We all focus on the headlines ... those prominent stories that dominate the front pages or first few minutes of news.
As someone who has followed the current financial meltdown carefully, I find that I have learned much more from stories nowhere near the headlines.
Here are examples from just the last day or two:
(more...)
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One good thing (perhaps the only good thing) coming out of the current financial meltdown is that I no longer have to listen to the self-serving hype of financial "advisors" claiming to know what is best for me ... such as:
1. "There is no better
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Here is my biggest problem with the bailout: it all happened too quickly for the American public to understand why it was so critical (if, in fact, it was).
I don't know about you but for me it seemed like one day
Bad Idea.
Unless you absolutely MUST sell your home now, don't even put it on the market. Here are my reasons:
1. Buyers are all looking for a steal. They can read the papers just like you and me and they see that median home prices are, on average, down 20% from 2006 peaks. And, in certain areas of the country, the decline is more like
Some journalists have been suggesting that values in commercial real estate will be the next to
crash - following housing and dragging the U.S. economy even further into a serious funk.
Prior to giving you my opinion, I'd like to give you my resume: before I turned to journalism (writing, teaching and speaking), I spent 30 years as a real