Comments on: 10 Basics for Financial Peace of Mind in Tough Times http://20somethingfinance.com/10-basics-for-financial-peace-of-mind-in-tough-times/ Building Towards Personal Finance Success! Mon, 15 Mar 2010 20:53:55 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Do You Dave Ramsey? http://20somethingfinance.com/10-basics-for-financial-peace-of-mind-in-tough-times/comment-page-1/#comment-3418 Do You Dave Ramsey? Fri, 10 Apr 2009 04:09:31 +0000 http://20somethingfinance.com/?p=258#comment-3418 Spot on advice... minding ones money is pretty easy once folks start actually doing the minding. Spot on advice… minding ones money is pretty easy once folks start actually doing the minding.

]]> By: Ray The Money Man http://20somethingfinance.com/10-basics-for-financial-peace-of-mind-in-tough-times/comment-page-1/#comment-788 Ray The Money Man Tue, 04 Nov 2008 17:24:32 +0000 http://20somethingfinance.com/?p=258#comment-788 The keep more of your paycheck is often over looked by young people especially. Since they don't know what to do with their money they use it as an alternative. Great Post! The keep more of your paycheck is often over looked by young people especially. Since they don’t know what to do with their money they use it as an alternative.

Great Post!

]]> By: Shaun Connell http://20somethingfinance.com/10-basics-for-financial-peace-of-mind-in-tough-times/comment-page-1/#comment-625 Shaun Connell Fri, 03 Oct 2008 20:47:08 +0000 http://20somethingfinance.com/?p=258#comment-625 Ah, great article. I Stumbled it. You know, during financial tough times our actions are simply more extreme versions of what our everyday finances should look like. Taking that to heart can lead to long-term consequences. Ah, great article. I Stumbled it. You know, during financial tough times our actions are simply more extreme versions of what our everyday finances should look like. Taking that to heart can lead to long-term consequences.

]]> By: We Live In Turbulent Times - Roundup | Bible Money Matters http://20somethingfinance.com/10-basics-for-financial-peace-of-mind-in-tough-times/comment-page-1/#comment-597 We Live In Turbulent Times - Roundup | Bible Money Matters Tue, 30 Sep 2008 14:29:53 +0000 http://20somethingfinance.com/?p=258#comment-597 [...] 10 basics for financial peace in tough times @ 20somethingfinance.com [...] [...] 10 basics for financial peace in tough times @ 20somethingfinance.com [...]

]]> By: The Frugal One http://20somethingfinance.com/10-basics-for-financial-peace-of-mind-in-tough-times/comment-page-1/#comment-594 The Frugal One Tue, 30 Sep 2008 10:50:38 +0000 http://20somethingfinance.com/?p=258#comment-594 Love your blog, the content and the look of the site. Agree with #9 that this is the wrong time to be pulling money out of the market. For sure, keep some money in cash to remain liquid in the case of an emergency or, god forbid, a bank run, but these are unprecedented times reminiscent of the downturn in the market post- the tech bubble and around Sept 11, 2001. Those that were able to stomach the volatility then and invested came out looking good in 2006 and the early part of 2007 (and I hope liquidated some of their holdings then). Those that stayed by the sidelines but eventually got in still did okay as well, but the returns weren't as juiced. The saying is true that in crisis lies opportunity and this one, in time, will be viewed as one of those rare opportunities in a person's lifetime. TheFrugalOne.com Love your blog, the content and the look of the site.

Agree with #9 that this is the wrong time to be pulling money out of the market. For sure, keep some money in cash to remain liquid in the case of an emergency or, god forbid, a bank run, but these are unprecedented times reminiscent of the downturn in the market post- the tech bubble and around Sept 11, 2001.

Those that were able to stomach the volatility then and invested came out looking good in 2006 and the early part of 2007 (and I hope liquidated some of their holdings then). Those that stayed by the sidelines but eventually got in still did okay as well, but the returns weren’t as juiced.

The saying is true that in crisis lies opportunity and this one, in time, will be viewed as one of those rare opportunities in a person’s lifetime.

TheFrugalOne.com

]]>