DIVERSIFY for well balanced finances! INVEST in a Roth, Traditional, SEP IRA, or 401K. LIVE within your means not the extremes! MAKE money make money by monthly deposits! Save for rainy days, vacations, and retirement!
LESSONS FROM THE 2008 RECESSI0N! Its causes were deregulation, unqualified sub prime mortgages, and credit default swaps leading to defaulted loans, foreclosures, and the stock market decline. Then we bailed out banks for $700 billion and the auto industry with $14 billion.What are its solutions?: 1.) accountable regulations 2.) regulation of deregulated mortgages 3.) closing financial loopholes 4.) eradication of dubious banking and credit card practices, and 5.) enforced Wall Street regulations.