On March 9^th, the Dow (as well as all the other economic indicators) seemed to hit rock bottom. We had dropped from a high of around 14,000 to a low of just over 6500 in about a year and a half. We hit what may be the bottom and bounced. Over the next month, the market seemed to surge, gaining about 1500 points. Things were looking good for the first time in months. Now things are leveling off and we all want to know “when will this rollercoaster ride end?”

I can’t tell the future but I do know that we have to plan for the uncertainties that it may bring. The last year (including my own experience with Hurricane Ike), has really made me appreciate the value of an emergency fund. If you don’t have one, you should start saving for one today. If you don’t know how or don’t have a financial plan, we can help you develop one for free. http://www.FastFinancialAnalysis.com for free online financial planning.

This entry was posted on Thursday, April 23rd, 2009 at 9:41 am and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.