Comments on: The Dreaded “R” Word http://blog.canadian-dream-free-at-45.com/2008/10/22/the-dreaded-r-word/ Wed, 08 Feb 2012 17:31:40 +0000 hourly 1 http://wordpress.org/?v=3.1 By: Free Stock Trading Tools, Scam Alert, and Weekend Links | Million Dollar Journey http://blog.canadian-dream-free-at-45.com/2008/10/22/the-dreaded-r-word/comment-page-1/#comment-13222 Free Stock Trading Tools, Scam Alert, and Weekend Links | Million Dollar Journey Fri, 24 Oct 2008 10:30:12 +0000 http://blog.canadian-dream-free-at-45.com/?p=543#comment-13222 [...] Canadian Dream tells us what he is going to do in case of a recession. [...] [...] Canadian Dream tells us what he is going to do in case of a recession. [...]

]]> By: Being Light http://blog.canadian-dream-free-at-45.com/2008/10/22/the-dreaded-r-word/comment-page-1/#comment-13105 Being Light Wed, 22 Oct 2008 19:47:34 +0000 http://blog.canadian-dream-free-at-45.com/?p=543#comment-13105 Last year, a few months before my office closed down and laid off the majority of the employees, I started a budget. It was in excel, and for each month, I dutifully entered all my minor and major household, personal and financial spending. So, when the axe did fall, I already had a good sense of where to cut my spending, such as discretionary items. Last year, a few months before my office closed down and laid off the majority of the employees, I started a budget. It was in excel, and for each month, I dutifully entered all my minor and major household, personal and financial spending. So, when the axe did fall, I already had a good sense of where to cut my spending, such as discretionary items.

]]> By: Canadian Dream http://blog.canadian-dream-free-at-45.com/2008/10/22/the-dreaded-r-word/comment-page-1/#comment-13094 Canadian Dream Wed, 22 Oct 2008 18:04:21 +0000 http://blog.canadian-dream-free-at-45.com/?p=543#comment-13094 Astin, Good point. People can take the cash thing too far and hold it for too long. I'm refering to the short period holding of cash if you don't have much for cash savings (like in my case). Yet if you already have an emergancy fund in place, go out there and buy. Tim Astin,

Good point. People can take the cash thing too far and hold it for too long. I’m refering to the short period holding of cash if you don’t have much for cash savings (like in my case). Yet if you already have an emergancy fund in place, go out there and buy.

Tim

]]> By: Canadian Money http://blog.canadian-dream-free-at-45.com/2008/10/22/the-dreaded-r-word/comment-page-1/#comment-13092 Canadian Money Wed, 22 Oct 2008 17:17:36 +0000 http://blog.canadian-dream-free-at-45.com/?p=543#comment-13092 You could consider putting a little money on the short side of the stock market. It feels better if your one of he few people making a little from all this carnage. I have been using HXD.TO but there are other options such as Bear Mutual Funds. In the past I have tried buying PUTS but they have a life span which can easily run out. You can study Bear Markets and Recessions to see what might lie ahead. Learn from the past. For example, all Bear Markets contain significant Bear Market rallies on the way down. These rallies fissly when the pool of "bottom guessers" runs out. Human mass pschology has not changed, only the names of the investments have changed. We are not any more or less intelligent than our grandfather. We just communicate in a more efficient manner (web, emails etc). You could consider putting a little money on the short side of the stock market. It feels better if your one of he few people making a little from all this carnage.

I have been using HXD.TO but there are other options such as Bear Mutual Funds. In the past I have tried buying PUTS but they have a life span which can easily run out.

You can study Bear Markets and Recessions to see what might lie ahead. Learn from the past. For example, all Bear Markets contain significant Bear Market rallies on the way down. These rallies fissly when the pool of “bottom guessers” runs out.

Human mass pschology has not changed, only the names of the investments have changed. We are not any more or less intelligent than our grandfather. We just communicate in a more efficient manner (web, emails etc).

]]> By: Astin http://blog.canadian-dream-free-at-45.com/2008/10/22/the-dreaded-r-word/comment-page-1/#comment-13087 Astin Wed, 22 Oct 2008 15:33:14 +0000 http://blog.canadian-dream-free-at-45.com/?p=543#comment-13087 Funny that there's a Buffett-related ad on the screen for this post, and he just lambasted anyone who plans on sitting on a pile of cash in these times... Funny that there’s a Buffett-related ad on the screen for this post, and he just lambasted anyone who plans on sitting on a pile of cash in these times…

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