03.23.09
Posted in Economy at 2:23 pm by cliffwynne
Well it seems that at least some parts of our economy is in a possible turnaround stage, granted today’s huge performance boost of 497 points is no indication that the markets are in recovery mode but with the last 2 weeks as well as the strong housing numbers from February which included a 5.1% increase, we could be seeing some light at the end of the tunnel.
We all just have to recognize that we are not out of the woods yet and what comes up can come down. Even the safe havens that was real estate became unstable thanks to corporate greed and consumer stupidity. So people pay attention to what your doing and if it sounds too good to be true get it checked and rechecked not just 2 or 3 times but 5 if you have to. It is more important to you and your family that you know what your getting into before you sign away your family’s economic future.
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03.03.09
Posted in Economy at 1:38 pm by cliffwynne
How many buzzwords does it take to scare the living daylights out of the average American. If we look at current economic markets, you would think that everything is crashing in around us. In contrary I say this, let’s face it most of us in 401k plans and doing day trading, understand that the stock market is volatile I mean after all its all depends on what others perceive the value of a company is.
What drives me insane are the speculators that start selling at the drop of a hat, was it really that big of surprise people that the major car companies had a bad year, or that the financial institutions have a large amount of consumers no longer able to pay for their products. It’s not called a recession for nothing but instead of riding the waves we are throwing money and people in trying to rescue everybody under sun. Even those that haven’t asked for a rescue in the past now have their hands out.
Let’s be honest, I mean we are all rationally thinking people, it is going to get a lot worst before it gets better. We are all going to have to tightened up and do the things we should have been doing when the economy was great which is living within our means, stop trying to catch up with the Joneses and get yourself in order. As long as your family has a roof over their heads, 3 square meals a day and your not pulling your hair out who cares wtf everyone else has.
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