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Follow on Google News | Anderson Gray Wealth Creation Expert for 2008 Financial CrisisTop 6 Tips for Surviving the 2008 Financial Crisis
By: Anderson Gray Excluding the bear market of 1929, which lasted for several years, the average bear market lasts for 14 months. This implies that, statistically, we are nearing the end. However, there is no guarantee; statistics can only provide us with an indication, not concrete answers. No one can say with certainty when the current bear market will end, however the following general tips can help guide you through the rest of 2008: 1. Stay calm Don’t be swayed by the crowds and sell your investments; 2. Look at how the current market decline has affected your portfolio You should factor in the great returns you’ve experienced in previous years. 3. Accept risk A portfolio of shares or property is by nature volatile and will produce negative returns from time to time. 4. Adopt a long-term approach Investing in shares and property pays off over the longer term. 5. Keep positive The investment house UBS has forecasted a yield of 6.6 % (inclusive of imputation credits) on the ASX top 200 stocks. This means that even as the capital value falls, you will receive good income. If dividends are higher than 4%, the market offers good value. 6. Look at investing! In most cases share markets bounce back well before the end of a recession. Provided you have a long-term investment focus, now could well be the best time to buy! If you’d like for me to send you some material which supports the above, please contact me. I’d be more than happy to share these with you. # # # Anderson Gray Worldwide provides Intelligent Profit Solutions for Small to Medium Enterprise. We provide services across Anderson Gray Events, Anderson Gray Experts and Anderson Gray WebTech. These services range from Active to Passive across Business Networking in Melbourne, Active Lead Generation, Passive Lead Generation, Conventional Marketing, Online Advertising & Website Design and Development. http://www.anderson- End
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