Economy

All about the economy.

Why You Need To Stick With Diversified Investments and Income Sources

Here’s a cautionary tale that will encourage you to stay with diversified investments and spur you to work on various income sources. It’s hard to imagine how anyone can lose 97% of their net worth in one fell swoop. But it happened to this guy, a Madoff scam victim. He had $4 million dollars at …

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Our Mortgage Bailout and Rescue: Obama’s Homeowner Affordability and Stability Plan

What do you think of Obama’s foreclosure bailout plan? Should there be help for homeowners? According to our government, here’s one more way of solving the U.S. financial crisis. The Mortgage Bailout and Rescue Rubs Some People The Wrong Way An interesting debate erupted (yes, just like a volcano) between CNBC’s vociferous Rick Santelli and …

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The Latest Rescue Package: Bailing Out Homeowners

This week, we’re seeing a lot of stuff being unveiled by President Obama’s administration, from the stimulus package details to a new mortgage bailout plan. That’s a lot of taxpayer money going out to pay for big rescue packages. I have been wondering what long-term effect this will have on all of us. Will this …

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Consumer Confidence Index: Any Signs Of Economic Recovery?

When will the consumer confidence index show us signs of an economic recovery? The generally negative news in the financial markets has a hidden silver lining, just as the buoyant and overoptimistic news of the stretch between 2002 and 2006 concealed the impending crash. It is not a matter of wishful thinking, but a view …

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No Job Layoffs! Best Companies That Avoid Corporate Downsizing

Wouldn’t you want to work at a company that avoids corporate downsizing, has no job layoffs and that highly values its employees? Well, believe it or not, such companies do exist! Got laid off? How about considering working at a company which values job security? Here’s a short list of such companies from Yahoo Finance. …

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A Personal Financial Plan To Survive The Economic Recession

Survive a recession by preparing a personal financial plan! Try our 8 step financial survival plan. The present economic and financial crisis is similar to what Mother Nature does to animals; it tests them to cull the weakest and reward the strongest. Special skills are great, but only if these skills can adapt to new …

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Help, I’m Unemployed! What If My Unemployment Checks Run Out?

During this recession, more people than ever are needing extra assistance. Here are some resources for those in need. Got laid off? Here’s are some questions that many people who have lost their jobs are asking these days: I’m unemployed and need help. What happens if my unemployment checks run out and I still can’t …

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Will The Obama Economic Stimulus Check and 2009 Stimulus Plan Save The Economy?

Your 2009 economic stimulus check will come in the form of a tax cut, not a physical check. How will Obama’s stimulus plan work to save our economy? President Obama has taken on the economy as his first large scale concern as our newly elected president. Like most large scale government legislations, the economic stimulus …

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