The real estate and the stock market are hitting all time lows since early 2009. Many investors witnessed their funds draining away due the current economic downturn. If you are among them, don’t panic. There is nothing you can do to avoid the market from crashing.
But have you taken any steps to prevent further loss? What have you done to recover your losses? Do you have a back up plan? No? Don’t be a background observer. It’s your money, take charge today. Here is a 7 step plan to recover your losses:
Analyze your loss: Keep at track of all your losses, initial capital and the remaining capital. It is obviously very painful to observe the figures every time, but so is losing money. It’s better to jot down those figures before you realize it’s too late. Get the actual figures of [...]