Archive for August, 2011

Financial Markets: What Is To Come

Posted on August 31st, 2011

Recently the stock market has been seeing its worst days in the past few years. So, what should investors do, if they do not want to lose big, yet they are not ready to pull out of the market, with the hopes that things are going to turn around. If you are already in the market, and your stocks have not plummetted too low, stay in, but be watchful. If you are not in the market, wait a while before you consider buying Read the rest of this entry »

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Being Financially Savy In A Recession

Posted on August 30th, 2011

Making smart financial decisions is important at anytime, but it-s even more important in a recession. Here are a few suggestions that might help.

First, sit down with a pen and paper or a laptop. List all of your absolutely necessary monthly expenses, such as your mortgage, utilities and food. You should have enough money put aside in a money market or savings account to pay these expenses for six months. If you don-t, you need to start saving immediately toward that goal. Read the rest of this entry »

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