash is an asset-allocation choice
Description: Peter Crane, president of Crane Data -- which publishes the Money Fund Intelligence newsletter tracking the performance of money market mutual funds -- says that high interest rates should have investors thinking about where to park and protect their cash, and to treat their cash holdings as an asset rather than an after-thought in the investment plan. He also discusses the likely path of money fund rates based on the Fed's moves. In The Book Interview, Victor Haghani, co-author of "The Missing Billionaires: A Guide to Better Financial Decisions," discusses how bad financial choices have wiped out countless family...