Forget the Stock Market. Worry About Jobs

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This blog is really nice and informative.

We think your visitors will like this posting.

Is the news something you can actually act on? Are prices going down as quick as they go up?

It’s the story of the tortoise and the rabbit. At the heart of things, we would all love to be the rabbit. But as quick as the price goes up, it can go back down. However, with the slow and steady method, you follow a well researched investment plan. Sure, it’s not flashy, but the chances of you making money in the long run are MUCH higher, and because you’ve diversified your portfolio, you also reduce your chances of losing your money to a particular bad event.

So, while a stock tip MAY make you money, it may lose you money. But more millionaires are made the slow and steady way than are made with a single tip. So, go the proven way and follow your investment plan.

BSE tips of 12:58AM November 07, 2008

While many of my friends are losing their jobs, my business is up 60% this year. I design and sell funeral urns and life celebration products www.nextgenmemorials.com. My portfolio is down dramatically but at least I'm not waiting for the pink slip or in the unemployment lines. Look for jobs and industries that will be needed 10 years from now no matter what happens.Think for example Health Care, serving the elderly - baby boomers are only going to get older and then we will all die and hopefully end up in my beautiful products ( :

Mary in SF of CA 1:12PM October 29, 2008

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windsor exports of IN 1:33AM October 22, 2008

Can some one give advises?

Buying Stocks 1:17AM October 21, 2008

Many folks are worried about losing theyre jobs. I know, I'm in the mix. Business everywhere is slowing. One of the worst duties of an employer, letting someone go. When business worries, employees really worry.

I guess you could say when business sneezes employment caches a cold, or worse.

Anyone who is in business should know that if they managed the way the govt. does, it wouldnt take long to be out of business.

It might help if we could print our own money!

calvin mast of CA 12:16AM October 21, 2008

To Ajay, Julia, Scott et. al

The H1-B program has been BRUTALY abused by companies period. The intent of this program specifically states for 'highly specialized skills'not fulfilled by the 'local' labor force. When you have H1B's infested in 'standard' IT jobs(i.e. system admin, average programing positions, etc.) this is blatant abuse of the program. Agreed, the H1-B program is needed(for those highly skilled, 'innovator') postions. Data analysis from the Center of Immigration Studies shows the Vast majority of h1-b's are NOT innovators, in fact most work near the other end of the spectrum(entry to mid-level. Bottom line, this Abuse equates to the obvious cost savings resulting in Higher Bonuses for management..(the savings is not even fitered through to create more jobs)

Dana of CA 1:08PM October 16, 2008

Read at

Savelongisland.org

D of NV 7:57PM October 13, 2008

I think this is the best that the government should do. Find ways to create jobs.

Have we not observed that when markets are down, government intervenes but when markets are up and crazy government does nothing.

I hope the government will forget the stock market and let this market takes care of itself

When Clinton assumed the presidency, the DOW is about 3,000 then it went up to 14,100+ so why worry. It is again time for the poor to become rich when DOW returns to this point.

My suggestion for the bail out money is to buy these troubled institutions at their "FAIR VALUE", condone the loans of borrowers who have only one home and make them pay slowly.

The excess real estate borrowings should be foreclosed accordingly and use to rehabilitate the banks and other financial institutions which should be placed under receivership.

Thanks.

DANNY PONAY of CA 1:12AM October 11, 2008

I like the article, but the reality is still missed--that is, most Americans are employed in positions that have been devaluated by the "global economy." Yes there have been gains to wages, but those are not gains the bulk have enjoyed. Simply put, which is something that the well-paid pundits of modern economics are to isolated to grasp, is that the broad bulk of the population makes less than 65,000 a year, and have not seen anything less than shrinking buying power if not outright wage regression in a decade. To offset that wage depression in our consumer-based economy people have compensated with a loose credit market, which finally has come to pay the price postponed by grotesque deregulation and "get rich quick schemes" invented by the upper 1%, and now despite the future cost" loopholes invented by the financial sector are beginning to show why it is that capitalists, those who fight national interest with a passion, need oversight to keep their greedy ambitions in check with the population's, governed long-term best interest. The problem that is going to sink the ship is that the average american has been been devalued by the global standard of mass individual currency value, and because of that, on top of the wealth's adversion to investing in the collective interest, there is no value currently existing that can underwrite the cost of straitening this situation out. Simply put, Americans are living have been living in a negative savings rate for a long time, and now the false purchasing power has vanished, and we have an economy entirely dependent on spending for frivilous goods. It is a bad time we are coming into.

l. harris of OK 12:29AM October 11, 2008

for all this financual CORRUPTION! Icahn says its 50 trillion! Enough is enough, our gov't is protecting phony business jobs at the expense to the taxpayer. Rolling the dice and gambling, by putting the national debt to 50 trillion, is the end of our childrens future for a very Long time. sacred govt jobs increasing, while private sector jobs decreasing. keep going down this bailout road and our money will become wothless to the world. CORRUPTION IS STILL TAKING OUR MONEY TO KEEP THE CORRUPTION THE SAME AS MUCH AS POSSIBLE. BAILING OUT THE RICH TO SAVE THE POOR! GET OUTTA HERE ALL OF YA.

ALAN of IA 10:09PM October 10, 2008

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Rick Newman

Rick Newman

The global economy is mysterious, even scary. Chief Business Correspondent Rick Newman connects the dots. In addition to his writing for U.S. News, Rick is the co-author of two books: Firefight: Inside the Battle to Save the Pentagon on 9/11, and Bury Us Upside Down: The Misty Pilots and the Secret Battle for the Ho Chi Minh Trail.


Read Rick's latest blog entries here.

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