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How to Handle the Stock Market Roller Coaster Ride?

Prairie Eco-Thrifter

Are we on our way to an actual depression (as opposed to the Great Recession)? If you want to read up on that stuff, plenty of it was written in 2008 and 2009. I may replenish our supply of fuel oil, matches, candles, lamp oil and wicks. Am I just weird or do some of you also react that way? Here are a few links.

Recession 176
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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. percent in 2009, the U.S. In spite of a 2009 study by Scott I.

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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. If you didn’t have cash to spend that day, you may well have been stranded out of gas. Gas stations, some hotels, some restaurants are examples of places you might negotiate a cash discount.

Used 180
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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. It may or may not turn out that way. I’d rather buy stocks at a lower price and sell them at a higher one if I can. It’s hard for me, emotionally to avoid trying to time the market. So, who do you believe?

Economy 187
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Things to Consider Before Investing in Real Estate

Prairie Eco-Thrifter

What I mean by that is that a house’s value on this side of the street may be totally different than a house on that side of the street. A big problem that banks faced in 2009 is that no one wanted to buy the foreclosed homes they had on their hands, so technically, the value of those homes was $0. So he is forced to foreclose.

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Why Save Money in a Low Interest Rate Environment?

Prairie Eco-Thrifter

Although we think of the Great Recession starting in early 2009, it wasn’t until 2013 that the 5 year CD interest rate fell below 1% – and has stayed there ever since according to Bank Rates interest survey data. Of course, depending on what we buy, we may experience some buyers remorse.

Money 124