Welcome to Weekend Edition where the broader blogosphere submits savy investment articles for financial fiends looking for a fix before the markets open Monday.
Taking a few minutes at the end of each year to think about what went wrong and why is as important as celebrating what went right. But rather than reflect upon a year that was dismal and depressing financially for many, the focus of this week's edition will be on the New Year -- 2009.
Most of us will begin the year stabilizing our personal finances and investments. For some it will be as simple as clogging a checkbook that sprung a leak (Out Of Debt Christian) or learning to live on 70% of their income (The Money Blog). Or perhaps finding a new online discount broker (Money Blue Book) and the best online savings account (Money Smart Life). For others buried underneath a mortgage and asking themselves "Now What?", it will be far more painful financially and emotionally (The Political and Financial Markets Commentator). And for some of those, it will be a financial disaster they must face head on (Out Of Debt Christian).
Many will start the year hesitant as to whether the stock market has reached a bottom. And with reservations about President-Elect Barack Obama's fiscal policy (The Subprime Blogger). Even impressive companies like AthenaHealth (Nasdaq: ATHN) look to be dangerous stocks to some (ZachStocks).
But others begin the year with hope for 2009. Industries like solar are bright and stocks like Myriad Genetics (Nasdaq: MYGN) are potential winners (The Iconoclast Investor). Caterpillar (NYSE: CAT) (Navivest Stocks and Options Blog) and the new Global Sustainability Fund (Greener Pastures: Personal Finance) are also worthy of consideration. Perhaps 2009 will be remembered as the year when the Oracle of Omaha poignantly proves again to "be greedy only when others are fearful." That it is the wise investor who plants seeds when the sky is falling. And that he has the patience to let his investments grow for it is the "price of admission for any good deal" (The Investor's Journal).
Certainly, whichever your path in 2009, baby steps are important (How I Save Money). It is not all about market timing (Fire Finance). And if you begin to lose your way, remember the wise words of others like Warren Buffett (Investing School). A millionaire in 10 steps? (Money Blue Book) Perhaps. But certainly financial happiness is attainable (Financial Planning).
That concludes this edition. Submit your blog article to the next edition of The 52 Week Experiment's Weekend Edition using our carnival submission form.
Remember, The 52 Week Experiment does not necessarily endorse or agree with the information supplied in the investment articles featured in Weekend Edition. We put forth the articles for their stimulating content and encourage all readers to perform their own due diligence.
