Prairie Eco-Thrifter

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5 Economic Assumptions We (still) Make That Won’t Always Be True

Prairie Eco-Thrifter

Hmmmm, in 2008 one of the biggest fears was that credit markets would dry up causing massive restrictions in banks lending to one another and therefore massive refusals to lend money to us. Ahem… , we all saw real estate fall in 2008, 2009 and 2010 – but do you believe that it is now on the rebound?

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Your Diploma Guarantees You Nothing

Prairie Eco-Thrifter

I graduated from college in 2008 with a degree in Finance. Do you remember 2008? I had a mindset that I could just cruise through school, grab that diploma, and enter into my field of choice. After all, I was sharp and most employers should be able to recognize my talents, right?

College 174
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Psychological Tips for Successful Stock Investing

Prairie Eco-Thrifter

Don’t we all wish we had kept a closer eye on the events prior to 2008 and 2009 and sold our positions prior to that! I confess to being an amateur on this after the 2008 crash. Keep track of news and trends and think through how those might affect your investments (current and future). Don’t Trust The Majority Opinion.

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How is Your Vacation Rental Doing?

Prairie Eco-Thrifter

We planned our purchase in the heady days just prior to the recession of 2008/2009. We planned to rent out the property and thought it would rent quite a few days of the year. Property value appreciation. Property values had risen considerably in our married lifetime and we thought they would continue to do so. Gather the family.

Vacation 124
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US Presidents and Personal Finance

Prairie Eco-Thrifter

It matches current salary amounts of Executive Level 1 Personnel (like cabinet members), which according to a CRS Report for Congress was $191,300 as of 2008. Of course, there is that Presidential pension we now bestow on men (and hopefully someday women) who held the office.

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The Danger In Assuming

Prairie Eco-Thrifter

Unfortunately the recession of 2008 was not an isolated incident. Let’s just flash back to six years ago to the burst of the housing bubble, massive unemployment, and the tumble of the stock market to crush this assumption. Fluctuations and devaluations have happened before and they’ll undoubtedly happen again.

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A Major Problem with the Modern Day Stock Market

Prairie Eco-Thrifter

Investors should have learned this from the stock market crash in 2008, that there is a major flow in the modern stock markets. He gives out different scenarios, and then explains how to invest in those scenarios, such as How to Invest in a Panic. That flaw lies in computer algorithms and trading.

Computers 189