I found your site on technorati and read a few of your other posts. Keep up the good work. I just added your RSS feed to my Google News Reader. Looking forward to reading more from you.
..I really like this article. I think as a millennial it is hard to think of the recession as being life changing, due to our lack of historical knowledge. The only recession we have really experienced in 2001/2002 was so mild and so short that it seemed like an aberration in an otherwise unrivaled run of growth.
you make some good points. remember though, that when the general media’s saying we’re ‘approaching’ a recession; you’re probably already in one. Which is okay, as you may not have even noticed yet.
Investing in your career, AND some markets would be a good time this year. Since one probably can’t TIME the market, invest little bits all year long as it’ll be a bumpy one.
Seth Godin, in his book The Dip – talks about a dip in anything (thinking in terms of a graph of course) is a good time to get in / and or out. In this case, in with the money and training!
Considering the position I am currently in ‘being unemployed due to the market’, I found your “Recession” talk to be very informative. We “are in a recession” the housing market has dropped the commercial is staggering at the moment from the design stage. Construction seems to be fine at the moment, but if things don’t pick up soon, they will take a hit in the coming year.
Thanks for the great advice!! Now if I could just find a side career to keep me recession ‘proof’.
Thank you for your encouragement! I hope you enjoy what’s in store.
Thor,
I’m glad you like the article. I don’t know millennials have given much thought to the recession, and we certainly don’t know what to expect. I’m hoping this will get our generation thinking more about how the recession might affect us, and also how we might be able to capitalize on some of the effects of the economy slump in the coming months.
th rive,
I have a hard time believing we are in a recession just yet – though it certainly could be an irreversible economic slump that will lead to a recession. I love Seth Godin, and I do believe you are right about getting in, specifically on stock markets, housing, and education/training. The book review I linked to is for a Random Guide To Investing – great book for millennials that puts financial markets into digestable terms. Thank you for your continued support and comments!
Voss,
Voss! Thanks for visiting my blog! Good luck with the job hunt, that’s such a bummer. I hope some of my thoughts were helpful for you.
Just found your site and wanted to tell you that I love it! I’m going to link back to your recession article next week. Hope you’ll check out Water Cooler Wisdom when you have a chance as well!
Best,
Alexandra Levit
Twentysomething career expert
Author, How’d You Score That Gig?
Blogger, Water Cooler Wisdom http://alexandralevit.typepad.com
Alexandra,
Your advice is sound for Millenials, GenY’s, GenX’s, and Baby Boomers. The point is that we need to plan ahead, take care of ourselves, take care of our families, and share what we have learned.
I write a series of articles and a blog for CIO Magazine on Executive level job searches based on my own direct experience as a CIO looking for a new job opportunity (http://advice.cio.com/blogs/cio_job_search_a_real_life_chronicle). I hope you and your readers can benefit from some of the insights I’ve learned, as well.
Planning is the key to surviving a recession. Everything you mention here has its roots in planning. If you take the time to plan your financial life then riding out tough economic times is not difficult. Moreover, if you have taken the time to make a plan and follow through with it you can take advantage of the recession by buying a house more cheaply than normal, or buying great stocks at lower prices. It is just all about polanning.
They certainly don’t trust real estate agents hungry to close any deal, they don’t trust the media which tried as long as it could to maintain that things fidelity 401k were still rosy when in fact inventory was piling up and nothing was selling, and they don’t trust their financial advisers because their 401k’s just got cut in half.
They certainly don’t trust real estate agents hungry to close any deal, they don’t trust the media which tried as long as it could to maintain that things fidelity 401k were still rosy when in fact inventory was piling up and nothing was selling, and they don’t trust their financial advisers because their 401k’s just got cut in half.
They certainly don’t trust real estate agents hungry to close any deal, they don’t trust the media which tried as long as it could to maintain that things fidelity 401k were still rosy when in fact inventory was piling up and nothing was selling, and they don’t trust their financial advisers because their 401k’s just got cut in half.
Monica O'Brien is the Director of Digital at Fizz and author of the book Social Pollination, which helps businesses leverage social media for crazy growth!
Monica O'Brien is the Director of Digital at Fizz and author of the book Social Pollination, which helps businesses leverage social media for crazy growth!
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I found your site on technorati and read a few of your other posts. Keep up the good work. I just added your RSS feed to my Google News Reader. Looking forward to reading more from you.
Allen Taylor
..I really like this article. I think as a millennial it is hard to think of the recession as being life changing, due to our lack of historical knowledge. The only recession we have really experienced in 2001/2002 was so mild and so short that it seemed like an aberration in an otherwise unrivaled run of growth.
Keep up the good work.
-Thor
you make some good points. remember though, that when the general media’s saying we’re ‘approaching’ a recession; you’re probably already in one. Which is okay, as you may not have even noticed yet.
Investing in your career, AND some markets would be a good time this year. Since one probably can’t TIME the market, invest little bits all year long as it’ll be a bumpy one.
Seth Godin, in his book The Dip – talks about a dip in anything (thinking in terms of a graph of course) is a good time to get in / and or out. In this case, in with the money and training!
good one.
Considering the position I am currently in ‘being unemployed due to the market’, I found your “Recession” talk to be very informative. We “are in a recession” the housing market has dropped the commercial is staggering at the moment from the design stage. Construction seems to be fine at the moment, but if things don’t pick up soon, they will take a hit in the coming year.
Thanks for the great advice!! Now if I could just find a side career to keep me recession ‘proof’.
Allen,
Thank you for your encouragement! I hope you enjoy what’s in store.
Thor,
I’m glad you like the article. I don’t know millennials have given much thought to the recession, and we certainly don’t know what to expect. I’m hoping this will get our generation thinking more about how the recession might affect us, and also how we might be able to capitalize on some of the effects of the economy slump in the coming months.
th rive,
I have a hard time believing we are in a recession just yet – though it certainly could be an irreversible economic slump that will lead to a recession. I love Seth Godin, and I do believe you are right about getting in, specifically on stock markets, housing, and education/training. The book review I linked to is for a Random Guide To Investing – great book for millennials that puts financial markets into digestable terms. Thank you for your continued support and comments!
Voss,
Voss! Thanks for visiting my blog! Good luck with the job hunt, that’s such a bummer. I hope some of my thoughts were helpful for you.
Hi Monica,
Just found your site and wanted to tell you that I love it! I’m going to link back to your recession article next week. Hope you’ll check out Water Cooler Wisdom when you have a chance as well!
Best,
Alexandra Levit
Twentysomething career expert
Author, How’d You Score That Gig?
Blogger, Water Cooler Wisdom
http://alexandralevit.typepad.com
Good list; There are definitely a few things I can do here. This site is fantastic. Thanks!
Michelle,
Thank you for the encouragement! I’m glad you enjoy the site. I like yours too!
Alexandra,
Your advice is sound for Millenials, GenY’s, GenX’s, and Baby Boomers. The point is that we need to plan ahead, take care of ourselves, take care of our families, and share what we have learned.
I write a series of articles and a blog for CIO Magazine on Executive level job searches based on my own direct experience as a CIO looking for a new job opportunity (http://advice.cio.com/blogs/cio_job_search_a_real_life_chronicle). I hope you and your readers can benefit from some of the insights I’ve learned, as well.
Thank you for sharing your very sound advice!
Mark Cummuta
Planning is the key to surviving a recession. Everything you mention here has its roots in planning. If you take the time to plan your financial life then riding out tough economic times is not difficult. Moreover, if you have taken the time to make a plan and follow through with it you can take advantage of the recession by buying a house more cheaply than normal, or buying great stocks at lower prices. It is just all about polanning.
Great site and I am loving it! Will come back again – Thanks.
They certainly don’t trust real estate agents hungry to close any deal, they don’t trust the media which tried as long as it could to maintain that things fidelity 401k were still rosy when in fact inventory was piling up and nothing was selling, and they don’t trust their financial advisers because their 401k’s just got cut in half.
They certainly don’t trust real estate agents hungry to close any deal, they don’t trust the media which tried as long as it could to maintain that things fidelity 401k were still rosy when in fact inventory was piling up and nothing was selling, and they don’t trust their financial advisers because their 401k’s just got cut in half.
They certainly don’t trust real estate agents hungry to close any deal, they don’t trust the media which tried as long as it could to maintain that things fidelity 401k were still rosy when in fact inventory was piling up and nothing was selling, and they don’t trust their financial advisers because their 401k’s just got cut in half.
Thank you!
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