Container Top
Homes   Jobs   Cars   Shopping
Search

Events Calendar

EVENT SEARCH:

In This Section


Most Read Stories


Blogs:


Akron Law Café:
College Football is Un-American

The Heldenfiles:
Thursday Viewing: "Grey's Anatomy," "Private Practice"

Tribe Matters:
Shapiro puts Indians in position to win

Patrick McManamon:
What about James Harris for Browns GM?

Browns Bulletin:
Browns may interview ex-Broncos GM

Cleveland Browns:
Mangini takes command

Cleveland Cavaliers:
Cleveland Cavaliers: Of Leprechauns and Losses

CavsHQ: A Fan's View:
The Countdown Begins - Cavs v. Celtics

Akron Zips:
Five things you should know about Miami

Varsity Letters:
Ignatius’ Kyle has busy offseason

Kent State Sports:
Volleyball players earn All-Academic honors

Car Chase:
January is auction time

See Jane Style:
Chicago Chic?

All Da King's Men:
Obama's Economic News Conference

Blog of Mass Destruction:
Shameful Things

HRLite House:
The Psychology Channel, Interesting Videos, Jobs in I-O, and Happy Birthday Elvis

Akron Gamer:
Games in '09: Resident Evil 5

Ohio Travels with Betty:
Does Ohio have an Andy Warhol Museum?

Sound Check:
Axl Rose speaks on Guns & Rose(s)

Let's Talk Real Estate:
Mortgage Forgiveness Debt Relief Act of 2007 Extended

Expert's stock trading advice for troubled times

 

Here are some financial steps to take in uncertain times offered by Greg McBride of BankRate.com, Joe Hurley of SavingforCollege.com and Brent Collins of SmartStops.net.

1. Rebalance your portfolio. Sell some of anything that has gone up and buy more of what has gone down.

2. Buy shares in your 10 ''most-wanted'' stocks that you never bought because they were too expensive.

3. Move money from a taxable brokerage account in a child's name into a 529 college-savings plan. Market declines will make the capital gains low on the sale and might trigger a capital loss. The strategy allows you to move the money into a tax-free 529 plan.

4. Build up your emergency savings to six months of expenses.

5. Create an exit plan for selling a portion of your holdings in stocks, exchange-traded funds and mutual funds. Sign up for online services at SmartStops.net or Morningstar.com that will alert you on targeted lows.

 

Get the full article here.


Story tools

Email  Email   Print  Print   Save  Save   Reprint  Reprint   Popular  Most Popular   Reprint  Subscribe

Share this story

AddThis Social Bookmark Button


















Most Commented Stories