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Mar 2, 2009

On FBN: Bach gives advice to average American investor

David Bach, the author of Fight for Your Money, was on the FOX Business Network to offer some advice to the average American. Bach has two major rules for investing in this economy: keep your money in America and don't buy anything that is not liquid. Bach cited cases of Americans buying certificates of deposit in exotic nations to get a better rate. While he said the ultra-rich may be doing this and flocking to Switzerland to protect their assets and dodge taxes, average investors have to resist the urge to follow suit. 

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