The Motley Fool Crisis Survival Kit

Recs

11

Disney Buys Marvel!

...And David Gardner called it. He's up 1,334%! See what David's recommending that you buy NEXT!

Click here now to find out!

Here's a scary list:

Fannie Mae (NYSE: FNM). Freddie Mac. AIG (NYSE: AIG). Bank of America (NYSE: BAC). Wells Fargo (NYSE: WFC). State Street. JPMorgan Chase (NYSE: JPM). Citigroup (NYSE: C). Bank of New York Mellon. Goldman Sachs (NYSE: GS). Morgan Stanley.

Those are the once-strong, once-independent mega financial institutions in which the government now has a stake. And I'm not counting Bear Stearns and Merrill Lynch, both of which got or are getting swallowed up by the others. Yikes!  

Here's another scary list:

Panic. Recession. De-levering. Worst since. Foreclosure. Bubble. Paulson. Prolonged. Bankruptcy. Bernanke. Great Depression. Bailout. Only the beginning. Fear.

Off the top of my head, those are the words and phrases we've been throwing around ceaselessly to describe this financial crisis. Double yikes!

A final list:

Hope.

Like Pandora, it feels like hope's all we've been left with recently. But President Roosevelt's words from some 70 years ago ring true today: "Let me assert my firm belief that the only thing we have to fear is fear itself -- nameless, unreasoning, unjustified terror which paralyzes needed efforts to convert retreat into advance."

So fear not. With a calm head and a smart game plan, each of us can get through this. And we can get through this together, as Fools.

Our analyst team has put together this survival kit to help you through this crisis. Read below for answers to questions ranging from "How bad is this going to get?" to "What do I do with my 401(k)?"  

Chin up. Fool on!

How bad is this going to get?

How can I get my game plan together?

Is now the time to invest?

I need a breather. Got any gallows humor?

What hidden dangers should we watch out for?

What do I do with my 401(k)?

Closed for 15 months – opening 10 days only! Get notified ahead of time as our expert portfolio manager invests $1 MILLION in the best opportunities from across The Motley Fool’s premium investment services. This is the first open since August 2008, by invitation only. Enter email below.

Did we miss one? Send us an email at AsktheFool@fool.com, and check back at Fool.com as we answer your questions.

JPMorgan Chase and Bank of America are Motley Fool Income Investor selections. The Motley Fool is investors writing for investors.

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

TD AMERITRADE
more info
ShareBuilder
more info
Power E*Trade

more info
Scottrade
more info
Fool Disclosure

DocumentId: 766122, ~/Articles/ArticleHandler.aspx, 11/8/2009 3:52:40 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

The Must-Read Story on Fool.com
Which Companies Can Buy It Like Buffett?

Related Tickers

11/6/2009 4:00 PM
BAC $15.05 Down -0.08 -0.53%
Bank of America Co… CAPS Rating: ***
GS $171.78 Down -1.62 -0.93%
Goldman Sachs Grou… CAPS Rating: ***
WFC $27.12 Down -0.17 -0.62%
Wells Fargo & Comp… CAPS Rating: ***
AIG $35.48 Down -3.80 -9.67%
American Internati… CAPS Rating: *
JPM $43.48 Down -0.39 -0.89%
JPMorgan Chase & C… CAPS Rating: **
C $4.06 Down +0.00 +0.00%
Citigroup, Inc. CAPS Rating: **
FNM $1.04 Down -0.08 -7.14%
Fannie Mae CAPS Rating: *

Community: Investing Wiki

Term Of The Hour

Annuity: An annuity is a contract between an insurance company and a person that provides for periodic payments to the individual or designated beneficiary in return for an investment.

Want to learn more or edit this definition?
Click here to read more!