Ron Stone

This past week has raised our economy to a level of uncertainty not seen for many generations.  Housing, stocks and job markets are all feeling the effects of the global economic downturn and these events require us to become reflective. 

Take stock in what you have and what you will need.  Since our credit markets have created uncertainty, make certain that if you are dependent on continued credit, you confirm that your credit remains available.  Consider the future and plan ahead. 

Are your retirement accounts sufficient? 

Do you have enough saved for college? 

If you loose your job, do I have enough saved until you get a new one? 

Should I change how I live, downsize?

Should I change my investment allocation?

These questions are only the beginning.  It is time to be proactive, not reactive.  If you think about the future and adjust your life plan (if necessary), this downturn can be managed.  In the long-term, there may even be opportunities.

Ronald C. Stone (Ron) is the principal of Profit Planners West and Stone Consulting with over twenty five years of business advisory, accounting and tax experience. Additionally, Ron is the Editor in Chief for Micro Cap Review.  Prior to Profit Planners West and Stone Consulting, Ron was the Chief Financial Officer and Operating Officer of Ronco Corp.; a NASDAQ bulletin board traded Public Company. Ron has also been CFO/COO of an entertainment company and CFO of an engineering manufacturer. Ron had his own CPA firm in Beverly Hills and worked there for 15 years. Ron holds a Bachelor’s degree in History from University of California, Los Angeles.