Posts Tagged ‘economic crisis’

We Can Do This…….

Vincent Russo, JD, LLM, CELA | November 28th, 2008

Life seems to just get more challenging for all of us. Who could have predicted the economic crisis that our country is facing today? I am sure that we will all pull together as Americans and get through this crisis but we are in for tough times.

With that in mind, it is important to take steps to ensure that each one of us
 


Know When to Hold, Know When to Fold

Lee Rosenberg, CFP | October 18th, 2008

Capitulation sounds like one of those SAT words you can immediately forget after the test, but with the recent economic crisis, it’s a good time to review the meaning. In financial terms, capitulation is when frightened investors lose faith in the market after a period of losses and decide to jump ship en masse. In other words, unable to stomach any further losses, they collectively sell in a panic and look for safer havens.

 


What is the Financial Forecast?

Lee Rosenberg, CFP | October 8th, 2008

It seems that every day brings another story about rising unemployment, massive layoffs and more business failures. Not surprisingly, when the economic news is this bleak, it doesn’t just affect those who are out of work. The aftermath of this financial crisis has the potential to be an equal opportunity destroyer, just like the recent Hurricane Ike. Everyone is in its path and the key to survival is planning ahead.

Here are a list of topics we will be examining over the next few weeks that can be included in your personal survival kit. Like the all important flashlight, it will shed light and help keep you out of the dark.: