Wall Street

Downturn Makes Investments Affordable But Risky

by Gabe Bullard on October 8, 2008

Large drops on Wall Street have made many stocks more affordable, but large investments are likely still risky.

That’s according to personal financial consultant Layne Wilkerson, who says the mantra of ‘Buy low, sell high’ still stands.

“I would spread it out over a systematic time period, maybe $1,000 a month until it was all invested,” he says. “That way you don’t take a risk of putting it all in at a high point and then we see it decline 20% in the next couple weeks.”

Wilkerson made his comments on WFPL’s State of Affairs program Wednesday.

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Yarmuth Supports Bailout Package

by Gabe Bullard October 3, 2008

Kentucky Congressman John Yarmuth reluctantly supported the economic recovery package that cleared the Senate this week.

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Givers, Nonprofits Feel Pinch of Financial Turmoil

by ekramer October 1, 2008

The turmoil on Wall Street has more than banks and businesses on alert. Foundations and nonprofits here in Louisville are bracing themselves for the fallout. WFPL’s Elizabeth Kramer reports. It was just days after Lehman Brothers filed for the biggest bankruptcy case in U.S. history when the Association of Small Foundations held its annual conference. […]

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Many Kentucky Banks Unharmed

by Gabe Bullard September 30, 2008

Conservative business practices have protected most Kentucky banks from being damaged by the Wall Street financial crisis. That means they’re able and willing to extend credit to eligible customers.

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