Best business commentary

Now is a good time to consider “how to protect your family, yourself, and your portfolio from the blahs,” says Linda Stern in Reuters. Oil’s sharp rise hasn’t “significantly impacted consumers’ wallets,” says Aleksandra Todorova in SmartMoney.com. “At lea

How to survive a recession

Now is a good time to consider “how to protect your family, yourself, and your portfolio from the blahs,” says Linda Stern in Reuters. The signs are “all pointing to the specter of a recession,” but even if its just “slow growth or stagnation,” as some predict, “that’s not much better, is it?” So sock away money in bank CDs and invest in companies that make “toilet paper and the other necessities of life” and those that pay dividends. Pay off your debt, and “diversify your ability to earn money” by taking “that Web design class” or starting “that eBay biz you’ve been thinking about.” As always, “spend less and save more.” And take heart: “you’re not giving up gratification, you’re just deferring it.”

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