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Should You Consider Investing Your Money?

Prairie Eco-Thrifter

Should I still risk my money? GDP fell by 25% and markets crashed far more than they did in 2008. In my view there is likely to be a lot of pain in the global economy which is weighed down by huge amounts of debt at personal, business and government levels. This means our money is actually going down by over 1% per year.

Money 186
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5 Economic Assumptions We (still) Make That Won’t Always Be True

Prairie Eco-Thrifter

Money And Currency Will Always Be Able To Flow Freely Worldwide. 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. All that extra money is eventually going to cause inflation, in my opinion.

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10 Best Low-Risk Investments In April 2024

Savings Corner

Even as inflation comes down and the Federal Reserve’s tightening cycle looks like it’s about to end , the economy still faces the risk of a recession. High-yield savings accounts While not technically an investment, savings accounts offer a modest return on your money.

April 52
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What’s the Most Energy Efficient Form of Transportation

Prairie Eco-Thrifter

However he kindly reminds everyone that reducing your driving is the best way to save money on gas, as well as save the environment! But due to the improving economy and chaos in the Middle East, the price of oil is quickly climbing back up. Will the summer of 2011 be a repeat of 2008?

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Stay the Course Financially

Prairie Eco-Thrifter

When the Great Recession began in 2008/2009, my boss at the time (a Vice President of the company) and her spouse consulted their financial adviser to see what they should do. History has shown us, though, that good times, easy money and easy credit can quickly change us into spenders. ” The easy money effect.

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How to Handle the Stock Market Roller Coaster Ride?

Prairie Eco-Thrifter

If you want to read up on that stuff, plenty of it was written in 2008 and 2009. Here are some of the actions I could take during this downturn in the economy to benefit the long term growth of our future family members: Set up a family investment partnership or company, fund it and help the grown kids invest it’s assets.

Recession 176
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Frugal housing.

Finally Frugal

I was questioning whether, with the sad state of the real estate market, throwing money at my second mortgage was really the intelligent thing to do, since I don't know whether I'll ever get that money back (I'm thinking not). I got some really good (and thought provoking) comments on that blog post.

Frugal 45