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Your Diploma Guarantees You Nothing

Prairie Eco-Thrifter

You might have your diploma, but you may still have to work at McDonalds for a while longer… if you’re not prepared. I graduated from college in 2008 with a degree in Finance. Do you remember 2008? My friend found work in Boynton Beach, Florida and asked me if I’d go with him – I could search for jobs once I was there.

College 174
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Should You Consider Investing Your Money?

Prairie Eco-Thrifter

GDP fell by 25% and markets crashed far more than they did in 2008. This to me is proof that capitalism works and can withstand any kind of collapse. 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.

Money 186
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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. She looked and looked for new work in her field, but just couldn’t land any of the few openings around. He was retired and unable to resume work.

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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. I wouldn’t say a dividend-paying stock is a low-risk investment because there were dividend-paying stocks that lost 20 percent or 30 percent in 2008,” Wacek says.

April 52
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Frugal housing.

Finally Frugal

Last week, I was dithering about whether to pay down my second mortgage early, or start working on my student loan. 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!

Frugal 45
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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. In today’s economy there is renewed focus on getting good dividend producing stocks. Don’t Trust The Majority Opinion.