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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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What’s the Most Energy Efficient Form of Transportation

Prairie Eco-Thrifter

Due to the recent high gas prices, he has been focused on researching gas credit card offers, most recently writing reviews of the 76 credit card and the Chase BP gas card. During the “great recession” when oil prices dipped, fuel efficiency took a backseat to other issues. Will the summer of 2011 be a repeat of 2008?

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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. So the bond helps protect your investment against the ravages of increasing prices. With high inflation levels, the bond is paying out a sizable yield.

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How to Handle the Stock Market Roller Coaster Ride?

Prairie Eco-Thrifter

Even if you aren’t invested in the market, you wonder if this will ripple down to you in the form of more job losses, higher prices, inflation, benefit reductions and belt cinching. If you want to read up on that stuff, plenty of it was written in 2008 and 2009. What Should You Do In a Market Downturn? Here are a few links.

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Frugal housing.

Finally Frugal

That comment made me think about all of the news articles written by supposed 'experts' who predicted that we had (or would) hit bottom in 2008, or 2009, or 2010, or even 2011! It seems that those of us in the trenches (like my commenter) may have more insight than the experts! What does this all mean?

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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. They asked him what would likely cause us to come out of recession.

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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. It doesn’t do much good to get a great dividend yield if your stock price dives. Situations and economies change (as we all well know now).