Today’s economy and YOUR money – what you should know

The recent (near) meltdown in the world’s financial markets have stirred up feelings of uncertainty and quite a great deal of panic.  It is difficult to connect what is happening at the macro level where the gods play to the micro level where we ants scurry.  What is important is to distill the noise down to the bare minimum:  a job which Ramit Sethi did so well (albeit a bit abruptly):

Key takeaway points:  Worry about the REAL risk.  Worry about not saving enough,  overspending on fluff, and not properly diversifying assets.  Don’t place ALL your bets on one “sure” thing.  If it’s only one,  then it definitely is not “sure”.

Now before you panic and unload all your equity investments because of fears the market will tank further,  ask yourself the ff:

1.  Why do you really want to sell?
2.  When do you need the money?

=======================================
Motherhood has a very humanizing effect. Everything gets reduced to essentials. ~Meryl Streep

Subscribe to my feed or subscribe via email to get notified of my next post.

Advertisements

Coffee Talk Series: Be Financially Empowered

The current turmoil in the financial markets has more and more people thinking about their financial future.  Suddenly,  what seemed safe ground seems to be quick sand.  The “sure” thing is now uncertain.  Compound this with problems such as paying our regular bills and you realize the increasing importance to making (and keeping) a budget sufficient to satisfy future needs. 

On Sept 20,  attend a wealth management forum with Financial Columnist Karen Galarpe hosted by Mom Exchange and Alveo Verdana Homes.

Date: Saturday, September 20
Time: 9:00 AM to 11:00 AM
Where: Coffee Bean Tea Leaf Greenbelt 3

Please RSVP to Geisler Maclang at 812-8828 or 812-9919 if you would like to attend. Here is the invitation.

=======================================
Motherhood has a very humanizing effect. Everything gets reduced to essentials. ~Meryl Streep

Subscribe to my feed or subscribe via email to get notified of my next post.