Fear perpetuates a sense of helplessness and "waiting it out", as well as inspires investors to back their money out of stocks and other investments, and put them into cash accounts, which only puts us further into recession. For those that have iron stomachs, it's actually a great time to be an investor, as there are some good, solid companies selling for well below their book values and their true worth right now.

That's not to say there also aren't a lot of stinkers too, but if you practice due diligence in researching their individual financials and balance sheets, you may be sitting pretty when this recession is over and the consumer confidence that is so key to a healthy economy has returned.

I do personally believe we have a long ways until we are out of the woods, but I also believe that we have the power to turn things around if we can just practice patience and discipline as a collective nation. Until then, it may be sage advice to ignore the doomsday headlines and make up your own mind about where this country's economy is headed.

Page 2 of 2 :: First | Last :: Prev | 1 2 | Next