It’s the End of the World as We Know it… is Your Bank Fine?
September 22, 2008
As I’m sure you all know, the financial markets took a beating last week. As we wait to see what the government does to “eliminate toxic debt” and how the markets react, it could be another interesting week on Wall Street.
I’ve tried to not write about the events too much, I didn’t want to add to the sweeping frenzy and panic, but here is some coverage of last week’s events from around the blogospere:
– Where to put your money in a bad market @ The Digerati Life
– How the market crisis can help your retirement @ Frugal Dad
– What we can learn from Lehman Brothers bankruptcy @ Lazy Man & Money
– Are people stealing your money @ Brip Blap
– Are money market funds safe @ Suns Financial Diary
– Downside of index investing @ Million Dollar Journey
– Bad time to leave the workforce? @ My Dollar Plan
– Stock market turmoil @ Five Cent Nickel
– Merrill Lynch for sale @ MoneyNing
– Protect your finances from crisis @ Free Money Finance
– Return on investment or earning power @ Mighty Bargain Hunter
– Worried about losing your savings @ No Credit Needed
– Day trading during the crisis @ Blueprint for Financial Prosperity
– Financial meltdown and greed @ My Money Blog
– Will my money be safe @ The Simple Dollar
All posts by Ben Edwards
I may be really wrong here, (and have an unpopular opinion) but I think it’s just a much needed correction.
Things had gotten way out of hand and too far from reality. The prices of
housing had gone totally crazy and way out of line. It needed to come back
to reality.
Hopefully it will all come out in the wash, as they say.
In the meantime, I am continuing life much the same as always,
and not worried. I did make one exception tho, and bought some
more stocks last week – seemed the timing was right!