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Friday, August 28, 2009

Still afraid of the ecomomic downturn?Watch this..

Was able to see this video link from a professional marketing website I spotted at Jomar Hilario's free stuff for his birthday.

To check out the video click here.

Insights on the video:

On Stock portfolio: Your stock prices today are different from 10 or 20 years from
now. So don't pull out your money in the market when your
objective in investing in the stock market is longterm.

On Small Business: Check spending and overhead. Differentiate between necessary &
discretionary.Always set aside reserved funds on good days so
that you have emergency funds on bad days.It is always a good
time to obtain a line of credit when you have good financial
standing, don't wait until your business is in bad shape and
apply line of credit

Getting involved: It doesn't mean that even though you are in good financial
health during these crisis you shouldn't care; most likely you
will be affected directly or indirectly don't get slack.

Getting Loan: Always consider your financial capabilities before getting one

Retirement: For the younger ones this is the best time to start investing
for your retirement because it is on sale; for the ones that are
near their retirement within the next 5 years or so they need to
make necessary adjustment to to fight off inflation and further

Click here to read more!