Is anyone else getting tired of the stock market roller coaster? It goes up, it goes down. I’m resigned to the fact that My 401(k) was set back some and won’t look like it used to for a while. The silver lining is I’ll be buying cheaper stocks. I think if you have a long-term timeframe then now could be a good time to buy. But I’m no professional. If you didn’t see it I wrote a drief description of what the Dow is in case you weren’t sure.
Also, I participated in Blog Action Day this week. This year’s focus is poverty. Check out my articles on the causes of poverty as well as many other articles from Blog Action Day. Do what you can to help out!
I found out about a new social media site called Tip’d. It’s another site that’s similar to Digg but concentrates on financial articles including personal finance, economics, and stocks. I was a bit skeptical on joining another rating site but I’ve found the articles are great and it already has a very active community. Look me up if you sign up: freefrombroke. Add me as a friend! Oh there’s also a Tip’d button at the bottom of my posts now. Feel free to tip up the articles!
Carnivals I participated in:
Greener Pastures hosted the Carnival of Personal Finance #174 the Columbus Day Edition.
Aridni hosted the Festival of Frugality #146.
Where You Are Now hosted the Money Hacks Carnival #34 – Fall Into Savings.
On The Horizon hosted the Carnival of Family Life.
All around the web:
Whole Foods has a $5 coupon when you spend $25. Hurry up ’cause it expires 10/22!
There’s a great explanation of the current financial crisis at Freakonomics.
Times are tough but My Super Charged Life says to stop whining and frugal up your finances! Amen!
One Caveman’s Financial Journey warns us that one great day on Wall Street doesn’t mean the economy is good all of a sudden.
Milk Your Money tells us to treat our personal finances like a business.
Bible Money Matters shows us 7 things we shouldn’t do in an economic crisis.
Cash Money Life show us the difference between dollar cost averaging and value averaging.
MiB Smarter Money ponders his job and his place in the corporate world.
Do you think Obama’s economic plan is solid? Check out what it is at Prime Time Money.
Sense To Save tells us what she’s buying before her baby is born.
Remodeling This Life tells us about her life downsized.
Check out these tips for buying a house in any market condition over at Consumerism Commentary.
Until next time – Read, Learn, and Enjoy!
Sign up with ING Direct and get a $25 bonus
photo credit: mellomango
{ 5 comments… read them below or add one }
I added you as a friend on Tip’d. Thanks for the mention!
@ Patrick – Thanks and no problem!
Great article, fell free to post articles like this at Business Investing Articles. It has been a roller coaster, hopefully it will calm down soon.
great article on the causes of poverty. keep up the good work!
Issac
I am glad you mentioned about buying stock with “long-term goals” in mind. I do believe quite a few companies’ stock are at a bargain price, but only if you are willing to keep them for at least a few years. The last thing we need is day trading type of behavior further contributing to the volatility of the market.
And thanks for the tip on Tip’d! I’ll definitely check it out.
{ 2 trackbacks }