The job market has room for improvement,
in fact, a lot of improvement.
The war was supposed to stimulate the economy; instead it
has proven to be a major cost to the U.S. economy, in more
ways than financial.
The stock market continues to hold up and
gradually increase from time to time.
Retirement account values are increasing,
that is 401k's, 403b's, IRA's, SEP IRA's and more! This is
the good news in 2005.
Were you one who decided to sell your retirement account
assets when the stock market tanked? I talked to many who
did. Were you one who decided to relinquish your rights to
a retirement account altogether, after often-reported corporate
fraud caused thousands to lose their hard earned money?
Well, just as I predicted, the stock market is recovering,
slowly albeit, but it is recovering. But, I for one was not
to be impeded by the downturn in the stock market and the
corporate fraud scandals. During the height of the stock
market lows, I used the concepts in my book, (chapter 5,
Become Mutual Fund Savvy), to research from over one hundred
mutual funds. I choose two, and using the dollar cost averaging
technique I discuss in my book, my two funds increased by
four times the actual dollar amount I invested in just one
year ago. Of course, it helped to purchase them at the bottom
of the market, but this still shows you what can happen,
with the right due diligence.
Lois Center-Shabazz is the founder of MsFinancialSavvy.com
and author of the 3-time award-winning personal finance book,
Let's Get Financial Savvy! ISBN #0971979502.
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