The Online Investing AI Blog

It’s silly for anyone to believe that they can accurately predict the future. However, it’s fun to make our guesses and see what happens!

My guess for 2009 is more financial chaos. As people sit home and watch TV over the holidays, the massive losses from mutual funds in their retirement accounts will become real for them. While they eat too much and attempt to enjoy the holidays, which have been consumed as marketing opportunities, most people will feel like they don’t have enough money.

This will cause selling in the beginning of the year, and push the markets down further. Most of the so-called experts on TV today say that we’ve hit a bottom and the markets will start moving up. But to me, that’s just wishful thinking. They depend on the markets for their paychecks, and as the markets go down the chance of them losing their job goes up.

What can you do? As the saying goes, if the hole is getting deeper, stop digging! It’s pretty clear that Americans as well as the whole country itself, has created too much debt. And, without the skills to invest properly, they have no way to significantly improve their financial situation.

The Internet is the great empowerer, and it is the most powerful “invention” in the history of of humans. There is no problem that human ingenuity cannot solve, and financial problems are no exception. What if people use the holidays to read a book, use the Internet, or form a plan to make 2009 a personal financial success? How would that be?

Related posts:

1. Is 2009 the Start of the Next Depression?
2. Is the Recession Over, or is the Global Depression just Starting?
3. The Depression is Just Getting Started
4. Weekly Wisdom: Best Personal Finance and Personal Growth Posts Of 2009
5. Is Innovation Slipping Into A Depression?

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