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Released: July 31, 2011
If U.S. defaults on debt: How to protect your investments
Source: John Waggoner, USA Today
If Congress doesn't agree on a solution to the debt ceiling, financial markets will get increasingly jittery as Aug. 2 approaches. Treasury yields could start to rise; the stock market will become more volatile as news about possible deals breaks. Big swings up and down aren't bad for a long-term investor, and the odds are good that Congress will reach an agreement. The traditional cure for the roller-coaster ride in the stock market is diversification: bonds, both corporate and international, as well as money market securities, or cash. And some investments might even do well as the markets get jumpyRead Full Article: If U.S. defaults on debt: How to protect your investments
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