Fantasy vs Real Life
Somehow, when I read articles about what’s going in the economy, with real estate, jobs, I compare that with the headline news. I often see two different pictures.
On the one hand, I see the specific effects of economic hardships and financial mismanagement in individual cases outlined in local newspapers. Typically, the author (usually an english […]
New York, New York! I Want to Wake Up, with a Lender That Never Defaults
Today, the backing of the bond market by New York Insurance regulators was an enormous boost of support for the market. Now that investors think that there is a backstop behind deteriorating credit markets, the market may be steadier.
In other news: with the recently lowered targeted interest rates, people are realizing that bank margins will […]
Put Your Mortgage Broker on Watch
As I woke up and examined the headlines, I could not help but laugh. The thesis shared by many students of economics, including myself (I’m not the best student), seems to have been upheld this morning - the Fed is now reacting to the markets not to economic conditions.
Fed Story on Yahoo Finance
The only […]
Asian Then European Markets Spill Blood…
Wow - the dam has broken - India dropped more than 11% at one point today; other Asian markets followed suit and then Europe took a bath. Supposedly, London fell the most it has fallen since 9/11.
I’m waiting to see how the US markets open tomorrow - All I can say is thank God for […]
Givin’ Cash to the Junkies
Here we go - let’s have some economic stimulus! Sec. of the Treasury Paulsen is talking about ‘broad based’ stimulus and one of his companions (can’t see his name) is talking about investment stimulus (business investment not stocks and bonds).
So I suppose we will send everyone $300 or something - woo hoo that will solve […]
Time to Hoard Cash
With the markets expected to plunge today, it is a good time to remind folks of some timeless advice - Hoard Cash.
Markets expect to plunge - link to Yahoo Finance headline
Let’s discuss how you might benefit by hoarding cash - and I’m sure I could give a few examples that you could remember in […]
Unemployment?
A quick blurb that I will probably expand upon later - Yahoo Finance has an article posted today talking about boomers skipping retirement to ‘chase their dreams.’ Basically, starting the business they always wanted to after they retire.
Yahoo Article
It bothers me that we never talk about entrepreneurs and start ups when we discuss the […]
Small Gripe…
Just a small gripe - it snowed today, which was quite nice actually; also nice was that few people were on the road, even after they were cleared. It was a quiet night so I hit Mary Chung’s with a friend - I park out front, thanking the snow for such easy parking in Central […]
Recession?
The headlines are starting to pop up - Recession! Now that the word is on the lips of the average American, and after an interesting debate last night with someone about whether working-class people are working too hard and making too little to spend time and money on learning how to be better with their […]
Brownfield, ME
A nice day trip to Brownfield, Maine to visit clients’ new home in “Vacationland.” Brownfield is close to Conway, NH and surrounded by beautiful lakes. I will prepare a report on this as a potential vacation home/retirement destination (depending on your age!).
Real Estate looks worse and worse
I’m reading through the daily news updates I get from various real estate, financial, and economic publications and research sources - I get so many now I don’t always have a chance to read them all (or any!) One article asks whether Canadian real estate is experiencing a bubble (you may laugh, but up in […]
Excitement and Checklists for Goals
Today I am quite excited since we have been working on a new project. I think, generally, that whenever I am working on something new and exciting, it invigorates me. But sometimes I take on too much - which I think is a character flaw.
I have found that it is very helpful to not only […]
Time to Get Healthy and NO CATALOGS!
Like many people, I have committed to focus more on personal health in the new year. I don’t know if this ever happened to you, but about 3 years ago, my commitment to working out and enjoying healthful eating began to deteriorate. The result: gain of 30+ pounds and reduced strength and flexibility.
So here is […]
Spring Cleaning
I am being hopeful of course! With the ‘hot’ weather outside (it is 40 degrees F in boston as opposed to the 0-20 degree weather we’ve had recently), I may go running tomorrow. Think I’ll do some stairs with one of my friends who is just as eager to get into great shape. I hate […]
Today’s dismal market performance…and crybabies…
Today’s market reminded me of opportunity. In every situation, there is good and bad. With tremendous volatility in the market, and the pain experienced by some investors, one could not be faulted for worrying and imagining the end of the world.
It also got me thinking about how much of a crybaby many people have become. […]