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Detailed text transcripts for TV channel - CNN - 20100812:17:46:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20100812:17:46:00

Saving your money. if you were putting it into a bank account, what would you get out of there? the average savings account gives you .75%. you're not getting rich off the stock market or off of just putting your money in bank. where's the other place you could feel a little wealthier? your home. the median price of a single family home -- half of all homes sold for more, half sold for less, $176,900, a smidge higher than it was a year ago. so home prices seem to have stabilized, but not by much. why? because there are foreclosures. every time there's another foreclosure. it means that your ho...

Detailed text transcripts for TV channel - CNN - 20100812:17:07:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20100812:17:07:00

Retirement. we've been talking about the stock market in the last couple of days, it's not doing well. if you invested a dollar at the beginning of the year, it's worth less than a dollar. the other thing is if you want to save your money, put it in a bank account, we'll take a look at the interest rate. the average interest rate you get for a savings account, which doesn't really restrict you, is not even 1%. so you're not doing well on savings. where is the other place that the economy touches you. your home. we talk about the median price of an existing single-family home, a used home, exis...