Crash of stock market prices can be expected from time to time as markets correct themselves following false highs but what happened that October began an economic downturn that lasted for years. Starting on the Thursday October 24th, 1929 crash of stock market confidence became even worse on the following Monday and Tuesday. So in this beginners guide to investing we will cover some of the essential points but please keep in mind that investment in the stock market is a complicated and potentially risky business. One of the very first things to cover is the need for every investor to work out for him or herself a level of risk that they feel comfortable with. As with any other financial product, credit card consolidation loans require some very careful consideration before you decide whether or not they are for you. The most important thing that you have to consider is how much they are going to cost you. Not just the short term because that will almost all ways be better than the amount you are currently paying. (iv) There may also be a limit on the number and the amount of withdrawals that you make from the savings account. See if that meets your needs. With some banks, you can make more withdrawals than the number that they allow but you will have to pay an additional charge for that. (v) One more point that you have to check is the notice period before you can make a withdrawal, which is typical of most savings accounts. You'll be surprised just how much things can change with a little bit of competition. Of course if you've got poor credit things might not be quite so simple. And if that is the case maybe the best thing would be you for you to talk to a licensed debt counsellor or visit a bill consolidation service to get some idea of how you can reduce your monthly commitments. If you're in college and wanting the cash in a few years to buy a place to live that will be different from someone who is middle aged and going to start investing for retirement. A second aspect needs to address whether you will make regular set payments or if you're just planning to put in lumps of cash whenever you can afford it.