Financial Reflections

This week’s collection of five financial stories that caught my eye on social news site Afternoon Rally and other spots around the web.  Still, little good news in the economy with layoffs and retailers in jeopardy.

1. How frugal are you?  GLB Guy at Gather Little by little says he’s sort of frugal.  The post outlines all kinds of frugal things one can do as he evaluates himself.  How do you stack up?
2. MSN Money has more picks: 7 Stocks to Own in a Recession.  I’m not sure what to say.  Maybe now is the time to buy because everything is on sale?  I’m not sure we’ve hit bottom.
3. Yahoo! Finance has a Forbes article outlining retailers that might go bankrupt in 2009.  Some really big names.
4. I mentioned that software might be one of the industries to work in now.  Then a reader pointed out a CNBC article that Microsoft is laying off 5,000 people.  On a bright note, Microsofts Balmer did say they would hire thousands to work on their search project, and Google and Apple are still doing OK.
5. I mentioned college as a great start if you want to be rich.  Paying for it is another matter entirely.  Check out the college tuition video I found at Afternoon Rally.
   
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Once again, good luck to all.  I think of it as one week closer to being through the recession.

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