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Home > January 2009

January 2009

February 3rd, 2009 at 06:06 am

Cash & Savings: $58,500(10.36%)
Foreign Currency: $29,427 (-0.39%)
US Brokerage: $66,551 (-2.49%)
Overseas Brokerage: $25,556 (11.84%)
401(k): $25,532 (-3.57%)
IRA: $54,576 (-6.72%)
Roth IRA: $13,947 (7.36%)
Total Assets: $274,089 (0.91%)

January proved that whatever happened in December is just a little blurp over a long period of decline that history will
confirm.

What can we as an average Joe/Jane do to survive this multi-year long recession? Hold cash as close to your chest as possible? Find a second job or do something else that can generate a second income? Keep contributing to your retirement plan as usual and hope that one day everything will work out some how?

2 Responses to “January 2009”

  1. whitestripe Says:
    1233656792

    i think its a time to live carefully. i want to say frugal, but being super-frugal wouldn't really help the economy. if people are careful, most can still do the things they want. they just have to re-evaluate whats important, and make some sacrifices. most people on this site know that already, but its up to the rest of the world to follow on. Big Grin

  2. gamecock43 Says:
    1233686519

    "What can we as an average Joe/Jane do to survive this multi-year long recession?"
    Hold out hope it's halfway over. That's what I'm doing.

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