Lessons From 2008: Managing Cash
I think it is a safe bet that the markets are in for some volatility in the weeks and months ahead. Europe continues to churn out troubling finanical headlines, and we have plenty of economic concerns still looming here in the U.S., as well as the culmination of the Presidental election set to occur in the coming months. But if you understand volatility for what it is -- the movement in stock prices and not risk, then you can smartly take advantage of it. Most importantly, you can virtually guarantee that the year 2008 won't occur today. Luckily, all you have to do is one very important thing.
Keep plenty of cash on hand....456 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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