In response to:

Dave Says: Mutual Funds not Appropriate for Car Fund

Forrest12 Wrote: Oct 16, 2012 2:36 PM
May I suggest, a heavy exposure to precious metals , as your drink of choice, with a cash chaser. I think the ratio should be four or five to one with one being the precious metals.This is a good bet with a hedge for inflation.

Dear Dave,

I have some bad marks on my credit report. What’s the best way to handle them?


Dear Patricia,

There can be three types of nasty items on your credit report. There are errors, which shouldn’t be there at all. There are old payments that you paid late, and really, these are just a report of history. Then there are debts that have gone bad. This means you didn’t pay them. If these are the types of items you’re talking about, you’ll have to go back and clean them up. This will mean either making payment in full...