Where pros are putting their cash
Money magazine asked several financial experts: What are you doing with your own portfolio in the wake of the financial crisis?
Bert Whitehead, financial planner, Franklin, Mich.
"I'm not selling anything. I have a balanced portfolio, including maybe 10% in cash. I can withstand a long-term down market. One thing that I am considering is moving cash from a regular money market fund to a Treasury money fund that invests only in T-bills. The Treasury money markets are safer."
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"I'm not selling anything. I have a balanced portfolio, including maybe 10% in cash. I can withstand a long-term down market. One thing that I am considering is moving cash from a regular money market fund to a Treasury money fund that invests only in T-bills. The Treasury money markets are safer."
More galleries
Last updated October 09 2008: 4:47 PM ET