3/4/2010
NEW YORK (CNNMoney.com) — More bad news on the housing bust front: Nearly 25% of all mortgage borrowers were underwater, meaning they owe more on their loans than their homes are worth. First American CoreLogic, the research firm that monitors housing equity, reported Tuesday that 11.3 million homeowners or 24% of all homes with mortgages [...]
2/23/2010
Lately I have been feeling like I have been in the matrix movie, you know the one with Keanu Reeves? Where you do not know what is real and what is imagined. Right now in this country and in the World there is a BIG difference between reality and what the Governments and their News [...]
Ways to help improve your odds for success, its Now or Never! Or you will be assured of a life of lower living standards and very grim retirement prospects!
Spend or save? That question will confound consumers for the next several years as they try in vain to rebuild their savings, lower their debt and in [...]
Well dear readers as we come to the close of 2009
More questions remain than answers, many investment gurus predictions for 2009 have gone by the wayside.
Some were correct, most were not. Even a majority of the predictions that were spot on suffered from bad timing and timing dear readers is what it is really all [...]
As I watch Gold being hammered by the Gold Bullion banks the last few days, all I can think of is they gave us a gift, the opportunity to BUY more Gold and Silver at lower prices. Their efforts are futile.
Please read this great paragraph from JSMineset.com
AND BUY MORE GOLD & SILVER!!
Paper Money Collapsing [...]
As the Holiday Season rapidly approaches, Americans are in a vastly different economic situation than they were two years ago. We were getting warning signs of this current situation as early as the mid 1990’s.
Increased credit lines made using credit cards for everything from luxury vacations to purchasing automobiles to kitchen renovations that cost upwards [...]
Every once in a while I come across a very important article that strikes the right tone with me. This article comes courtesy of Ken-Welch.com, parts have been upgraded with my personal contacts, I hope you find it as interesting as I did.
A number of independent financial commentators have been saying this week that we [...]
Before you can accumulate wealth you must get yourself out of debt. You cannot effectively work on wealth creation if you are wasting dollars paying high interest on your credit cards, car loans, student loans or your mortgage. You must attack the debts aggressively before you can expect to invest effectively.
There are a number of [...]
Below is a great statement from Abraham Lincoln, he was truly an intelligent man and a great statesman. His observations were right on the money back in the 1860’s and are ringing true today. It just proves dishonesty and greed was alive and well then as it is today.
“I see in the near future [...]
NEW YORK (MarketWatch) — Gold futures rose last Thursday to six-month highs, with the December contract approaching $1,000 an ounce as a weakening dollar and fund buying pushed up prices. Gold for delivery next year topped the key psychological level of $1,000.
Why Gold Now?
Gold has been the currency of choice for [...]