President Harry S. Truman once said; “Recession is when a neighbor loses his job. Depression is when you lose yours.” While you may not have lost your job, more than likely, there’s a good chance you have lost a lot of money in your portfolio and are probably wondering what to do. It doesn’t matter [...]
Posts Tagged as ‘recession’
March 9, 2009
When Buy and Hold Fails: From Scrambled Nest Eggs to Starting Over Easy
Perhaps buying and holding as an investment strategy isn’t feeling so good lately. Perhaps you’ve heard, eggs do have lots of cholesterol and eating too many of them can be bad for your heart. If you are one of those who have been relying solely on the conventional wisdom that buying and holding will turn [...]
March 2, 2009
Nonprofit Recession Survival Guide to Getting Donations
First the markets, then Madoff, now the Obama administration is proposing reductions in the charitable tax deduction for your biggest donors. What else could possibly go wrong? Oh yeah, I forgot to mention the snow day and nobody came to work. One thing is for certain; raising funds in the current environment is much more [...]
