Steve McDonald

Bernie Madoff recently spoke to MarketWatch and had some interesting advice for the SEC and the small investor. A lot of what he had to say, most people have heard before, but some of it is great, new advice.

The incredibly low interest rate environment the Fed provided has resulted in a rush to REITs to capitalize on their higher yields, but it may be time to take profits and look for better returns elsewhere.

All the doomsday predictions about a sell-off in the bond market exclude one fact: Hold your bonds to maturity and you don't lose any money.

Investors may think cash is safe, but it's really a losing position. You pay tax on any interest, plus there's inflation. Stocks are risky, but they're not a guaranteed loss.