August 2010

Page 4

5 Financial Questions to Ask Yourself Right Now

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ith a roller coaster economy, high job unemployment, and increasing federal debt, this is the time to take stock and ask yourself some important financial questions to make sure you keep your financial house in order. Here are 5 important questions to ask yourself now?

the past year? You should be asking yourself questions such as how far your money may go down before you exit the stock market, or how much it needs to make before you might take some profit off the table. Learn from the ups and downs you saw in the early 2000’s and in 2007/2008.

1. Do I have an exit strategy with 2. Do I have enough of a cash my investments? If reserve? With job market “ I would recommend uncertainty, you want to the stock market has doubling your cash another free fall or make sure you beef up your company stock your cash reserve for at reserve.” takes a dive, how will least three months more you put some sort of cushion to secure than you would normally have. If you those assets which have grown over are used to having 3 months in a cash 4  W3 LIFESTYLE  -  oXYGen Financial


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