January has been a really scary scene. The Dow Jones taking an nose dive and the release of how horrible the economies shape is still in. Many huge companies have had profits but can we really call them profits when the money made was merely savings from nixing many thousands of workers and cutting costs verses products being made and sold. There have been thousands of top notch companies, that have projected 2010 to be a lot better in the forecast on bringing in more product sales and profits but the economy in such a fragile stage and jobs still being shed left and right my honest opinion is that we won’t see no econmical gains till around 2011 as we rerally see how solid any tax breaks or incentives truly are and how helpful if at all they are or have been.

Unemployment rates have still been posting some steady trends in going up, in some parts of the country and dropping in others but where and how do you give significant weight in any packages that have been fashioned by the feds or government. When so many states still set in economic turmoil and either have seen little or no slight chance of recovery at this point in time.

I still encourage to keep a opened mind in purchasing your share of stocks. As there has been a clearing house of folks dropping stocks due to the recession this is still the time to get into the market no matter how nasty it looks. Picking up stocks now can be a winner of a deal provided you really watch and research all your options out there. There are a lot of under valued companies out there from either the economy and the investors holding back and giving or producing a real news event or cimply sales being down because the layoffs and consumers tightly holding all of there savings in the bank.

Just because a economy slows doesn’t make you any less likely to profit from the down turn. Even as bad as it sounds profits must be made and retirements must be set for yourself in one way or the other. With the baby boomers basically retiring at a substantial rate, the social security system is being overloaded at a outstanding rate. Many companies dropping retirements and employees having to start there own 401K plans or roth IRA’s to build there own retirements for themselves.

Be diligent and protect yourself but don’t give in to everything the economist have to say. Last year they projected by the end of 2009 that the market would basically reset itself and we would be sitting at around 8000 points on the dow Jones and we was able to break that report by keeping a 25% gain over that 8,000 points and we have held a steady level in the 10,000 point range. Don’t give up on America and we it comes back around like we did in the Great Depression it built fortunes for many thousands of people and you don’t want to be left off the train of true successful money management.