Look on the bright side of the plunge in stock-market prices. Venture capitalists and stockholders who invested in dot-com companies found the hard way that many of them did not have a solid business plan. Although she doubts that the stock market will soon recover its recent losses, she feels stocks and bonds are a good investment because baby-boomers' investment funds continue to flow into the market. We're not seeing massive layoffs. Rather than worrying too much about investors who recently lost stock value, our concern should probably be about those families who are not saving and investing regularly.
Economists recommend that families have two to three months of living expenses saved.
Those planning to retire should take a look at their lifestyle. But that depends on what lifestyle they're planning. Secondly, when tobacco companies recently paid settlements to states, the consumption of cigarettes declined significantly, he said. And tobacco companies, worried about additional lawsuits, are not keeping high inventories of tobacco. The number of pounds of tobacco that producers may grow in Tennessee each year is set by the U.S. Department of Agriculture.