Tuesday, June 10, 2014

Review of real time stock prices::Best Way to Follow Stock in Real Time







Review of real time stock prices::Best Way to Follow Stock in Real Time








The               financial               sector               continues               to               be               buffeted.

However               you               get               your               news               -television,               car               radio,               computer,               newspaper               -               several               stories               seem               to               be               standing               out               (besides               the               obvious               and               very               real               trauma               suffered               by               those               in               Texas               in               the               wake               of               a               terrible               hurricane).

Former               giants               in               the               financial               sector               are               collapsing               or               struggling               to               hang               on.

The               latest               casualty?

Lehman               Brothers               folded               and               Merrill               Lynch               is               being               bought               by               Bank               of               America,               noted               here               in               the               New               York               Times:               www.nytimes.com/2008/09/16/business/worldbusiness/16markets.html               along               with               the               fact               that               stocks               took               a               rapid               downward               turn,fueling               talk               of               a               Black               Monday.
               Since               Lehman               Brothers               has               been               around               for               so               very               long               (158               years),               the               news               of               the               firm's               demise               was               a               huge               shock               to               many,               particularly               the               info               (which               could               change               at               any               moment,               though               it               doesn't               seem               likely)               that               there               won't               be               a               government               rescue               of               the               company,               no               last               minute               reprieve               or               intervention               as               there               was               with               Fannie               Mae               and               Freddie               Mac.
               Black               Monday               and               stock               market               crash               fears               increase               as               Lehman               Brothers               goes               under
               When               a               company               with               the               former               prestige               and               history               of               Lehman               Brothers               goes               belly               up               so               soon               after               news               of               bank               failures               -               plus               rescues               needed               for               Fannie               Mae               and               Freddie               Mac               -               the               average               person               becomes               even               more               concerned.

I've               been               following               the               housing               and               financial               markets               closely               and               I'm               definitely               worried.

Even               worse,               I               see               people               around               me               going               beyond               concerned.
               Some               of               those               I               know               are               panicking.

Just               this               morning,               someone               called               to               say               they'd               dropped               the               price               of               a               house               by               over               $100,000               and....by               the               way,               did               we               happen               to               know               of               any               possible               takers?

Desperation               is               in               the               air.

Desperation               was               in               that               person's               voice.
               Stock               market               crash               and               Black               Monday               fears               -               avoid               panic
               When               things               get               tough               economically,               the               inclination               is               to               bail               out,               grab               money               from               the               bank               and               hope               for               the               best.

My               perspective               is               different.

I               was               raised               by               Depression               era               parents               and               went               through               a               deep               recession               myself.

If               the               worst               is               to               happen,               there               are               still               some               steps               the               average               person               can               take               -               now               -               to               avoid               panicking               and               stay               informed.

My               opinion               is               echoed               by               a               number               of               financial               experts,               as               noted               here               at               CNBC:www.cnbc.com/id/26718956               (special               report               by               Jeff               Cox)
               Resources               that               can               help               temper               fears               of               Black               Mondays               and               stock               market               crashes
               First,               a               caveat:               I               am               not               a               financial               expert,               only               someone               with               practice               in               weathering               some               financial               storms,               including               deep               recessions.

As               noted               before,               I've               grown               up               listening               to               cautions               from               parents               who'd               gotten               through               the               Great               Depression               and               at               least               one               of               my               parents               did               it               on               little               to               no               money.

So               this               information               comes               primarily               from               personal               experience               and               the               wisdom               of               Depression               era               adults               who               made               it               through               some               very               tough               times.
               Here               is               some               information               you               might               find               useful               now:
               Stay               informed               to               fight               fear               of               Black               Monday               and               stock               market               crashes               with               real               information               in               real               time
               If               lack               of               information               and               swirling               rumors               (mixed               in               with               some               facts               that               you               don't               know               how               to               interpret)               are               making               you               anxious,               there               are               some               financial               tools               you               can               use               to               stay               on               top               of               what               is               happening               -               right               now.

Even               as               you               read               this,               things               may               have               changed.

If               you               want               real               time               information,               or               the               closest               thing               to               real               time               news,               then               consider               using               Google               FInance               here:               finance.google.com/finance               and               look               for               the               current,               real               time               prices               for               any               stocks               you               have.

Another               very               useful               tool               for               checking               the               comparative               risk               of               any               stocks               or               other               assets               you               may               have               is               through               RiskGrades               here:               www.riskgrades.com               
               Of               course,               you               can               also               check               prices               online               for               the               NYSE               or               NASDAG.
               The               bottom               line               -               resist               Black               Monday               and               fear               of               stock               market               crashes               by               using               real               time               information               to               stay               current               and               know               the               truth
               Real               information               in               real               time.

Anything               else               is               either               rumor               -               or               old               news.

If               you               stay               informed,               you               may               still               not               like               the               news               you               hear               or               read....but               at               least               you'll               be               closer               to               separating               fact               from               fiction.

Along               the               with               tools               listed               above,               check               out               financial               blogs               as               well.

Some               of               the               best               advice               can               come               from               unlikely               sources.

A               tip               from               a               friend               helped               me               learn               how               to               cut               grocery               cost               and               keep               my               pantry               stocked               with               food               for               making               quick               meals,               saving               us               hundreds               of               dollars               regularly.
               Got               Black               Monday               blues?

When               possible,               look               at               what               you               can               do               to               batten               the               hatches
               If               you've               got               room               to               make               changes               and               become               financially               more               secure,               now               is               the               time               to               do               it.

Pay               off               those               credit               cards               or               reduce               your               debt               exposure               to               a               minimum.

If               you've               never               been               financially               careful,               cautious               or               conservative               before               and               you               don't               have               tons               of               extra               money,               perhaps               now               is               the               time               to               reduce               your               financial               risks               and               exposure.

At               the               very               least,               try               to               build               an               emergency               fund               of               cash               to               equal               3-6               months               of               living               expenses               but....
               Go               beyond               emergency               savings               and               fight               Black               Monday               fears               by               realizing               you               may               have               other               untapped               assets               or               skills
               One               major               untapped               asset               could               be               your               own               knowledge.

Some               people               I               know               are               already               bartering               with               others               to               get               needed               furniture,               school               supplies,               babysitting               or               other               items.

Others               are               using               Freecycle,               located               here:               www.freecycle.org/               to               get               or               donate               items.

Others               are               stocking               up               on               food               when               it               goes               on               sale,               cooking               freezer               meals               for               the               winter               and               eating               out               less               often.

We're               keeping               our               pantry               stocked               -and               I've               seen               a               better               return               on               that               food               than               any               of               my               former               stocks               (all               of               those               stocks               have               gone               down               lately).

There               is               usually               someone               who               knows               how               to               tweak               a               budget               even               more               than               you               do.

Find               that               someone               -or               several               someones.

If               you               are               that               someone,               share               what               you               know.

Point               being....
               Balance               stock               market               and               Black               Monday               anxiety               by               networking               with               others
               Find               out               what               others               are               doing               to               offset               anxiety               and               strike               a               balance               in               their               lives.

Hang               out               with               friends,               take               a               walk               in               the               park,               have               pitch-in               dinners.

Find               people               in               the               know               about               finances               and               consider               talking               to               those               who've               gone               through               some               very               tough               financial               storms.

Balance               local               news               with               financial               information               from               sites               such               as               Bloomberg               online               here:               www.bloomberg.com               and               stay               in               the               loop.
               Sources               
               1.

Personal               experience               
               2.

RiskGrades               home               page:www.riskgrades.com               
               3.

Bloomberg               online:               www.bloomberg.com               
               4.

Lehman               Files               for               Bankruptcy,               Merrill               to               be               Sold,               Sept               15,               NY               Times:               www.nytimes.com/2008/09/15/business/15lehman.html               
               5.

Freecycle:               www.freecycle.org               
               6.

Google               finance               home               page               
               7.

Investors               Avoid               Panic,               Start               Looking               for               Bargains               -               Sept.

15               -               CNBC               -www.cnbc.com/id/26718956






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