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. After all no one will ever take as much care of your money as you will yourself. One thing which many people tend to forget when they first start to invest in the markets is that they are investing for the medium to long term. If you have that clearly in the forefront of your mind you will make much safer investment decisions. Likewise it's important to feel comfortable knowing that you should be investing in the markets for the medium to long term. That's generally regarded as 5 years plus. If you need ready access to your money then go for something which won't be as easily affected by outside events. While markets fluctuate and at times quite wildly they do tend to rise over time but that won't help you if you need to get your hands on your cash the day after tomorrow and the market's in freefall. If you think it will never happen to you don't be too sure. Think of something as simple as an accident, it doesn't even have to be your fault, and you get hospitalized for a couple of months. Do you think while you're laid there in your hospital bed it's just possible that making the payment for your credit card bill might get forgotten? Bill Consolidation Loans - Should You Get One Bill consolidation loans can seem like the answer to your prayers if you are struggling with making your monthly repayments. But if you take one out what is the total cost of the bill? Consolidations loans are the same as any other loan when it comes to making a decision whether or not they are right for you. " really requires a question in return because it is important to find out the kind of investment they mean. We need to know which types of investment they are considering when they ask "what is the first step to investing?" Many newcomers to the world of investments think only of stocks and shares but there are of course many more options out there.