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Wall Street

By Elayne Fluker | Published January 9, 2011 | Full size is 1000 × 669 pixels

1) Don’t be scared: Wall Street did better than Main Street in 2010 in part because of bailout money—which none of us received. But we can take a lesson from Wall Streeters when it comes to what kind of reaction investors should have to changes in the market. “Wall Street didn’t run away from the stock market or investments just because the economy is bad,” says White. Instead, they looked for other options.“ If the US economy is lagging, then you can look to other countries. But if you're not comfortable investing overseas, you can consider investing in the US debt market (US treasury bonds). Usually the bond market and the equities market move in inverse directions. So if one is bad, a lot of times the smart money goes to the other."

1) Don’t be scared: Wall Street did better than Main Street in 2010 in part…