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What Makes a Saver?

Prairie Eco-Thrifter

Those affected by our recent Great Recession have had the benefits of saving reinforced as well. I also saved – maxing out 401K contributions to build up the retirement funds. As a retiree, I started out as a saver, unsure how the finances were all going to work out (especially since I retired during the last recession).

Making 124
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Should You Invest In A Rising Market?

Prairie Eco-Thrifter

We individual investors have all become market skittish since the recent huge recession and economic downturn. Unfortunately, to move them, I had to cash some the investments out in the 401K, leaving me with quite a few funds to get back into the market. It’s hard for me, emotionally to avoid trying to time the market.

Economy 187
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Seven Retirement Lessons Learned

Prairie Eco-Thrifter

Then the Great Recession hit so I postponed for a few years. In 2010, my company was just preparing to do their first round of recession related layoffs. However, I haven’t learned this lesson too well, as I still have the second plan, which is a 401K. Make sure you have the financial backing to quit your job!