Savings Corner

APRIL 4, 2024

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. Most accounts are government-insured up to $250,000 per account type per bank, so you’ll be compensated even if the financial institution fails.

April 52

April Lowes CD Bank 52

Prairie Eco-Thrifter

AUGUST 17, 2011

Are we on our way to an actual depression (as opposed to the Great Recession)? I will go to the bank and stockpile some cash. Write a book about our experiences during the Great Recession and this aftermath of it and offer it for sale. Why Not Do Both? In the end, I will do a bit of both. Most likely that is as far as I will go.

Recession 176

Recession Economical Grandchildren Kids and Family 176

Prairie Eco-Thrifter

APRIL 30, 2013

We individual investors have all become market skittish since the recent huge recession and economic downturn. Is the economy really recovering or will our jobs (assuming we have one) once again disappear? It’s hard for me, emotionally to avoid trying to time the market. So, who do you believe? Will the bull market end?

Economy 187

Economy Money Recession Real Estate 187

Prairie Eco-Thrifter

MAY 26, 2016

Both are now old enough to open a bank savings account. I would go into the bank with my stubby little hands clutching my months worth of allowance (total of $1), deposit it and see the results right off printed in my book. Financial moves in a low interest rate economy. Back then I had a passbook. ” (italics are mine).

Money 124

Money Saving Money Lowes Grandchildren 124

Prairie Eco-Thrifter

MARCH 8, 2017

Some asset types do better during inflationary years, some do better in recessions. Automatic payroll transfers to your bank or financial institution make this very easy. Spread your investments out over different kinds of products, to increase chances that overall, your net worth will grow, even when parts of it go down.

Finance 133

Finance Growing Flowers and Plants Gardening 133

Savings Corner

DECEMBER 25, 2023

Economic recessions can also make high-yielding personal loans a more likely candidate for default, too, so these loans may go bad at higher than historical rates when the economy worsens. Risk: As long as your bank is backed by the FDIC and within limits, your principal is safe.

Money 52

Money Making Real Estate Rent 52