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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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Psychological Tips for Successful Stock Investing

Prairie Eco-Thrifter

At one point it was up to $80 a share and I am optimistic that it will once day again be at those levels. 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. Balance Dividends With Growth.

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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. What caused the 2007-2009 financial crises to be so severe? My point is, computer trading causes often illogical amounts of volatility, and can easily destroy the stability of the modern day financial system.

Computers 189
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Why Use Cash?

Prairie Eco-Thrifter

In 2008-2009 when we had the credit crunch and recession, there was at least one day when stores were not accepting credit. Granted that didn’t act in our favor because we ended up paying, but my point is that we were able to get what was needed so we didn’t go hungry. Cash is almost universally accepted.

Used 180
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How to Handle the Stock Market Roller Coaster Ride?

Prairie Eco-Thrifter

Today (8/10/11), the DOW Industrial Average cascaded down another 500 or so points – the third significant drop in the past week. If you want to read up on that stuff, plenty of it was written in 2008 and 2009. This post was written by Marie. . Are we on our way to an actual depression (as opposed to the Great Recession)?

Recession 176
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7 Steps To Homelessness And What To Do If You Get There

Prairie Eco-Thrifter

Do you ever wonder how someone can sink to the point where they can no longer keep a roof over their head? Here is the story of someone I personally know who is nearing that point. Many people have lost homes since the 2008 downturn, however, a new government program has helped to prevent an enormous increase in homelessness so far.