Access to cash is paramount now. It's absolutely critical. |
By selling, you're making an ethical statement. But don't cut off your nose to spite your face. |
Definitely splurge. You've earned it. |
Do you think GE is going to go out of business? Do you think Microsoft is going to go out of business? You have to distinguish between the asset and the price of the asset. |
Don't add new money until the company has its compliance under control. |
I don't think these abuses will continue. |
If the economy is indeed slowing down, wouldn't it be nice to have some money set aside? |
If they make you a deal that's too good to be true, of course, borrow. If someone is willing to give you money for nothing -- take it. |
If you have a long-term perspective, you don't react to every piece of news. |
If your mind is clear as to what you are trying to do, if you can say what you want out of life and make your money move in that direction, you will be happy. |
It's not too exciting, plain vanilla, with good companies, good financial qualities. That gives you a core. |
It's vital you continue contributions to a retirement plan. People stop funding. That's the No. 1 mistake. |
Just let it play out a little. |
Make sure you have other cash resources available equivalent to three months living expenses. |
No one has anything to cash out. I think this year people are going to be feeling pretty poor. |