How to prepare for a recession

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Subject Author Date How to prepare for a recession Doobie Keebler 01-24-2008  Re: How to prepare for a recession PeterL 01-24-2008  Re: Since we're not having one, don't worry about ... Doobie Keebler 01-24-2008  Re: Since we're not having one, don't worry about ... Uncle_vito 01-24-2008  Re: Since we're not having one, don't worry about ... Mark Mathu 01-28-2008  Re: Since we're not having one, don't worry about ... Bill Reid 01-28-2008
Posted by Doobie Keebler on January 24, 2008, 3:28 pm What do you say when the subject of imminent recession comes up, and someone asks "what can I do to prepare, or to protect myself?" Any advice? Posted by PeterL on January 24, 2008, 4:54 pm > What do you say when the subject of imminent recession comes up, and > someone asks "what can I do to prepare, or to protect myself?" > > Any advice? Cash. Posted by Doobie Keebler on January 24, 2008, 5:56 pm On Jan 24, 4:45 pm, com...@webtv.net wrote: > too much growth going on in america and internationaly for a recession. > > "Fighting for Truth, Justice, and the American Way" Very funny. But seriously. Any suggestions? Posted by Uncle_vito on January 24, 2008, 8:49 pm In a true recession you have a big chance of losing your job. Build Cash. About 6 mos-1 year living expenses in the bank. Pay off all credit as fast as you can because of this. Vito > On Jan 24, 4:45 pm, com...@webtv.net wrote: >> too much growth going on in america and internationaly for a recession. >> >> "Fighting for Truth, Justice, and the American Way" > > Very funny. > > But seriously. Any suggestions? > Posted by Mark Mathu on January 28, 2008, 12:49 am > Pay off all credit as fast as you can because of this. I can't agree with your advice of having people pay off their mortgage as fast as they can. That's a good debt to have. Similar Threads Posted This Recession Is Only Beginning, Given the dependence of most countries on direct or indirect exports to the US for growth, the effects of American consumer retrenchment in this recession and in the chronic saving spree that should follow will be much June 12, 2008, 12:02 am Oil Markets Prepare for Red Alert June 25, 2008, 12:28 am Re: Prepare for the ultimate act of terrorism in 2006 !!! January 2, 2006, 7:15 am Re: INVESTORS: PREPARE FOR WAR IN MIDDLE EAST-MAYBE KOSOVO TOO February 18, 2008, 9:52 pm Re: INVESTORS: PREPARE FOR WAR IN MIDDLE EAST-MAYBE KOSOVO TOO February 17, 2008, 4:47 pm Re: INVESTORS: PREPARE FOR WAR IN MIDDLE EAST-MAYBE KOSOVO TOO February 17, 2008, 10:28 pm Prepare for higher taxes and ways to reduce the pain July 16, 2008, 11:25 pm Alternative energy companies prepare for 'banner' year ahead November 20, 2006, 3:10 pm Re: WELCOME To Your RECESSION! January 14, 2008, 5:10 pm Recession? October 25, 2007, 7:20 am