Good Moves in a Bad Economy

There is no disagreement about the sad state of our economy. And, the experts unanimously agree that it will, at some point, bounce back.

The question is, what should we be doing in the meantime? Here are some answers.

1. Meet with your supervisor to determine what new skills would make you more valuable. Then come up with a plan to acquire them.

2. Enroll in an online degree or Online certificate program which will give you the edge over people in your profession against whom you may find yourself competing.

3. Update your resume and cover letter on an ongoing basis. Make minor adjustments in them, as appropriate, whenever you use them.

4. Do not “panic sell” stocks or other good investments if you can afford to hold onto them.

5. Talk with your broker about regular…perhaps monthly…investing. Seek out bargains; they are not hard to find these days.

6. Reduce debt aggressively. Do whatever it takes to pay off all of your debts as quickly as you can.

7. Be a disciplined saver. You should have enough savings on hand to meet your needs for six months.

These simple strategies will not only help you survive tough economic times, they’ll help ensure you a strengthened financial position long after the economy has recovered.

The Lastest posts in Investing

Making The Automated Forex Trading System Work For You
Everybody dreams of making a lot of money with minimal effort. Foreign exchange ...
http://www.bizarticlezone.com/finance/investing/making-the-automated-forex-trading-system-work-for-you-4991/

The Enduring Beauty and Value of Gold Bullion Bars
Gold has long been considered one of those most valuable and coveted forms of mo...
http://www.bizarticlezone.com/finance/investing/the-enduring-beauty-and-value-of-gold-bullion-bars-4958/

Automated Forex Trading Software - What You Need to Know Before Using It
The automated Forex trading software is designed to give assistance to stock mar...
http://www.bizarticlezone.com/finance/investing/automated-forex-trading-software-what-you-need-to-know-before-using-it-4911/

Foreclosures & Pre-foreclosures - Advantages and Disadvantages
Everyone is aware of the current real estate crisis and increased foreclosures g...
http://www.bizarticlezone.com/finance/investing/foreclosures-pre-foreclosures-advantages-and-disadvantages-4784/

How To Learn About 1031 Exchange Property
The decision to utilize the benefits of a 1031 Exchange can be determined with t...
http://www.bizarticlezone.com/finance/how-to-learn-about-1031-exchange-property-4763/

Good Strategies in Bad Times
There is no doubt about it; our economy is at a thirty year low. Luckily, virtua...
http://www.bizarticlezone.com/finance/investing/good-strategies-in-bad-times-4686/

Today's Mortgage Refinance for 2009
When looking at Mortgage Refinance there are quite a few details to which you wi...
http://www.bizarticlezone.com/finance/mortgage/todays-mortgage-refinance-for-2009-4682/

Do Automatic Forex Traders Really Work?
With over 3 trillion dollars transacted on a daily basis, currency trading is on...
http://www.bizarticlezone.com/finance/investing/do-automatic-forex-traders-really-work-4641/

How Free Foreclosure Lists Help in Buying Foreclosed Homes
Many individuals and couples search for a home but one of the main constraints t...
http://www.bizarticlezone.com/finance/real-estate/how-free-foreclosure-lists-help-in-buying-foreclosed-homes-4602/

This Simple Forex Strategy Is Amazingly Profitable
Are you new to trading, seeking out a reliable Forex strategy?...
http://www.bizarticlezone.com/finance/currency-trading/this-simple-forex-strategy-is-amazingly-profitable-4550/