In today’s economy you may wonder about how your assets have fared or done in in the turberlance. This will include your net worth, your investments, pension plan, individual retirement accounts and the largest investment for most folks, your family home or house.

What money amazed} in the bank in your savings or checking account should be just fine unless you have more than $250,000 in one bank and that bank happens to be one of the banks that fail.

If you are invested with the stock market this may not be a really good time for anyone unless, like they say, you are committed for the long term. Even the long term investors are getting a little edgy presently.

The pension plan that are to a great extent invested with the stock market are taking a beating right now, but may recover the losses over a period of time. What you might do with these accounts is generally decided by your age and how long it is till you’re planning to retire.

Now to that biggest investment for almost all folks. The house or family home. I am for certain your home or house is exactly comparable to mine, it has decreased in value during the last few months. So more than likely your home equity is less than before. You may ask how could this affect me? If you are not planning to sell or not planning to seek a home equity line of credit you won’t be impacted even a little. For those attempting to get home equity lines of credit will find out that their home equity is less and the loan rates of interest are moving up.

Marley