You know I am in the Real Estate business, and I have seen, well I am sure we have all seeing, how the market in regards to Real Estate is faltering. Yah…it’s a great time for all cash out investors or buyers looking for bargains, but even with cash out…it seems that closing a deal, honestly, still seems to drag on and on. With that said, I wanted to share some things I have been reading and of course just give my opinion on the matter.
The economy fluctuates in line with what the Media reports, not really what the DOW index illustrates or what the feds might do or not do. That’s my opinion, yah the feds might increase or decrease the Interest rate, yah the DOW Jones dropped 200 points or goes up 200 points, or maybe the dollar goes weaker or stronger, but when the news media hypes up little news, maybe, actually they blow it up out of proportion, then the market reacts…and people then react. But you know, what I see is a lot of young folks, not really aware of what is going on, seriously…maybe their approach is to ride this out and not let them affect them, but when they loose their job and they can’t find something quick enough, what then, does it become an issue then. Do they begin to pay attention to the news, the media, and the economy and wonder why they can’t find a job or why the cost of milk suddenly went up 0.50 cents or more?
It’s sad to see, I seriously try not to let it affect me, but I do have to keep up with the information and news flashes, but I do not have to buy into all the hype, just get the information I need to make solid decisions. And maybe because I have a family that might be another reason I am so vigilant on what is going on. I mean I have to consider my children and their welfare for their future. I can’t have the little I have saved for them disappear into a void or something. I need to make decision to move investments around to support a growth. Yah, growth you say, there is still some growth, just need to look for it, whether it is an international investment or a safe investment of 1.75 or more percent return…hey something is better than loosing. I know many of us are looking for that 6 to 12% return, but we need o be vigilant about it. I am sure many of you have your stories to tell, the hardships, the success you might be encountering, am sure there are also many out there that don’t really bother keeping up and pretty much take each day as it comes and deal with it one thing at a time. But for some of us, we like to be prepared for the future, many of us do look forward to retirement and leaving something for our children, you know even if it is small, but something that could help them along once they complete school. Oh yah and don’t get me started on the whole higher education costs, that’s something many of us are dealing with or will be dealing with…how do we prepare for that? Vigilant, look, read but don’t read too much into it, get the information you need to make solid decision or at least some type of decision.
Indicators state that foreclosures are on the rise again, that States are falling behind and actions are needed to make things flow, sometimes those actions are not welcome by individuals, and sometimes decisions are hard to make, especially in today’s economy, but what would help if these steps, by our government are not taken? What can be done…we all seems to have a solution, but if you look really into your solutions would it really help, or would it simply divert the issue out for a longer time or towards another group of individuals…I mean…we all can offer solutions…but when it is done and said…hard decisions will have to be made.
I guess this topic could lead into a book about the United States Economic crash of the 2000’s and a conversation that cold potentially be endless…geez. Can you see it?
My Perspective:
This topic; our economy; the health of the United States and of many other countries is in the public eye. We need to all listen, watch and keep up with what is going on around us, simply because it does affect you in someway, maybe not now and hopefully never, but the people, friends, family around you…are affected…and somehow that could lead right back to you. So, keep watching, listen and I wish everyone the best and just hang in there…we are an incredible species, we are resilient, innovative, and strong…we will make it through and better days will once again be upon us, but hopefully with this lesson, we learned not to over indulge in things we really don’t need, but enjoy the simpler things in life.
Thanks for reading, till next time.
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