Wall Street Fears U.S. Economy May Be Sliding Toward Recession
Shares fell heavily on Wall Street on Wednesday after a gloomy report from U.S. factories and signs of a slowdown in employment growth prompted fears that the recovery in the world’s biggest economy is fading. With weaker than expected data from Europe and China adding to the downbeat mood, the Dow Jones industrial average lost [...]
If You Think the Meltdown Was the Fault of Homeowners, Think Again…
If you’re thinking that our economic crisis was in some way the fault of homeowners who couldn’t afford their mortgages, please consider the following: At the end of 2007, there were roughly $1.4 trillion in sub-prime mortgages in this country. If “irresponsible sub-prime borrowers,” caused the meltdown, then $1.4 trillion would have solved the problem [...]
The Economic Evils of Inflation
Needless to say, a policy of pegging the interest rate is a particularly vicious strategy. If it is put into practice, it causes economic damage on a grand scale. First and foremost, it is an inflation policy, and as such it brings all the economic and political evils that typically come with inflation. It allows [...]
Is a Guaranteed Investment Certificate for You?
Many people today are saving their money in High Interest Savings Account. However, smart people are investing their money in different vehicles as well. A wise decision would be to get in touch with a Financial Advisor and learn about different options. There are several factors that will decide which type of investment you should go with. [...]
As We Inch Closer to Spring, The Real Estate Market Prepares to Rev Up
Although 60% of people who would like to own a home still worry about job security and creditworthiness, according to a recent survey of 3,500 US homeowners and renters conducted by Harris Interactive, as interest rates continue to climb many prospective buyers are starting to believe they need to get back into the buying game. Interest [...]
Case Study: Maximize Your Investment Return Using Real Estate Software
With all the volatility in today’s real estate market, it’s more important than ever to understand the numbers before you buy. As my grandmother used to say, know how deep the pool is before you jump in! The right software can do just that (metaphorically speaking, of course), turning an often confusing and intimidating analysis [...]
Can the Vietnam ETF Bounce Back From Currency Devaluation?
Soaring food prices across much of the developing world has led to a difficult situation for many central bankers in emerging markets. They are torn between raising rates to curb inflation but also potentially choking off further growth in their economies. One nation facing this issue is Vietnam where the average lending rate is roughly [...]
A Remortgage – What is it?
You say tomato, I say tomahto. You say remortgage, I say refinance. Yup, you guessed it. They both mean the same thing. The only difference is “remortgage” is the term used primarily in England where as “refinance” is used in America. Since the housing crash hit, more and more people are searching out for a [...]
Gold Regains Footing
Gold prices regained their footing after the metal lost 3% in a broad market sell-off Friday. Gold for December delivery gained $3 to settle at $1,368.50 an ounce at the Comex division of the New York Mercantile Exchange. Gold Monday traded as high as $1,376.60 and as low as $1,356.50. The U.S. dollar index was rallying 0.7% [...]
Buying a Home
Buying a home can sometimes feel like an overwhelming prospect, whether it is your first home, an income property or a retirement residence. The trick to avoid getting stressed out when you are buying a home is to break the process down into manageable steps. When you take things one step at a time, you [...]
Are Bonds Really Risk Free?
If you are a neophyte investor, perhaps you have never invested in bonds before. Before you invest, you need to understand some of the risks associated with investing in bonds. Most people assume that all fixed-income investment instruments are completely risk free, but this is not the case. Even if you are an experienced investor, [...]
The Difference Between A Buyers And A Sellers Market
Real estate agents all over the nation know exactly what kind of market we are in. But as a novice home purchaser or merely someone that just doesn’t pay that much interest to the existing housing development, a buyers or sellers market may be complex to them. What kind of market does each of these [...]
Real estate funds lead pack but may not last
BOSTON • Real estate investors don’t have to own property to make a buck. They can invest in stocks of real estate investment trusts, which own and sometimes operate commercial, industrial and retail properties. In good times, it’s kind of like enjoying the milk without having to buy the cow. You can pocket the gains [...]
