Blooms in a bad economy

The economic climate has changed because of problems with the mortgage industry and rising global fuel and food prices.

We are all very cautious and always looking for ways to survive, here are some:

• Do not panic. How to behave in the stock market defies the laws of gravity. Not an hour before and another sharp decline. Experts recommend that, while the withdrawal of funds more harm than good. Cash, ifreally necessary in the short term. Being constantly reminded that history come and go bad. After some time back on the market.

• Protect your portfolio. If you put the eggs in the basket to ensure that no break. It is also the basic rule for investment. For example, financial experts suggest that you check your portfolio once a year, and what are the balances. Make some changes so that your assets distributed through different channels. TheThe volatility is an indicator that people should be diversified in their investments. Factors such as age and risk tolerance that should influence the long term. Remember that the current state of the economy only temporarily. Young people can take more risks in terms of investment, while the older generation should take less investment risk in order to ensure cash flow better.

• Both are trapped by a mortgage. The subprime disaster has affected the whole economy. Ownershould consider voting variable mortgage, obtain a loan in order to avoid long-term fixed income voracious adjustments occur. Get a refinancing of today is not easy. The creditors have taken measures to guarantee the work, and by higher interest rates and stricter guidelines for qualifying. If you have a good credit score advantage to talk to your lender best loan at fixed prices, which are easier on the pocket and can lead eventually to admit thatHome.

• Be sensitive to your work. I work hard in these difficult times. The companies are waiting in a situation and see that people let them go, if there is a need to bend. Working for you to be a valuable asset to society. Businesses see this as a good investment and ensure job security. If you check on a personal level, how your boss and the Department of the scene. Knowing where you are planning for the future.

• AdministrationDebt and guaranteed. It 'important to get rid of your bills and save as much money as possible. In times of difficulty, you can easily count the value of your home has decreased significantly because the economy on shaky ground. Determine whether you really need something before you spend the extra money.

• Do not dwell on what you need. Hard times to convince them, you need your family budget. The cost of the list and remove anything that does not reallyessential. First you must consider before it from the comfort of your lifestyle. Drag the budget and more money in their savings.

Flowers in a very difficult economic situation involved, the right decisions at the right time. The average lower survival rate for the economic recovery. Being prepared for the moment, the worst is the number one.