In today’s economy you may wonder about how your assets have fared or done in in the turberlance. This will include your income, your investments, thrift savings plan, individual retirement accounts and the biggest investment for nearly all people, your family home or house.

What money you have in the bank in your nest egg 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’re invested with the stock market this may not constitute a very good time for anyone unless, like they say, you’re invested for the long term. Even the long term investors are getting a little jumpy presently.

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

Now to that greatest investment for nearly all folks. The house or family home. I’m certain your home or house is precisely like mine, it has decreased in value during the last few months. So probably 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 look for a home equity line of credit you will not be impacted even a little. For those looking for home equity lines of credit will find that their home equity is lower and the loan interest rates are climbing.

Marley

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