Daily Dollar Briefs

Investors, “Don’t Despair”: Knight Kiplinger shared several ideas with NPR’s Linda Wertheimer about how people can steer clear of Wall Street meltdowns and investment scandals. – npr

Just another job cut Monday… Textron said it will cut 2,200 jobs, or 5.5% of its world-wide task force. The cuts are expected to save $100M in 2009 — WSJ

1 Million More Cuts: The job market in 2009 is going to be tough, about 1 million job losses tough. Be prepared, and make sure to network now whether or not you think you’ve got a stable gig — Market Watch

Un-Luck of the Irish:
As Ireland attempts to recapitalize, investors remain cautious of the country’s banking system, and with good reason — Financial Times

Quick – Short Your Way to Millions: In a down market, it’s tough to make a buck playing the stock market the normal way. Shorting when the market is down is a risky, yet potentially lucrative investing style — Examiner

Still Seeking Retirement Dreams: Older Americans can’t afford a retirement due to the housing market crash and stock market nosedive. What should retirees do when all their options for a comfy retirement have backfired? — WSJ

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