Tag: economy

The financial storm will pass

October 13, 2008 | 3 comments

With the stock market crisis encircling the globe, millions of investors are worried about their financial future. Hopes for funded retirements have vaporized, savings for college education have dwindled, and now pensions are in doubt. What disaster will come next?

Managing debt

October 9, 2008 | 4 comments

My wife shared an interesting observation with me yesterday. She had been listening to a piece on the radio about how to manage debt. People were talking about the misery debt had brought into their lives, how they were burdened

Retaining value

October 8, 2008 | 4 comments

People’s jaws are dropping and leaving them gasping for air as they watch their stock portfolio’s decline in value faster than a lead weight falling through the sky. These are heady times, to say the least, for those who measure

The ultimate investment

October 2, 2008 | 4 comments

People are worried about their investments. Many are watching the value of their portfolio drop day after day by huge amounts, and they don’t know what to do about it. Sell everything? Bail out of the market? Wait? Suffer more?

Conquering fear of a credit squeeze

October 1, 2008 | 3 comments

Many of the economic fears coming out of Washington DC right now circulate around concern about a credit freeze locking up funds around the world. Banks don’t trust one another, and are refusing to lend money. They’ve locked their lending