Build Up Your Emergency Fund

The traditional rule of thumb is that everyone should have three to six months cash on hand in case of an emergency.  In a down economy like we are experiencing now, I am recommending having at least six months in reserve because it is taking people much longer to find work today that in the recent past. Here are some answers to basic questions like how do you build it up? How much should you have? Where should you keep it?

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Market Recovery Strategies

Our beliefs and principals about investing become challenged when we are faced with severe downturns like the one the economy has taken recently.  However here are some basic truths and tenants to which all investors should subscribe and some strategies to position yourself to take advantage of the market recovery when it comes.

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