Invest Young!

Nation’s Retailers!

Last month was the worst for our nation’s retailers. The month of October had the lowest in sales in almost 40 years. I can honestly say that I’m scared of what is happening around me, as is the rest of America. We’re holding on to what money we have left for the basics to live. And times for our nations retailers are only going to get worst come this holiday season. Our retailers are going to have to discount a lot of their product in order to get us out shopping. Right now there are a few huge retailers liquidating because of the economy. One of those huge retailers is Linens ‘N Things being forced to liquidate. And there will be many other’s forced to take the same path if this holiday season doesn’t pickup for them. Anyway, there are a few doing ok, one being Wal-Mart Stores Inc. And that’s only because they offer a lot of the basic needs products at discounted prices. With the start of the holiday season starting in a few weeks keep your eyes open for those deep discounts.

Find The Right Account!

I came across a site today that will compare savings accounts for you. They offer this service to help you compare online banking services. It seems that their main goal is to help you find the best banking products, such as checking, savings, and retirement accounts. They have this really neat search tool you can use. You just simply slide a bar to where you want it, select your state and hit search. The site is really user friendly, check it for yourself.

Wall Street And Politics!

I was just reading an article on Yahoo about does it matter who the next President of the United States will be. And for the most part in this article it states that it really doesn’t matter. If you really think about it, how far can the stock market really go down? With everything the Fed is doing right now the chances are we will see a recovery in 2009. Although Wall Street does likes Republican leaders, Demarcates feel stocks do better when they’re in office. Whoever becomes our next President I sure they will get all the credit for the turn around in Wall Street. After all, isn’t that what the President does, takes credit for everything good and passes the blame to others when things go bad.

Stabilization In Global Markets!

If you didn’t already know this, U.S. stocks posted their best week in 34 years. This week seemed to have more ups than downs. And not just here in American, but around the world. It seems that the world markets are showing signs of stabilization. But don’t pack your luggage yet and take that huge family trip. There are still a lot of signs out there that are pointing to harder times and with a chance of a recession. We just had a really bad quarter that showed we’re in a shrinking economy. If we have an another quarter like the last one the country will be considered in a recession. And there’s a good chance it could go global. We as American need to get back to our spending habits. I don’t mean go crazing and charge things you can’t afford, just don’t hoard it. Make the right choice, and only buy things you can afford.

Cautious Trading!

How will Wall Street end today? That’s the biggest question flying around right now. This month as been one of the worst on record. A matter of fact this last quarter has been one of the worst as well. By ending this one on a high note could bring fair results for the next few months. Right now Americans have very little to no confidence in Wall Street or the U.S. Government. I sure have no confidence in the Wall Street or the U.S. Government. The main reason I feel this way is because of the shrinking economy and my investment portfolio is in the trash. And yes I know I’m not alone, we’re all in the same boat. Hopefully things will break and turn for the better, which’s what I’m hoping for.