www.StartArticle.com
Staying Sane While Wall Street Crashes
by: David Leonhardt a.k.a. The Happy Guy
|
|
Everybody is riding the Wall Street Roller coaster. Even if you are not invested, the headlines scream out one word: PANIC!
It's hard not to join in the panicking. The Panic Crowd seems to be having all the fun these days. But they don't have all the happiness. You see, it's true what your mother told you: money doesn't buy happiness, at least not for most people. But the lack of money does buy pure misery.
Did you ever wonder why so many office towers have fusion-sealed, micron-proof windows to keep office workers safe from any semblance of fresh air? It has to do with the stock market. During The Great Depression, just too many brokers were jumping out of windows. This enraged a nation of vengeful investors, who demanded to kill their brokers personally. So henceforth all windows were sealed.
(The good news is that by the time the windows were sealed, The Great Depression had ended, so there have been very few reported cases of enraged investors killing their brokers. However, there have been several incidents of "office air suffocation syndrome" -- but that's another issue for another column.)
Oh no! Not another Top Ten list!
Here are The Happy Guy's Top Ten Tips for Staying Sane While Wall Street Crashes Around You:
- Don't panic. Enough people are doing that already; you're needed elsewhere.
- Don't join the Panic Crowd. They are NOT having more fun, they just act that way to attract new members fold. Misery loves company.
- Take inventory. Do you have the basic necessities? If so, you are OK. When they come to take away your television remote control, then panic.
- Smile at your neighbor. A smile lifts everybody's spirits, but most of all your own.
- Remember the Great Depression. It sucked, but people survived. It's amazing how many non-essentials we take for granted. Rent a movie about the 1930s, sit back, and laugh about how much better our depression is going to be.
- Learn a new skill. In hard times, it pays to be very, very employable. And you may even be lucky enough to have two jobs. Oh, wait. That's our problem now.
- Start saving now. Then when the bottom falls out, at least you'll have something to live on for three-and-a-half weeks.
- Start spending now. It's folks like you, saving all your money instead of spending it, that are killing the economy.
- Stop listening to people telling you to save or to spend. In fact, stop listening to news about the markets. It's just too depressing.
- Ignore top ten lists. They are way too gimmicky and seldom give any truly useful information (except for this one, of course!)
There you have it. The Happy Guy's Top Ten Tips for Staying Sane While Wall Street Crashes Around You. All the advice your mother didn't tell you about financial markets, and more importantly, about keeping happy while others suffer. The bottom line is don't panic, don't invest all your emotions where your money is invested, and focus on what really matters.
Here's a best article source for you: www.startarticle.com
|
About The Author David Leonhardt is The Happy Guy. He is an energetic motivational speaker and author of Climb Your Stairway to Heaven: the 9 habits of maximum happiness. Visit him at
|
Read More Articles from the accounting Category:
Knowledge of accounts can make life much easy. If you are to invest in a new business or joining your forefather’s business, planning to take some loan, looking for job in any marketing company, desire to be the manager of a multinational company or have the onus to manage your own assets and liabil ...
Author: Mansi gupta
Simple and effective Business Management In every enterprise there are, at every time, one or more bottlenecks, which have influence to the commercial situation. Bottleneck-oriented business management has the purpose to early track the bottlenecks and to remove them, to allow an optimum of commer ...
Author: Stephan Szugat
A professional degree in Juris Doctor relates to a higher grade of studies in law. With business houses expanding in size and the legal issues gaining higher importance for day to day working of large corporates, demand for Juris Doctor professionals has been increasing. As the business interacts mo ...
Author: Mansi gupta
When I was a child, all I wanted from life was to be able to play every instrument under the sun. Pretty lofty goal, right? I spent a couple decades learning numerous instruments, a couple I mastered; with many of the instruments I considered myself an average player, but that was ok – at least I c ...
Author: Erin Banister
There are a number of ways that you can find tax services companies. The yellow pages is a good place to start for companies in your area but, depending on where you live, the list of names may be extremely long. It is a good idea to ask your friends, colleagues and business partners to recommend th ...
Author: Don Kransteuber
A business is only able to grow as fast as the internal organisation is able to process higher volumes of sales. But how to get an optimal internal organisation? Well, you will need to adapt your internal organisation over and over again. It’s a never ending story. However, a Company/Employee Handbo ...
Author: Stephan Szugat
If you’re anything like me then you dislike with a vengeance doing your accounts and taxes. So how can you make this process easier, less painful and cut your accountancy fees? Well buying an accounting software package is one way. First of all you need to decide whether you are going to keep you ...
Author: Jakki Francis
You need an extra effort not the extra workload. Today when competition is high and consumers have many options to choose, an extra effort towards improvement of your product, managing your customers and taking care of other aspects of your business will give you advantage over your competition. You ...
Author: Arun Tibrewal
RECOMMEND
| ||
| ||
| ||
| ||
| ||
| ||
| ||
| ||
| ||
| ||
| Pro ASP NET 2 0 in VB 2005 - ( free e-book ) With its added improvements, ASP.NET 2.0 is becoming the standard technology for creating dynamic we... Readmore | ||
| Professional ASP NET 2 0 Server Control and Component Development - ( free e-book ) The ASP.NET 2.0 Framework introduced web developers to dozens of new server controls and components,... Readmore | ||
| Disk Repair Software - ( free softwre ) Hard disk drive bad sector repair and removal software tool.... Readmore | ||
| !Date Cracker 2000! - ( free softwre ) Removes time protection from programs.... Readmore |
