Prairie Eco-Thrifter

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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. percent in 2009, the U.S. In spite of a 2009 study by Scott I. They asked him what would likely cause us to come out of recession. billion in March.

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A Major Problem with the Modern Day Stock Market

Prairie Eco-Thrifter

What caused the 2007-2009 financial crises to be so severe? But what you do need to know is that there are millions of traders and investors depending on their investment algorithms to tell them what stocks to buy or sell. Now let’s go backwards in time. My answer: computer trading.

Computers 189
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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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Can You Afford a Pet?

Prairie Eco-Thrifter

She’s 8 now (though we suspect that she’s maybe a year or two older – three years old was a guess by the rescue society), and has been a faithful companion and my fiance’s best friend since the spring of 2009. Our second rescue dog joined our family just a year and a half ago, at 10 years young.

Pets 170
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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. Occasionally merchants will discount the price because they don’t have to pay the credit card fees on your purchase. Cash is almost universally accepted. That day the entire credit system nearly collapsed.

Used 180
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Green Stocks for the Socially Conscious

Prairie Eco-Thrifter

According to the cash flow statement, the operating cash flow has steadily increased each year with just a smaller net income in 2009 and 2010. Going back to the investor relations page, I see that the dividends have steadily increased each year. With increasing cash flow and increasing dividends, it seems that they have good cash management.

Green 183
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6 Things I Learned When I Became an Investor

Prairie Eco-Thrifter

At times, it can be stressful to watch the paper value of your holdings disappear (such as in 2008 and 2009), but when the market is soaring, it gets really fun to watch your networth go up! I also learned that my spouse doesn’t do record keeping. The market goes up and down. And sometimes goes down and down.

Money 162