Tag Archives: recession
It was such a small news item in the paper I almost missed it. A hometown bank was being acquired by a rival. For a fraction of its estimated value. The reason: large real estate losses.
As I travel around … Read more
A Word of Clarification
My blog post below has struck a chord with some of you. As a Vanguard blogger, I am charged with sharing my personal and professional perspectives on issues facing investors. The post, prompted by a discussion … Read more
The idea that you should have a cash reserve equal to three to six months of your living expenses would almost certainly make any “Ten Commandments” list for personal finance.
It might also be one of the least obeyed commandments, … Read more
Is it the 1930s all over again? If that were true, it would be one very good reason to panic, sell everything, and put your money in a mattress. But it turns out that the comparisons between today and the Great Depression are (mostly) bunk.