Scary Financial Scenarios (and how to avoid them)! with Jim Katzaman | Image by SerenityArt from Pixabay

October 29 Scary Financial Scenarios (and how to avoid them)! with Jim Katzaman

For our October 29th #Digiblogchat, we’re talking about the scariest scenarios you could ever consider. No, they’re not scary clowns! And if you’re wondering, @JKatzaman can help with some suggestions on how to avoid these difficult and terrifying situations.

Join us on Twitter each Tuesday from 12:00 noon to 1:00 p.m. Pacific Time for #DigiBlogChat. My partner for these chats is @LazBlazter.  If you need to know how to participate, click here: How to Join #DigiBlogChat. P.S. Don’t forget to add the #digiblogchat hashtag!

NOTE NEW TIME: at 8pm BST, 9pm western Europe, 3pm ET, 12:00 NOON pm PDT.  This week, those in Europe will have a time change when their clocks will move back by an hour. 

Questions:

Q1 What are the potential dangers of investing in highly speculative assets, and how can they lead to financial ruin? #DigiBlogChat 

Q2. ​​What are effective strategies for building a diversified investment portfolio? #digiblogchat 

Q3 What are the risks of relying heavily on credit and accumulating large amounts of debt? #digiblogchat

Q4. How can budgeting and tracking expenses improve financial stability and savings? #digiblogchat 

Q5. What are the potential consequences of a government defaulting on its debt obligations? #digiblogchat

Q6. What are the key benefits of automating savings and investment contributions? #digiblogchat

Q7. How could a widespread cybersecurity breach compromise personal and financial information, leading to identity theft and financial loss? #digiblogchat 

Q8. What are the dangers of being unprepared for unexpected medical expenses or long-term care costs? #digiblogchat 

Q9. How might a real estate bubble burst impact homeowners and the broader economy? #digiblogchat

Q10. How can the collapse of a major financial institution trigger a broader economic crisis? #digiblogchat