It wasn’t that long ago that we were talking about how far home sales had dropped (a new record low at the time) and the causes behind it. It was just announced (yesterday or today) that new home sales have “unexpectedly” dropped another 12.4% to a new all time record low. To be completely honest, [...]
Full Story »New Home Sales Drop Even Further
Is Gold the Next Bubble?
Gold! Through the eons, it’s been a much sought after commodity. After all, it’s shiny and stuff. Even in the investment world, it’s the wonder investment. It’s touted as being the “can’t fail” investment for these uncertain times. Unlike stocks, gold is a physical thing. You can buy gold by the bar or by the [...]
Full Story »New Home Sales Down
So, are you surprised by that news? That new home sales dropped like a rock in May? I can’t say that I am. I try hard to keep my politics out of this site, but what the heck were they thinking? If you look at the chart that CNNMoney has posted, you can clearly see [...]
Full Story »Recession Perception
It’s officially official. We’re in a recession. And it started almost a year ago. Way back in December of 2007 in fact. But how much of the recession is in current perception? How would you or I know that we were in a recession? Well, most likely, we’d learn by being told. Of course, it’s [...]
Full Story »What is Freedom Worth
It’s a bit of a cliche now, but we all know the scene from Braveheart where Mel Gibson’s character screams “FRREEEEDDDDDOOOOMMMM!!!” as some medieval device or another removes an offscreen part of his anatomy. Despite the cost, he never gave up his fight for freedom. And really, can you put a value on your freedom? [...]
Full Story »Financial Steps for After the Election
Up until now, we’ve all heard about the various ramifications of one Presidential candidate over the other. We’ve heard about what differences will be made to the tax system and how it will affect you. And sometime after midnight tonight, we’ll know which set of changes might take effect. So, now what? Regardless of who [...]
Full Story »We The Savers; Savings Declaration from ING Direct
If you’re a customer of ING Direct, you’ve likely received an email about this, but for those of you who aren’t or haven’t, I thought I’d share it. They’ve put together a Declaration of Financial Independence that they suggest we read and, if we like, sign on. It’s a pretty good document really. 1. We [...]
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