13 Nov 09 Investing During A Recession

It’s not the greatest idea to keep your money in the bank, instead of invested in something. Mostly because that saved money just sitting there is useless. You could be earning money by investing intelligently. Sure there’s risk involved, but there’s risk in everything that you do financially. You have a better chance of retiring when you want if you invest the money, opposed to just saving.

But how do you invest during a recession? Now may not seem like the best time to be investing in the stock market, and you’d probably be right. But playing your cards right, you can still invest smartly, and get your money working for you. Just be careful, and make smart decisions.

One of the best, is to diversify. One huge pitfall of stocks, is when a person invests too much of their portfolio into one investment. That’s a mistake, because if that investment falls through, so do you. You should never have more than 5-10% of your total portfolio invested in once source. This way you don’t stand to lose much if the stock sinks, and you’ll still benefit from the gains.

Look into good defensive stocks like healthcare and entertainment stocks. These are good bets long term, and investments are about long term gains. The pain you’re suffering from the recession of the last few years is nothing compared to the big picture. Recessions happen, the stock market goes through good periods and bad ones. These investments are for the long term. So if you’ve lost 30-40% of your initial money right now, think about that as a small blip on the chart.

There’s no telling where the stock market will be ten years from now. Everything could have fully recovered, and you could be up 30-40% on your savings again, when you’re looking to sell.

Tags: Best Time, Bets, Better Chance, Big Picture, Blip, Defensive Stocks, Earning Money, Initial Money, Investing During A Recession, Investing In The Stock Market, Investing Stock, Investments, Mistake, Money In The Bank, Money Investing, Periods, Pitfall, Recessions, Sinks, Smart Decisions

Filed in Business, Debt Counseling with 0 Comments

04 Sep 09 5 Ways to Make Your Business Sale like Crazy

Let’s face it: we are in the business because we want to make some money selling the product or services we believe is the best and most profitable for us. But, how do you know that the product or services you are going to offer is, indeed, the best? How can you be so confident that the product you are going to sell suits your selling style? And how do you know if it is right for you?

Answering these are not difficult, if you have done your homework right, but if you haven’t done your homework then this will deeply disturb you, and it will slim down your chances of making a killing. I would suggest you to find out the answers to following five questions, if you want to sale like crazy.

How is your product different from all other products available in the market?

Take your baton forward only if you have a concrete answer to this question. Do not create any artificial value. Are you for real? Ask this question over and over again, and try to answer this from different perspective.

Why should your wife try your product instead of using what is in the market for many years?

If you think, your wife will have to buy it because it is you who are selling then you may be right, but the wife of your friend or his friend or of your neighbor is not compelled by the same illogical pushing. Find out a real reason to make them buy from you.

Who all are competing with you?

Knowing your domain is always better. You should know who all are in the race to chase that single dollar, which has just come out of the customer’s wallet.

Why the hell are you in the market?

If your answer is to earn money then go straight out of the market without even dropping a pin, for we all are here for the same purpose, and we will not mind cutting your throat for our profit (cut-throat completion). To sustain in this market, you will have to think in terms of value for customers, employees and investors, not just in terms of earning money. Do not worry, money will follow.

Who on earth do you think you are?

Always remember, you are “Mr. Nobody.” It is the customer who makes you somebody, so why not define yourself as what your customers think of you? Know your place in market as well as in the minds of your customers, and take it as a ground to start from. Now, you are free to do whatever you do until and unless you cause serious disruption in the way your customer thinks about you. minute tweaking are alright.

Tags: Business Sale, Chase, Concrete Answer, Cut Throat, Cutting, Different Perspective, Domain, Earn Money, Earning Money, Face, Hell, Homework, Investors, Neighbor, Real Reason, Suits, Wallet

Filed in Business with 1 Comment

13 Nov 09 Investing During A Recession

04 Sep 09 5 Ways to Make Your Business Sale like Crazy

How is your product different from all other products available in the market?

Why should your wife try your product instead of using what is in the market for many years?

Who all are competing with you?

Why the hell are you in the market?

Who on earth do you think you are?

Translator

Recent Posts

Blogroll

Categories

Gossimer Press Releases

Gossimer News