FundAdvice.com
12-30-2008, 12:50 PM
<b>FundAdvice.com</b> - Mutual funds, retirement, money management and more...
Almost all investors will be glad that 2008 is coming to a close.
The bad news is well known.
• The combination of too much leverage and excessive speculation in
the financial and housing sectors has depressed global asset prices
more than any time since the Great Depression.
• Several major financial institutions couldn’t survive; for others,
including the Big Three U.S. automobile manufacturers, the future is
uncertain.
• The country is in the midst of tough recession which began in December 2007.
• Worries are widespread concerning retirement, jobs, housing and the long-term economic health of the nation.
And yet, even in these hard times, there are good reasons to be hopeful.
complete story here... (http://www.fundadvice.com/articles/psychological-hurdles/an-unpleasant-year-bites-the-dust.html)
Almost all investors will be glad that 2008 is coming to a close.
The bad news is well known.
• The combination of too much leverage and excessive speculation in
the financial and housing sectors has depressed global asset prices
more than any time since the Great Depression.
• Several major financial institutions couldn’t survive; for others,
including the Big Three U.S. automobile manufacturers, the future is
uncertain.
• The country is in the midst of tough recession which began in December 2007.
• Worries are widespread concerning retirement, jobs, housing and the long-term economic health of the nation.
And yet, even in these hard times, there are good reasons to be hopeful.
complete story here... (http://www.fundadvice.com/articles/psychological-hurdles/an-unpleasant-year-bites-the-dust.html)