Results From The Big Crash

I know that this story is already losing its steam, but I think I will put in my two cents before the NASDAQ balances out. The stock market fell a good amount and everyone is freaking out about their stock holdings. What should you do if you own stock? Absolutely nothing. The market’s been going up steadily since September 17, 2001 and it was time for some self-regulation. Think of the stock market hiccup as a great time to purchase some stock from some good companies. Just look at it as a huge market SALE. Everything must go! Investors start your engines!

Now if you are too much of a little girly man to purchase in time of such volatility, I would highly recommend some spring cleaning in your personal financial life. Think about some issues you’ve been having and correct them. Are you in some debt that could be cleared up? Any repairs around the house you’ve been postponing? This is a great time to fix up any loose ends with the extra money you aren’t investing.

I am currently saving extra money for my cruise on Thursday, which is another type of investment you should think about. If you are planning a trip, consider saving for it before it’s too late. Start using your online savings account again and automatically draft monthly amounts to your savings. You’ll get some interest and you don’t have to worry about coming up with the money after the trip’s bill comes in the mail. Doesn’t it suck when you receive a huge bill from the bar and you don’t remember what it’s for?

TrackBack URI

No comments yet. Be the first.

Leave a reply

Advertise Here

Advertise on eFIPO.com!

Voice of eFIPO

View RSS XML
Financial Web - The Independent Financial Portal
Learn to assess Bad-Credit Credit Cards and Low-Interest Personal Loans to get the best deal. Find FOREX Trading information for your investment needs, and Mortgage Calculators for every situation. All at Financial Web.

Archives

January 2009
M T W T F S S
« Jun    
 1234
567891011
12131415161718
19202122232425
262728293031  
  • All About Stocks

  • Finance Friends

  • Great Websites

  • Politics

  • Associate Links

    Now there is a new method of online money transfer that is simpler, more secure and less expensive than traditional wire transfers .
    Debt Management - ClearDebt offer debt solutions throughout the UK including IVA, debt management and debt management plans.
    Cheap Car Insurance - Autonet provide a range of insurance products throughout the UK, we provide free online quotes for all your insurance needs.
    money troubles - Reduce Your Interest and Consolidate Debt
  • Subscribe to eFIPO


    XML
    Subscribe
    Add to My Yahoo!
    Subscribe with Bloglines
    Subscribe in NewsGator Online

    Add to My AOL
    Kinja Digest
    Blogarithm
    Eskobo
    gritwire
    Add to Technorati Favorites!

    BlogBurst.com

    pfblogs.org logo


    pfblogs.com - personal finance blog aggregator


    Carnival of Personal Finance Blogarama - The Blog Directory

    Linking Options

    Link up with eFIPO.com! If you have a personal finance or political blog and would like to be listed on this site, please follow these instructions