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great confidence that their holdings will keep major portfolio risk at bay. Aside from piles of questionable debt, what are those diverse holdings? Stocks, stocks and more stocks. Despite current optimism that the bull market is back, there will be many more casualties to come when stock prices turn back down again.
2. Stock Mutual Funds Will Fall, Too
Not only will many stocks fall 90 to 100 percent, but so will a substantial number of stock mutual funds, which cannot exit large equity positions without depressing prices and which have the added burden to you of one percent (or more) annual management fees. The good news is that we will finally find out who the few truly good fund managers are and which ones were heroes by virtue of being around for a bull market.
3. The Fed Won't Be Able To Save the Stock Market
Don presume that the Fed will rescue the stock market, either. In theory, the Fed could declare a support price for certain stocks, but which ones? And how much money would it commit to buying them? If the Fed were actually to buy equities or stock-index futures, the temporary result might be a brief rally, but the ultimate result would be a collapse in the value of the Fed own assets when the market turned back down, making the Fed look foolish and compromising its primary goals, as cited in Chapter 13. It wouldn want to keep repeating that experience. The bankers pools of 1929 gave up on this strategy, and so will the Fed if it tries it.锘縎hould you wear a suit or sport coat to an interview
On One Hand: Look Like a ProfessionalA suit conveys professionalism, seriousness of purpose and respect for the organization and the people doing the interviewing. A suit is the universally accepted and understood "uniform" of the job seeker. You'll never be asked why you wore a suit to an interview, but you might be asked why you didn't.
On the Other: Consider the CultureA sport coat might be appropriate when interviewing at a business that not only maintains a casual atmosphere but also has a company culture that stresses nonconformity and openly rejects "corporate types." If you walk in to the business and see everyone wearing jeans and T-shirts, a sport coat might be appropriate.
Bottom LineUnless you have been specifically told otherwise, wear a suit. There is no penalty for dressing professionally, but the risks of dressing too casual are high. Sure, a company might allow its employees to come to work in shorts and flip-flops, but you're not an employee yet.
Source:MSN Money: How to Dress for an Interview
CareerBuilder: How to Conquer the First Impression
How do I present myself during a second round interview? The first interview was two hours and went well. Should I be following any second interview protocol? Can I wear the same thing (I only have one suit)?
Do women have to wear a suit for an interview?
Is it acceptable to turn up for an interview at a crematorium in trousers, shirt and tie, or should i wear the full suit?
What should a (female) high school student wear at a co-op job interview? Everywhere I look it says business suit but I 17 (ok, almost an adult) but I look awkward, not to mention, older than I really am in one so I what are my alternatives?
I going to an interview for a job as a bank teller. What kind of question would they ask me? And should I wear a suit or just a shirt and tie with dress pants?锘縎hould You Work From Home
Are you now employed with a normal day job? Do you find yourself getting irritated with the commute to and from work? Are you also tired of the office gossip and office antics? If you are, have you thought about working from your own home. If you have thought about having a home base company, you're not alone. If you think that owning your own home base company is a dream, it is a dream that can come true.
There is a lot of people who have some misconception on what working from home really is. Some may think that you don't have to work hard. That is far from the truth. You will be working hard to make your business grow. Some benefits, you don't have to dress up, you can wear comfortable clothes and you can save yourself time by not driving into work. If you still have a day job, please don't quit just yet. There will be some information that you need to study and training that you will need to get your business successful.
Many beginner make a costly mistake by quitting their jobs too early. If you have a job, keep it until you can survive on your own with your stay at home business. Keeping your job is vital for your family to have an income. We all want to jump right in and hit the home office running. But, there are things you need to set up and clients to get. So take caution and don't make the mistake of quitting your job. The main reason you need to keep your existing job, home jobs are becoming popular. With this popularity, it has become harder to find steady jobs. It is becoming harder for home offices to succeed right away. However, with hard work and a willingness to grow your company, it is possible.
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