The drumbeat of bad news is that housing starts are at record lows, and foreclosures are at record highs.
No…wait…that’s the good news!
Unless, like most investors, you prefer to buy at the top of euphoric bubble markets and sell at the nadir of savage bear markets.
If you want to buy property at a steep discount, then […]
First we must confront a dichotomy.
Real Estate is an established inflation hedge…but not all real estate is created or treated equally.
Just as residential real estate took the point in the massive sell-off that began two years ago, so will residential real estate lead in the recovery.
But watch out for all the other sub-markets that are […]
There is nothing so expensive and costly as free money…as we are soon going to discover.
Or did you think that the indiscriminate piling on of billions of compassionate bailout money didn’t come with an ultimate price tab?
There are three workable options available to pay off the massive trillion dollar plus deficit we are creating.
1. […]
Your quiz question for the day:
Would you buy these two stocks, now at historic lows?
Our government’s favorite two mega-banks are sporting bargain basement prices. Citigroup (C) is at $3.33 as this is written…BankAmerica (BAC) is at $6.00.
Favorite, in the sense, that the Feds keep shoveling money into these behemoths, almost, but not quite, […]
Just wanted to let you know that last week’s post on “The Five Stages of Grief in Real Estate” is part of this week’s Carnival of Personal Finance - edition #189 (the Super Bowl edition - hosted by Taking Charge, a credit cards blog).
The carnival - as always - is full of great posts by […]
As a former pilot, I’ve always been a sucker for checklists.
You may think you are in full control of your agenda…but in a careless moment you can come to grief by not checking off your full “to do” list.
Since there is little we can do to influence or control the major macro economic tides that […]
Some musings on why you might want to pass up your next bite of the Big Apple.
Have you ever scratched your head in wonder, over all those tiny condos and co-ops selling for multiple millions in Manhattan?
Who could possibly afford these stratospheric prices?
The driver for that high-end market was the unique compensation structure on Wall […]
How’s this for a bummer:
Death and Taxes….all in one package.
It’s proponents call it the estate tax. But call it what you will, it’s not as ubiquitous as it once was.
At the beginning of the decade, all estates over $1 million were subject to this very steep tax, but that limit has steadily risen […]
