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Archive

Archive for January, 2008

Housing Bubble

In 2007 the NAR reported that sales of existing homes in December were down 22% from a year ago.  Sales of single family homes fell by the largest amount in 25 years.  The median price on a home sunk the [...]

Economic Stimulus Plan

People who pay income taxes would get up to $600,
Working couples could get up to $1,200.00
Couples with children could receive an additional $300 per child.
Workers who make at least $3,000 but don’t pay any [...]

The Great Depression

There are still many people living today that were living during the times of the Great Depression. By no means am I saying that we will be in another depression, and I certainly hope we never get into a one, however I found that circumstances were very similar back then, to what our current [...]

Fed makes an emergency rate cut

The Fed was originally supposed to meet next week to decide what to do with interest rates, however they made an emergency move and cut the interest rates by ¾ point to 3.5%. The Dow was down over 460 points this morning, but ended the day 128 points lower.

Bear Market?

A lot of people ask if we are currently in or heading into a bear market. I would have to say yes, we are heading into a bear market and here are a few indicators of why:
Although there is no clear definition of a bear market, a bear market can be described as a [...]

Bear Wisdom

Hopefully, we can help you in your journey to invest intelligently!